San Antonio Real Estate News

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 >>

The Greater San Antonio area had 22% increase in home sales in January 2021 compared to same month in 2020. Also, San Antonio’s Bexar County had 23.1% increase. – the highest percentage increase t

Property Management Blog
SAN ANTONIO (February 16, 2021) – San Antonio and its surrounding communities began January 2021 with a 22 percent increase in home sales compared to January 2020, according to data provided by the San Antonio Board of REALTORS® (SABOR) which reports on all areas contained within the MLS. There were 2,559 homes so... read more >>

Texas ranks seventh for states that Americans are moving to.

Property Management Blog
2020 Migration Report by North American Van LinesWhere are Americans Moving? Americans Are Leaving the Northeast and Midwest in Favor of the Warmer Southeast and SouthwestKey Takeaways from the 2020 Migration ReportPeople are fleeing California for Texas and IdahoIllinois, New York, and New Jersey are the three states with the m... read more >>

The good-news story of 2020 was residential real estate.

Property Management Blog
Here’s how builders and developers fared in 2020 and what’s ahead for this yearThe good-news story of 2020 was residential real estate. With interest rates low and millennials looking to buy, home sales have skyrocketed. Despite a pandemic that shook the economy to its core, the home building industry had i... read more >>

Do You Know How Much Low Mortgage Rates Can Help YOU???

Property Management Blog
[excerpt from a Texas REALTORS® article on February 02, 2021]The average rate for a 30-year fixed-rate mortgage was 2.77% as of January 21, according to Freddie Mac. The average was 3.62% in January 2020 and 4.46% in January 2019,  85 basis points and 169 basis points higher, respectively, than the current rate. A buyer... read more >>

2020 Home Sales Top 38,000 in the Greater San Antonio Area, According to San Antonio Board of REALTORS® 2020 Housing Trends

Property Management Blog
Bexar County Showed Greatest Percentage Increase in Home Sales for the Year of Any other Major County in Texas at 11.2 PercentSAN ANTONIO (January 19, 2021) – San Antonio and its surrounding communities saw increases across all categories for 2020 in its data provided by the San Antonio Board ofREALTORS® (SAB... read more >>
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