Posts Tagged ‘San Antonio housing market’
October 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 MoreHow To Prep Your House for Sale This Fall
Today’s housing market is different from just a few months ago. And if you’re thinking about selling your house, that may leave you wondering what you need to do differently. The answer is simple. Taking the time upfront to prep your house appropriately and create a solid plan can help bring in the greatest return…
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…
Read MoreWhat You Need To Budget for When Buying a Home
When buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information. But you should know that you’re not expected to have all the answers. Many trusted professionals can help you understand your finances and what you’ll need to budget for throughout the…
Read More3 Tips for Buying a Home Today
If you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions. Recent data shows the supply of homes for sale is increasing, giving buyers like you additional options. And yes, this includes right here in San…
Read MoreAugust 2022 San Antonio Housing Market Update
Does A Recession Mean Falling Home Prices Many of us want to predict the future in real estate as much as possible when the need to move arises. Unfortunately, that is a task not even the most skilled can pull off. There are simply too many variables to account for, and when you add in…
Read MoreJuly 2022 Housing Market Update | Recession And Interest Rate Fears
Welcome to the July 2022 edition of the monthly housing market report. In this edition, we will first cover the fears of mortgage rate hikes and the looming fears of a recession. We will then wrap it up with some national data concerning housing inventory, appreciation rates, and some local San Antonio housing outlooks as…
Read MoreSan Antonio Housing Market Report June 2022
Are we In a housing market correction? Does a recession mean we will see a housing crisis? What are the interest rates doing right now? So many questions plague buyers and sellers these days. We are currently smack in the middle of the summer sales season. And for the first time in two years we…
Read MoreSan Antonio Housing Market Update May 2022
In this month’s edition of the San Antonio Housing Market Update, we will take a look at, some leading headlines shaking up the housing market, mortgage rates, and new projections for home price appreciation. First up let’s dive into a few headlines grabbing the attention of today’s home buyers and sellers. May Housing Market Report…
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