San Antonio’s Housing Market: Crash or Soft Landing?

Google searches related to the phrase “housing market crash” are up dramatically. People can sense the market is moving, and it is. Demand has plateaued as fewer homes are going under contract and closing. This shift indicates we are moving toward a more ‘normal’ market. If demand doesn’t return soon, we may head into a strong buyer’s market. 

Here are some of the metrics we are tracking:

  • Mortgage and inflation rates started to ease in July 
  • We are rapidly shifting from a strong seller’s market toward a more balanced market
  • Multiple offers are less common, but homes that are priced right are still selling quickly
  • Price reductions are slowing as sellers get more serious about pricing competitively 
  • On average, homes sold for less than their…
Austin’s Housing Market: Crash or Soft Landing?

Google searches related to the phrase “housing market crash” are up dramatically. People can sense the market is moving, and it is. Demand has plateaued as fewer homes are going under contract and closing. This shift indicates we are moving toward a more ‘normal’ market. If demand doesn’t return soon, we may head into a strong buyer’s market. 

Here are some of the metrics we are tracking:

  • Mortgage and inflation rates started to ease in July 
  • We are rapidly shifting from a strong seller’s market toward a more balanced market
  • Multiple offers are less common, but homes that are priced right are still selling quickly
  • Price reductions are slowing as sellers get more serious about pricing competitively 
  • On average, homes sold below list…
Understanding Mortgage Financing Options

The traditional fixed-rate mortgage isn’t the only home loan option available to people looking to buy a home in Austin. In fact, there are many types of home loans in Texas. We spoke to a few financial experts about the differences between fixed vs. adjustable rate mortgages, as well as a variety of creative ways to finance a home. Keep reading for more insight. 

What are the different types of home loans?

When it comes time to start your home search, you'll want to know the best financing option for you so you know how much home you can afford before beginning your search. Finding a home is exciting, and the process of deciding on what loan type to get or what company to go with can go much smoother if you’ve done some research. 

There are a few…