Brown Harris Stevens CEO Bess Freedman stopped by CNN Early Start to discuss the challenges facing the housing market as the debt ceiling decision looms.

In the segment, Freedman discusses how a debt ceiling default would affect the for the market and why low supply is discouraging to prospective buyers.

“Supply and demand is essential to housing. Supply is tight and demand is high, that’s what we’re seeing right now… we’re in this sort of weird quagmire in the housing market.”

You can watch the interview in full above. To learn more about Bess Freedman and her background, click here.