Weekly Market Update: The Cost Of Waiting

DFW Real Estate Market Update - The Tuttle Group

As you know the Fed hiked the rate which forces prices are down, and rates are up. We are still in a “floating mindset”- with the DOW down and home appreciation up. Everyone knew that the rate was going to go up, so interest rates were only affected slightly. If there were a “surprise rate” increase, then there would have been a shock to the market which sometimes leads to increased interest rates.

cost of waiting - The Tuttle Group

The video references the chart above.

As interest rates and home prices rise, it’s important to understand the potential cost of waiting when considering a home purchase.

Take advantage of our free “Costs of Waiting” analysis.

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