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Showing posts with label san antonio housing market. Show all posts
Showing posts with label san antonio housing market. Show all posts
Buyer's or Seller's Market?
The real answer is - all it all depends! In lower priced homes, there is not enough inventory and a seller's market. In upper end or higher priced homes, there is an excess inventory - more homes available than there are buyers for the homes - or a buyer's market. Right now, there is a dual market depending on the price of the home you are considering. Check out this short video and if we can help you sell your home and or buy a new home, reach out and let's talk about it. https://www.sanantonio.homes
September Housing in a Minute
Pressed for time?
Take a look at the September numbers in just about one minute! When ready to buy or sell, call us at 210-757-0211. Shop first if you like - see homes and properties in San Antonio and the surrounding areas - free - and on your own schedule. No spam ever. https://www.sanantonio.homes/
Take a look at the September numbers in just about one minute! When ready to buy or sell, call us at 210-757-0211. Shop first if you like - see homes and properties in San Antonio and the surrounding areas - free - and on your own schedule. No spam ever. https://www.sanantonio.homes/
Recession Does NOT Equal Housing Crisis
Got to love the media. Ever feel undertones of "the sky is falling" and a need to present it that way? That is how they sell news. The truth is a recession does not mean a housing crisis. Check out the facts. What happens to home prices may surprise you indeed!
August Housing Numbers
In less than a minute you can see what the national housing market looks like in August. For a more detailed look at our own market in San Antonio, checkout our page: https://www.sanantoniorealestate.blog/p/san-antonio-real-estate-market.html
The Housing Market Today
There is actually a GREAT housing market right now! This is such an opportunity for the first timers to jump in or the those folks looking to move on up or retirees looking to regroup - whatever your reason - checkout this video and consider the options that may be right for you! Let's talk about it - it could be golden!
It Is About To Change
Housing Expected To “Spring Forward” With An Inventory Change
You can still beat the rush, but time is growing short! We have been encouraging folks to list their home in order to get ahead of the spring rush - to get listed ahead of the competition. Buyers are out there now. The supply of homes is much lower than needed for the market right now.
It is a great time to get started. Sell your home now and move on to the next adventure! Checkout the inventory of available homes and compare your home to the ones for sale in your market to see what the competition is like: https://sanantonio.homes (hint - good place to check out your next home too!)
You can still beat the rush, but time is growing short! We have been encouraging folks to list their home in order to get ahead of the spring rush - to get listed ahead of the competition. Buyers are out there now. The supply of homes is much lower than needed for the market right now.
It is a great time to get started. Sell your home now and move on to the next adventure! Checkout the inventory of available homes and compare your home to the ones for sale in your market to see what the competition is like: https://sanantonio.homes (hint - good place to check out your next home too!)
Selling During The Holidays
7 Reasons to List Your Home During the Holiday Season
Long before I became a real estate professional, I had always heard that holidays were the wrong time to sell your home. WOW! Talk about being misinformed. Exactly the opposite is true. Given that the misconception is so popular, selling during the holidays gives you a competitive advantage. No matter what time of the year - folks need houses. If many people wait until after the holidays to list, then there are fewer homes available - and less competition!
I have also heard the one about not decorating while your home is on the market - keep it all clean and spacious. Wrong again! If you normally decorate for a holiday - go for it. It makes your "house" seem more like a "home". People expect that in my opinion. If you are worried about things being in the way - remember, you control the showings. If the time is not convenient, reschedule for a time that is. If the buyer is truly motivated, they will adjust. If they are in town for only a day or two, it is up to their agent to let your agent know that - so maybe you want to be just a little bit flexible when necessary.
Remember - if you want to sell seize the moment. There is a seller's market right now. Run with it
Home Sales Slowed by Lack of Listings
As we said above, this is a seller's market. There is simply not enough houses available to meet the demand. If you list now, it would be for a good cause!
Worried about finding a new house? My number one recommendation right now is - order a new one. When you are ready, let's talk about the reasons why
Access is Important in Getting Your House SOLD!
I have a great picture of two wrists in handcuffs that I thought about posting here. Maybe another time - but point made. If you are looking to sell, flexibility is key.
Of course there are some inconveniences but that is part of the process (I have personally bought and sold - I get it). The bottom line is the more restrictions on showing times, the longer it takes to sell
Your House Must Be Sold TWICE
You have heard the story about how much you think your house is worth, how much the tax man thinks your house is worth, and how much the buyer thinks your house is worth? And, don't forget the real estate agent who has an opinion too! But, unless the buyer is paying cash for your home, the BANK is likely to have a say in it as well.
Say you list on the high side - after all, prices are going up - right? Then along comes a buyer who is willing to pay what you want for your home. If they have cash, chances are it will be a nice straightforward transaction and everybody goes on with life. If the buyer has 25% or more down, something along those lines could happen too. BUT - when a buyer has less than that as a down payment, the bank is going to take a close look to make sure they are comfortable making a loan which would be secured by the value of the property. if not, then more money down, a lower price negotiation - or no loan.
So, what do we mean about selling your home twice. You need to sell it to a buyer - and then the bank (or mortgage company). Bottom line is let your real estate professional price it right. And, especially in today's market, if it is not selling, consider a price reduction. Remember, it is costing you money every month to stay there
Long before I became a real estate professional, I had always heard that holidays were the wrong time to sell your home. WOW! Talk about being misinformed. Exactly the opposite is true. Given that the misconception is so popular, selling during the holidays gives you a competitive advantage. No matter what time of the year - folks need houses. If many people wait until after the holidays to list, then there are fewer homes available - and less competition!
I have also heard the one about not decorating while your home is on the market - keep it all clean and spacious. Wrong again! If you normally decorate for a holiday - go for it. It makes your "house" seem more like a "home". People expect that in my opinion. If you are worried about things being in the way - remember, you control the showings. If the time is not convenient, reschedule for a time that is. If the buyer is truly motivated, they will adjust. If they are in town for only a day or two, it is up to their agent to let your agent know that - so maybe you want to be just a little bit flexible when necessary.
Remember - if you want to sell seize the moment. There is a seller's market right now. Run with it
Home Sales Slowed by Lack of Listings
As we said above, this is a seller's market. There is simply not enough houses available to meet the demand. If you list now, it would be for a good cause!
Worried about finding a new house? My number one recommendation right now is - order a new one. When you are ready, let's talk about the reasons why
Access is Important in Getting Your House SOLD!
I have a great picture of two wrists in handcuffs that I thought about posting here. Maybe another time - but point made. If you are looking to sell, flexibility is key.
Of course there are some inconveniences but that is part of the process (I have personally bought and sold - I get it). The bottom line is the more restrictions on showing times, the longer it takes to sell
Your House Must Be Sold TWICE
You have heard the story about how much you think your house is worth, how much the tax man thinks your house is worth, and how much the buyer thinks your house is worth? And, don't forget the real estate agent who has an opinion too! But, unless the buyer is paying cash for your home, the BANK is likely to have a say in it as well.
Say you list on the high side - after all, prices are going up - right? Then along comes a buyer who is willing to pay what you want for your home. If they have cash, chances are it will be a nice straightforward transaction and everybody goes on with life. If the buyer has 25% or more down, something along those lines could happen too. BUT - when a buyer has less than that as a down payment, the bank is going to take a close look to make sure they are comfortable making a loan which would be secured by the value of the property. if not, then more money down, a lower price negotiation - or no loan.
So, what do we mean about selling your home twice. You need to sell it to a buyer - and then the bank (or mortgage company). Bottom line is let your real estate professional price it right. And, especially in today's market, if it is not selling, consider a price reduction. Remember, it is costing you money every month to stay there
Guides for San Antonio Millennials
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A Millennial's Guide to Homeownership
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San Antonio Housing Bubble
Are Home Prices Approaching Bubble Territory? No. After the experience a decade ago, it is understandable that some folks look at prices today with trepidation. A more in depth look at the numbers brings a different conclusion. Housing prices are pretty much where they should be. Have a look at today's article - and in particular the graphs. It is all looking good. And low interest rates make it look even better. We appreciate your sharing this article
5 Reasons to Sell in San Antonio
5 Reasons You Should Sell This Summer. Remember the movie called "Perfect Storm?" We may have that right now in the real estate market. And, just like a perfect storm is not a common occurrence neither is what we are seeing today in real estate. Market demand is strong and supply is low. As a home seller, that means a good price for your current home - but like any other buyer, you will be up against a limited supply of homes to choose from and higher prices on the home you will buy. BUT - waiting will not likely see lower prices on the home you will buy, yet you will probably see higher interest rates down the road. Higher interest means higher payments - or buy less house than you can buy today for the same money. The economics make sense. If you are in the perfect home and you do not need or desire a different home, by all means - stay put! You may even want to check your mortgage rates to make sure you have the best possible financing and repayment opportunity. But, if you are at all considering a move - for whatever your personal reasons - now in a good time to jump into the storm. For more, have a look at today's article
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