Welcome to Chatter with BNC, Business North Carolina's weekly podcast, serving up interviews with some of the Tar Heel State's most interesting people.

On today’s episode, David Mildenberg speaks with Pat Riley, the CEO of Allen Tate Companies, the largest residential real estate firm in the Carolinas. Riley discusses the blockbuster acquisition of Beverly-Hanks, the biggest realty agency in western North Carolina, creating a business with $9.4 billion in combined real estate closings last year. He explains why home prices are headed higher despite interest rate hikes and how Baby Boomers should approach the retirement housing market.