What's Happening with the San Antonio Real Estate Market?

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Today, we'll give you an update on the San Antonio real estate market.

Right now, we are in a seller's market. There are about 8,500 homes on the market. That may sound like a lot, but it's actually a very low amount, especially when compared to the 14,000 homes on market in 2011.

In addition to having a significantly lower supply, there is also very high demand for homes in San Antonio. When that happens, home prices go up. If you were thinking of selling, now is a great time to do so!

However, it's a good time for buyers as well. Interest rates are still low, around 4.125%, and they are trending up. As the rates go up, your buying power will change, and you won't be able to afford higher-priced homes like you can now.

If you are interested in buying or selling, or in doing both, please give me a call or send me an email. I'd be happy to help you!