Many people take what they hear from clickbait headlines or regurgitate lines from an “article” (who are we kidding, it was probably a clip from TikTok..) and take it as fact.Not you, though!You are something that many others aren’t…. INFORMED. At least when it comes to the Real Estate Market in San Antonio.So what IS actually happening in the San Antonio Real Estate Market?I’m so glad you asked! Everything that happened in the 2022 San Antonio Housing Market was driven by mortgage interest rates. As rates rose over the summer, we saw the number of active buyers looking for a home dwindle. When the conditions of buying a home were what they were in the spring, (over asking price offers, waiving inspections, no room to negotiate) the thought of continuing that AND their monthly payment increasing with rising interest rates was a good reason for many people to hold off on buying a home. Now that the dust is settling around some of the most contentious times in recent history, we can see some silver linings of higher interest rates. ✅ Less home buyers in the market means more leverage to negotiate. When you find the home you want to purchase and we start writing your offer, it’s going to look a lot different that last spring. Are we offering the asking price? Maybe.. Are we asking the seller to pay a considerable amount towards your closing costs? Yep… Are we negotiating repairs, concessions and non-real estate items like furniture or lawn mowers into your offer? YOU BET!The power is finally back in your hands to put in the offer that you want on the home that you want without feeling like if you don’t heed to the seller’s every whim you’ll lose out on the house of your dreams.. ✅ Home Sellers are willing to do the negotiating! Below is a graph showing San Antonio home sales prices continuing to rise even through the drop in demand.👉🏻 Aug. Sep. & Oct Median Sales Price $300K👉🏻 November $302,500. Homeowners who have owned their home for more than a couple of years have more equity to be able to negotiate those things. We are seeing seller’s still able to sell their home for much more than it was worth 2-3 years ago while still being able to help buyers with the requests in today’s offers like below asking price offers, helping with closing costs and *rate buy downs*. We are back on our way to a more stable and balanced market. Below is a front row seat to just how low the supply of homes was this past year. When supply is so low and demand is so high like it was with low mortgage rates, thats when prices skyrocket. As more homes come on the market faster than people are choosing to buy them, this helps the market get back to those stable numbers we like to see. Buyer’s have more homes to choose from and more power to negotiate. Home values will continue to appreciate, just at a much slower rate.We’re headed in the right direction..   Are you curious?Do you want to know how much your home could sell for in today’s market? Click HERE to request a digital property valuation to see how much your home could be worth.    I’ll wait for interest rates to come down….You know I’m here for service, not sales. I’m not saying this to push you to buy a home if you don’t want to or you’re not ready.. but we don’t know what will happen to interest rates. If (hopefully when) rates come back down to let’s say the low 5’s… do you think all those people who missed out on buying a home during the frenzy might decide to try it again? Do you think there are also a lot of other people waiting for interest rates to come down? Do you think if interest rates drop and all those buyers come back into the market we will still have the power to negotiate like we do right now? Nope… Flood of buyers means you’re competing against other offers again.. Oh and while you were waiting, home prices continued to go up..You are the only one who can determine if now is a good time for you to buy or sell a home. I’m just here to help you ask yourself the right questions. If you’re on the fence and have some questions about if this is a good time for you to buy a home, CLick here to book a time for us to discuss whether it is a good time for you to buy a home. I’m here to help. A Message For 100% Disabled VeteransHere’s a GOLDEN lining to the silver lining…You, my friend are in the BEST position to buy a home right now.. As a 100% disabled veteran in Texas you do not pay any property taxes. So in a time where many home buyers are realizing they aren’t able to afford the home that they could with a lower interest rate, you have the most options as a buyer!As a 100% DV you are able to choose between having a payment that is much lower on the same house because there is no tax portion of your mortgage payment OR you can actually afford more home than a similar home buyer that is not property tax exempt. Now, compound that with the lack of competition of other buyers, this is the BEST time you’re going to see for you to get the best deal on the home you want before the competition comes back.Do you have more questions on this? As a disabled veteran myself I feel uniquely qualified to have an informed discussion about your benefits and how they can help you own a piece of the land you signed a blank check to defend.The majority of the people that I have the pleasure to serve as their agent have connected through family or friends. Do you know someone that could use a very cool, smart, problem solving, kinda nerdy about work, real estate agent?Below is my digital business card. Long press on it, save it to your photos and whenever you need to tell your friend “I know the BEST Realtor!” You can send them that picture and they’ll have all my info.       

New Braunfels Housing Statistics          Months Of Supply of Homes In New Braunfels TX          New Listings Hitting The Market In New Braunfels TX            Average Price Per Square Foot in New Braunfels TX          Average Days on Market for New Braunfels TX

Months Of Supply of HomesNew Listings Hitting The Market Price Per Square Foot  Average Days On Market 

Below are real time statistics of the San Antonio Real Estate Market