Posts Tagged ‘housing market report’
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 MoreSelma Texas Housing Market Update December 2022 | What You Need To Know
Home 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 MoreVA Loans Can Help Veterans Achieve Their Dream of Homeownership
For over 78 years, Veterans Affairs (VA) home loans have provided millions of veterans with the opportunity to purchase their own homes. If you or a loved one have served, it’s important to understand this program and its benefits. The greater San Antonio area is home to some of the top military facilities in the…
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 MoreTips For First-Time Homebuyers [INFOGRAPHIC]
Some Highlights If you’re trying to buy your first home in today’s housing market, you’ll want to know what you can do as mortgage rates rise and inventory stays low overall. Connect with a lender to get pre-approved, prioritize your wish list, consider condos, and expand your search radius. Your first home is out there.…
Read MoreFour Things That Help Determine Your Mortgage Rate
If you’re looking to buy a home, you probably want to secure the lowest interest rate possible for your home loan. Over the last couple of years, that was easier to do as the housing market saw record-low mortgage rates, but this year rates have risen dramatically. If you’re looking for ways to combat today’s…
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.…
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