Posts Tagged ‘San Antonio housing market’
Why Median Home Sales Price Is Confusing Right Now
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…
Read MoreWhere Are People Moving Today and Why?
Plenty of people are still moving these days. If you’re thinking of making a move yourself, you may be considering the inventory and affordability challenges in the housing market and wondering what you can do to help offset those. A new report from Gravy Analytics provides insight into where people are searching for homes and…
Read MoreHow To Know If You’re Ready to Buy a Home
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…
Read MoreNortheast 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,…
Read MoreNortheast 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 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 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 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 More