San Antonio Housing Market Report Year-End & December 2022

New markets require new approaches and tactics. Working with a trusted real estate expert in your local area will help you make an informed decision for your future.

Now is the time of year when housing industry experts analyze market data to forecast what’s to come. We’ve rounded up a few of the most important predictions for you to consider below, but before we get to it, let’s talk about how we finished 2022.

Median home prices peaked in June and declined by 6% through December. The year ended with slight increases in average and median prices for a home in San Antonio at $379,000 and $324,000, respectively, according to the San Antonio Board of REALTORS®. Despite this increase, the housing market continued shifting towards buyers as home…

3 Things Homebuyers Need to Know

New markets require new approaches and tactics. Working with a trusted real estate expert in your local area will help you make an informed decision for your future. 

Is now a good time for you to buy a home? The answer is “maybe” until you know all your options. Different motivators create the need to move for every individual or family. Don’t be fearful of fluctuating mortgage rates to put off your needs or what is important to you and your family. A trusted real estate advisor can help you navigate the market. There are many unique options, including affordability resources and creative financing, to help you move forward with confidence. The affordability challenge is real, but we’re here to help.

1. You can “buy down” a mortgage rate

High…