Chris Macke Chris Macke is the managing director of research and strategy at American Realty Advisors.

Rates are on the rise once again. Last week, the Fed pushed interest rates up another 25 basis points, in a move that was generally anticipated by the real estate industry. While the increase in rates is expected to happen gradually this year, the real estate industry is concerned about how rising rates will affect the market. Christopher Macke, managing director of research and strategy at American Realty Advisors, tells GlobeSt.com that he isn’t concerned that there will be a significant market impact because the Fed is returning to normalization. We sat down with Macke for an exclusive interview to hear his thoughts on the recent rate hike, how his firm is responding and get some insight into the potential impact on the real estate market.