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?
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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?
By Heidi Dugan When considering buying and selling your home, always hire a professional. The real estate market is not constant. It is crucial for a professional to follow the trends and stay on top of new information when listing your home. With mortgage rates increasing, rising home prices and the inventory of homes for sale growing, today’s housing market can be hard to … [Read more...] about Ask the Professional: Complicated real estate dealings aren’t a time to go it alone