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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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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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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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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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Home-buying-affordable

Buying a Home is Still Affordable

The last year has put emphasis on the importance of one’s home. As a result, some renters are making the jump into homeownership while some homeowners are re-evaluating their current house and considering a move to one that better fits their current lifestyle. Understanding how housing affordability works and the main market factors that impact it may help those who are ready to buy a home narrow down the optimal window of time in which to make a purchase. There are three main factors that go into determining how affordable homes are for buyers: Mortgage Rates Mortgage Payments as a

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Why Waiting to Buy a Home Could Cost You a Small Fortune

Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing that their current home no longer fits their changing needs. To determine if they should buy now or wait another year, they both need to ask two simple questions: Do I think home values will be higher a year from now? Do I think mortgage rates will be higher a year from now? Let’s shed some

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San Antonio-Real-Estate-Market-

Is the Real Estate Market Going to Crash?

While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last? When COVID-related shutdowns began in March, real estate brokers and clients scrambled to respond to the shift. Record-low interest rates caused some lenders to call a halt to new underwriting, and homeowners debated whether or not to put their houses on the market. However, those first days of uncertainty ushered in a period of unprecedented demand in the U.S. real estate market, which ended the year with increasing average home prices (up 13.4% from the previous year) and shrinking

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