Look at what has happened to the average 30 year interest rate in the last 2 months. It has moved from right around 3% to just a little above 4%. You can click the picture above for an interactive chart.
This amounts to an additional $300-400 per month on a typical mortgage loan payment in west Houston! This will cause some buyers to rethink their target price range and adjust it down a little to compensate.
> Read The Article Here <<
I never want to sound like an alarmist, but it's important to look at all the events happening in the world and be realistic.
If you are thinking about moving in the next 30-90 days, the window to achieve the highest possible price in the near term, may indeed be closing. If it is an option for you, you might benefit from selling your property sooner than later. Thank you and have a great week.
Our team is here to serve you if you have a Real Estate need. Please call us anytime if you'd like to have any kind of Real Estate conversation.