San Antonio Real Estate News

MAY HOUSING SALES LEAD INTO A STRONG SUMMER WITH A 27% RISE

Property Management Blog
SAN ANTONIO (June 15, 2021) – San Antonio and its surrounding areas experienced a 27 percent rise in home sales year-over-year, for the second month in a row, according to data provided by the San Antonio Board of REALTORS® (SABOR), reporting on all areas contained within the MLS. In May a total of 3,669 home... read more >>

Rents for single-family homes just saw the largest gains in nearly 15 years

Property Management Blog
June 15, 2021 by Diana Olick / CNBCKEY POINTSSingle-family rents were up 5.3% year over year in April, rising from a 2.4% increase in April 2020, according to CoreLogic.That is the largest annual gain in nearly 15 years. Regionally, by top 20 metropolitan markets, rent gains were highest in PhoenixEven as the coronavirus pa... read more >>

SAN ANTONIO’S APRIL HOME SALES GAIN SPEED BY 27% AS SUMMER BEGINS

Property Management Blog
Home sales rise 27% according to San Antonio Board of REALTORS® 2021 Housing Trends SAN ANTONIO (May 17, 2021) – San Antonio and its surrounding areas experienced a 27 percent jump in April home sales year-over-year, according to data provided by the San Antonio Board of REALTORS® (SABOR) which reports on... read more >>

NAR Issue Brief: FinCEN Renews Geographic Targeting Order

Property Management Blog
April 30, 2021 by NAR Issue Brief (National Association of REALTORS®)The Financial Crimes Enforcement Network (FinCEN), one of the U.S. Treasury’s leading agencies in the fight against money laundering and financing of terrorism, has renewed the Geographic Targeting Order (GTO) that imposes data collection and reportin... read more >>

Mortgage Rates Fell This Week Below 3%

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Mortgage rates fell this week below 3%, following the downward trend of the 10-year Treasury yield. Freddie Mac reported today that the average rate on the 30-year fixed rate home loan fell to 2.97% from 3.04% the previous week. Although the economy is gaining momentum, the 10-year Treasury yield is declining as the expectations... read more >>

THERE ARE 40% FEWER HOMES ON THE MARKET THAN LAST YEAR

Property Management Blog
Apr 5, 2021 by Ayelet Sheffey / Businessinsider.comThere are 40% fewer homes on the market than last year, a report by Black Knight finds. Housing prices have steadily climbed through the pandemic, and supply keeps dropping. Experts worry that increased housing prices are putting homeownership out of reach for many.Housing price... read more >>

U.S. Home Prices Rise at Fastest Pace in 15 Years

Property Management Blog
March 30, 2021 by Nicole Friedman / The Wall Street JournalU.S. home prices are rising at the fastest pace in 15 years, reflecting how fiercely buyers are competing for a limited supply of homes in nearly every corner of the country.From small cities like Bridgeport, Conn., to large ones like Seattle, prices have been steadily m... read more >>

WHY IS THERE A SHORTAGE OF HOMES FOR SALE?

Property Management Blog
March 17, 2021 by Apex Home LoansIn our current housing market, it seems difficult to find your dream home to buy. Before the health crisis hit us over a year ago, there was already a shortage of homes for sale. Many homeowners delayed their plans to sell at the same time while more buyers aimed to take advantage of record-low m... read more >>
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