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Housing Market Updates

San Antonio Housing Market Update October 2023

The San Antonio housing market has experienced some intriguing developments in recent months. We’ve observed fluctuations in new home listings, changes in median list prices, and shifts in the number of properties under contract. Additionally, the ongoing war in Israel has sparked concerns about its potential impact on the real estate market in the United…

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Why Is Housing Inventory So Low?

homes

One question that’s top of mind if you’re considering moving today is: Why is it so hard to find a house to buy? And while it may be tempting to wait it out until you have more options, that’s probably not the best strategy. Here’s why. There aren’t enough homes available for sale, but that shortage…

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Are More Homes Coming onto the Market?

residential homes

An important factor shaping today’s market is the number of homes for sale. And, if you’re considering whether or not to list your house, that’s one of the biggest advantages you have right now. When housing inventory is this low, your house will stand out, especially if it’s priced right. But there are some early…

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Why Median Home Sales Price Is Confusing Right Now

homes depiction

The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming release, it’ll likely say home prices are down. This may seem a bit confusing, especially…

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How To Know If You’re Ready to Buy a Home

woman looking at her phone

If you’re trying to decide if you’re ready to buy a home in San Antonio, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale, and more. And you’re juggling how all of those things will impact the choice you’ll…

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Northeast San Antonio Housing Market Update April 2023

Preview in new tab Have Home Value Declines Stabilized? You be the judge. Nationally Case-Shiller and FHFA show a steady decline after peaking in May-June due to interest rates doubling at over 7%. Month Over Month Local San Antonio Home Value Declines At first glance, the local data for home value declines can look scary,…

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Northeast San Antonio | Will Home Prices drop In 2023

Will home prices drop in 2023?  When will mortgage interest rates go down?   The answers to those questions right now! So, will mortgage rates come down? Let’s get into that question now and what they’re doing because the mortgage interest rates control the entire Market. You can’t have runaway prices without super low-interest rates,…

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Northeast San Antonio | Lower Mortgage Rates Exciting News

Here in northeast San Antonio as mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to take a timeout on selling.

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Home Prices In San Antonio | Surprising Data You Need To See

Home prices in San Antonio peaked in June of 2022 and have been correcting ever since. But have home prices hit bottom yet?  Today I will review the data to help you decide whether now is the right time to buy a home or sit tight. Since the beginning of 2022, we have seen the…

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