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San Antonio Housing Market

Flourishing Opportunities: A Glimpse into the Vibrant San Antonio, TX Housing Market

The San Antonio housing market is a captivating tapestry of growth, opportunity, and an undying allure. Nestled in the heart of Texas, this thriving city has become a coveted destination for individuals seeking a blend of urban charm, cultural richness, and a flourishing real estate market. In this blog, we’ll dive into the current state of the San Antonio housing market, exploring key factors that contribute to its appeal and highlighting the exciting opportunities it presents to both buyers and sellers. A Strong Foundation: The foundation of the San Antonio housing market is built upon several pillars, including a robust

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for-sale-by-owner

Is For Sale By Owner the way to go?

Selling a property is a daunting task, and many homeowners often opt to sell their homes on their own instead of hiring a real estate agent. This is known as For Sale By Owner (FSBO). While some homeowners have been successful in selling their homes on their own, the majority of FSBOs fail to sell. In this blog post, we will explore the reasons why FSBOs don’t sell. Limited exposure One of the most significant disadvantages of selling a property on your own is the limited exposure that it will get. Real estate agents have access to various resources and

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What is going on in the San Antonio Housing Market?

What is going on in the San Antonio Housing Market? San Antonio is an incredible city that has seen rapid growth and development in recent years. The city’s population has grown by over 15% since 2010, and it shows no signs of slowing down. With this kind of growth, the housing market is naturally going to be in high demand, and that’s exactly what we’re seeing in San Antonio today. According to the latest data from SABOR, the median home value in San Antonio is around $366,834 , up 14%  from 2021. This kind of growth is significant, but it’s

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for-sale-by-owner

6 tips for selling your house For Sale By Owner

For Sale By Owner (FSBO) is a popular option for homeowners who want to sell their homes without the help of a real estate agent. While selling a home on your own can save you a considerable amount of money on commission fees, it can also be challenging to navigate the real estate market and find potential buyers. In this blog post, we’ll share some tips and tricks to help you sell your home successfully as a FSBO. Price your home competitively Pricing your home competitively is one of the most critical factors in attracting potential buyers. It’s essential to

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House-not-selling-FSBO-Expired

6 Reasons Your House Isn’t Selling

  When you put your house on the market, the hope is that it will sell quickly and for a good price. However, sometimes homes sit on the market for months or even years with little interest from potential buyers. This can be frustrating and stressful for homeowners, and it’s important to understand why a house may not be selling. Here are some reasons why houses don’t sell:   Overpricing: One of the most common reasons why houses don’t sell is that they are overpriced. Sellers may have unrealistic expectations about what their home is worth or may not have

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housing-san-antonio-neighborhood

4 Simple Graphs Showing Why This Is Not a Housing Bubble

A recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation is still in the double digits. However, this market is very different than it was during the housing crash 15 years ago. Here are four key reasons why today is nothing like the last time. 1. Houses Are Not Unaffordable Like They Were During the Housing Boom The affordability formula has three components: the price of the home, wages earned by the purchaser, and the mortgage rate available at the time. Conventional lending standards say a purchaser should

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Reasons You Should Consider Selling This Fall

If you’re trying to decide when to sell your house, there may not be a better time to list than right now. The ultimate sellers’ market we’re in today won’t last forever. If you’re thinking of making a move, here are four reasons to put your house up for sale sooner rather than later. 1. Your House Will Likely Sell Quickly According to the Realtors Confidence Index released by the National Association of Realtors (NAR), homes continue to sell quickly – on average, they’re selling in just 17 days. In San Antonio, they’re selling in about 25 days according to the San Antonio Board of Realtors (SABOR). As a

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home-sellers

What Does Being in a Seller’s Market Mean?

Whether or not you’ve been following the San Antonio real estate market lately, there’s a good chance you’ve heard we’re in a serious sellers’ market. But what does that really mean? And why are conditions today so good for people who want to list their house? It starts with the number of houses available for sale. The latest market report from the San Antonio Board of Realtors (SABOR) shows housing supply is still pretty low, yet slightly increasing. Today, we have a 1.7-month supply of homes at the current sales pace. Historically, a 6-month supply is necessary for a ‘normal’ or ‘neutral’ market in

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San-Antonio-housing-Market

What Do Experts See on the Horizon for the Second Half of the Year?

As we move into the latter half of the year, questions about what’s to come are top of mind for buyers and sellers. Near record-low mortgage rates coupled with rising home price appreciation kicked off a robust housing market in the first half of 2021, but what does the forecast tell us about what’s on the horizon? Mortgage Rates Will Likely Increase, but Remain Low Many experts are projecting a rise in interest rates. The latest Quarterly Forecast from Freddie Mac states: “We forecast that mortgage rates will continue to rise through the end of next year. We estimate the 30-year fixed mortgage rate will average

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family-in-living-room

Don’t Wait to Sell Your House

San Antonio is in the ultimate sellers’ market right now. If you’re a homeowner thinking about selling, you have a huge advantage in today’s housing market. High buyer demand paired with very few houses for sale makes this the optimal time to sell for those who are ready to do so. Whatever the move you want to make looks like, here’s an overview of what’s creating the prime opportunity to sell this summer. High Buyer Demand Demand is strong, and buyers are actively searching for homes to purchase. In the Realtors Confidence Index Survey published monthly by the National Association of Realtors (NAR), buyer

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