Housing Market Updates
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.
Read MoreHome 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…
Read MoreLive Oak Housing Market Update December 2022 | Living In Live Oak, Texas
Are you planning on relocating to Live Oak, Texas? My family and I have lived in this area since 2007, and I can tell you watching it grow has been amazing! Watch this detailed housing market report before you move to Live Oak, Texas. Live Oak, Texas, is located just northeast of San Antonio, Texas,…
Read MoreHome Equity: A Source of Strength for Homeowners Today
Are you wondering why the housing market is still considered a seller’s market? Even with all the price changes in the news? Or where are all the foreclosures you keep hearing about? My simple answer is massive equity. But let me explain. Experts agree there’s no chance of a large-scale foreclosure crisis like we saw…
Read MoreNovember Housing Market Update 2022
As the 2022 housing market year reaches the end you likely have multiple questions on your mind. Should you buy or sell now or should you wait until next year? Will interest rates continue to rise or will they remain steady. And finally, will foreclosures become an issue any time soon? In this addition of…
Read More3 Trends That Are Good News for Today’s Homebuyers
While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the pandemic has cooled too. Here are just a few trends…
Read MoreThe Long-Term Benefit of Homeownership
Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning: should I still buy a home this year? While this year has unique challenges for homebuyers, it’s important to factor the long-term benefits of homeownership into your decision. Consider this: if you know people who bought a home…
Read MoreOctober Housing Market Update 2022 | What You Need To Know
Mortgage Rates Continue To Rise As you can see above interest rates, have been on the rise since the beginning of the year, doubling where they started in January 2022. And most recently rates have increased every week for the past six weeks. Rates are now just over 7% at the time of this post.…
Read MoreBuyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market
If you’re considering buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over the asking price to consider your offer may be coming to a close.…
Read MoreHousing Affordability Is At An All-Time Low | What You Need To Know
Housing affordability is at an all-time low now since 1990 according to the national association of realtors study. This is incredibly troubling news for homebuyers currently shopping for a home since just as recently as the beginning of 2022 relatively cheap mortgage rates were still attainable. However, after multiple interest rate hikes by the central…
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