Brown Harris Stevens CEO Bess Freedman recently sat down with Bloomberg News to discuss high mortgage rates and low inventory across the country, and how that has affected potential buyers and sellers.

"What you're seeing right now is a trifecta. You're seeing rates that are up, inventory constrained in most of the country... and you're also seeing that prices are still elevated. So that trifecta is creating a, sort of, sluggish housing market." -- Bess Freedman

Watch the interview in full above. To learn more about Bess and her background, click here.