By Heidi Dugan Dear Heidi, My husband and I keep reading about the declining stock market, inflation, and rising interest rates. Do you think we should wait because he feels prices will go down with all this negative press? Thanks, Waiting in the Wings Dear Waiting, In my 30 years of selling homes in Houston, the last time we saw a drastic decline in home prices was … [Read more...] about Ask the Professional: Should we wait for a price drop to buy a home?
West U News
November report: Temperatures and West U/Bellaire housing markets cool
The feverish local housing markets continued to cool to pre-pandemic levels in October, with year-over-year sales down 56 percent in Bellaire and 30.8 percent in West University. Only 29 homes changed hands in the two cities that month, compared with 51 the previous October. Still, prices soared by nearly 30 percent in West University, up to a whopping $1.74 million average, … [Read more...] about November report: Temperatures and West U/Bellaire housing markets cool
West U Fathers & Flashlights: Putting the ‘fun’ in fundraising
The numbers told an impressive story about the 16th annual Fathers & Flashlights urban campout Nov. 5-6 on the fields at West University Elementary School: 517 youngsters, 250 dads, 240-plus volunteer moms and $137,000 raised for West U parks. Activities included catch-and-release fishing, a T-shirt tie dye station, inflatables, various arts and crafts, visits from exotic … [Read more...] about West U Fathers & Flashlights: Putting the ‘fun’ in fundraising
WEST UNIVERSITY MAYOR’S INSIGHTS: Get involved in your community
By Susan Sample Almost weekly, West U residents will reach out and ask me how they can make sure their voice is heard at City Hall. With policies being adopted, the budget being passed and new projects being considered and started, it is important that City Council hears from our constituents on those topics that impact them. I wanted to take some time this month to … [Read more...] about WEST UNIVERSITY MAYOR’S INSIGHTS: Get involved in your community
Ask the Professional: When is the right time to buy a house?
By Heidi Dugan Dear Heidi, With interest rates rising would you recommend buying now or waiting until the spring to see if rates will come back down? Thank you for the great question! I am being asked this almost daily by both buyers and sellers. Mortgage rates have doubled this year from 3 percent to the 6 percent range, and our lenders are telling us they do not see … [Read more...] about Ask the Professional: When is the right time to buy a house?