How Are Rising Interest Rates Affecting Texas Home Sales?

[Kent Ford]

With interest rates on the rise, how has it impacted your ability to sell properties in Texas? Have you noticed a slowdown in buyer activity, or are certain markets staying strong? I'd love to hear how you're navigating this shift!

[Jay Hinrichs]

Quote from @Kent Ford:

Quote from @Jay Hinrichs:

interest rates rose and peaked they are slowly retreating.

I think the impact right this minute is buyers still not moving forward right now as they feel rates will drop in the next 6 to 9 mnths so they are going to wait to purchase then.. so in my mind its going to still be a little slow for a while.

You’ve made a great point about the impact of rising and peaking interest rates. It does seem like a lot of buyers are holding off, waiting for rates to drop in the next 6 to 9 months. How are you navigating this slower period with your current investments? Are you adjusting your strategy in anticipation of the potential rate decrease? I’d love to hear your thoughts on how you're planning to stay ahead in this market.

nothing changes for me..  my business is building new homes and i have 12 presales currently so just finishing those up and they will all close so rates are not affecting me. 

In my Captial partner business my clients are still doing BRRRR and selling to investors and home owners on flips.. Just have to have your props dialed in and basically the best bang for the buck those are selling very quickly.. Poor props with prices to high those are sitting.. so just dont do that if you want to move inventory.
I am not a buy hold investor like most of BP  we have income property but its not my focus I have a 10 unit in oregon in contract see if that closes.. we got a very good rate from my local commerical bank  1/2 point 6% so that seems pretty goood.