{"id":104,"date":"2026-10-08T12:00:00","date_gmt":"2026-10-08T12:00:00","guid":{"rendered":"https:\/\/www.heitzteam.com\/blog\/?p=104"},"modified":"2026-10-08T12:00:00","modified_gmt":"2026-10-08T12:00:00","slug":"rates-over-7-but-prices-may-be-negotiable","status":"publish","type":"post","link":"https:\/\/www.heitzteam.com\/blog\/2026\/10\/08\/rates-over-7-but-prices-may-be-negotiable\/","title":{"rendered":"Rates Over 7%\u2014But Prices May Be Negotiable"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>Mortgage interest rates recently moved above 7%, creating understandable concerns for buyers. However, the asking price is another important part of the affordability equation\u2014and in many local markets, sellers may have more flexibility than headline rates suggest.<\/p>\n<p>Nationally, 20.8% of listings reportedly had a price reduction in September. In the Kingwood area, the share was considerably higher: 43.75% of listings in Kingwood had a price cut, compared with 40.67% in Atascocita and 40.71% in East Montgomery County. These figures do not mean every home is negotiable, but they do signal that buyers may have more room to evaluate value and structure an offer carefully.<\/p>\n<p>A smart strategy starts with the complete picture. Buyers should consider the monthly payment, taxes, insurance, condition, comparable sales, days on market, and potential repair costs\u2014not just the interest rate or list price alone. A lower asking price may help offset some of the impact of a higher rate, while seller concessions or a rate buydown could further improve affordability when appropriate.<\/p>\n<p>If you are considering a move in Kingwood, Atascocita, or East Montgomery County, local guidance matters. I can help you compare homes, identify realistic negotiating opportunities, and create an offer strategy based on current market conditions and your goals.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mortgage interest rates recently moved above 7%, creating understandable concerns for buyers. However, the asking price is another important part of the affordability equation\u2014and in many local markets, sellers may have more flexibility than headline rates suggest. Nationally, 20.8% of listings reportedly had a price reduction in September. In the Kingwood area, the share was [&hellip;]<\/p>\n","protected":false},"author":158,"featured_media":105,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.heitzteam.com\/blog\/wp-json\/wp\/v2\/posts\/104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.heitzteam.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.heitzteam.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.heitzteam.com\/blog\/wp-json\/wp\/v2\/users\/158"}],"replies":[{"embeddable":true,"href":"https:\/\/www.heitzteam.com\/blog\/wp-json\/wp\/v2\/comments?post=104"}],"version-history":[{"count":1,"href":"https:\/\/www.heitzteam.com\/blog\/wp-json\/wp\/v2\/posts\/104\/revisions"}],"predecessor-version":[{"id":106,"href":"https:\/\/www.heitzteam.com\/blog\/wp-json\/wp\/v2\/posts\/104\/revisions\/106"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.heitzteam.com\/blog\/wp-json\/wp\/v2\/media\/105"}],"wp:attachment":[{"href":"https:\/\/www.heitzteam.com\/blog\/wp-json\/wp\/v2\/media?parent=104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.heitzteam.com\/blog\/wp-json\/wp\/v2\/categories?post=104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.heitzteam.com\/blog\/wp-json\/wp\/v2\/tags?post=104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}