San Antonio Housing Market Report August 2023

In the ever-evolving San Antonio housing market, staying up-to-date with the latest trends and market conditions is crucial for both buyers and sellers. By partnering with experienced agents and understanding the data, you can make informed decisions that align with your goals.

 

The real estate market in San Antonio is showing signs of resiliency in spite of a 4% year-over-year decrease in closed sales, according to the San Antonio Board of REALTORS® (SABoR) August 2023 Housing Market Report. The region also witnessed a 2% month-over-month increase in closed sales, indicating continued buyer confidence. Housing inventory is gradually improving, with a year-over-year increase of 1 month and a slight month-over-month increase of 0.1 months, now at…

Austin Housing Market Report August 2023

In the ever-evolving Austin housing market, staying up-to-date with the latest trends and market conditions is crucial for both buyers and sellers. By partnering with experienced agents and understanding the data, you can make informed decisions for your future.

 

The real estate market in Austin is showing new signs of buyer confidence with a 1.4% increase in closed sales, the largest increase since February of 2022 according to the Austin Board of REALTORS® (ABoR) August 2023 Central Texas Housing Market Report. The region also witnessed an 8.8% month-over-month increase in closed sales, indicating robust buyer optimism. Housing inventory is gradually improving, with a year-over-year increase of 1 month and a slight month-over-month increase of…

Fostering Affordable Housing and Community Empowerment | The Front Porch Podcast with Gabe Richter | Episode 4 | Yvette Flores

In this episode of The Front Porch Podcast, host Gabe Richter, CEO of Realty Austin | Realty San Antonio joins Yvette Flores, Co-Founder of Realty Austin | Realty San Antonio and Austin Habitat for Humanity Board Chairwoman and past Chair of Foundation Communities, as she shares her incredible journey in fostering a culture of giving back within our communities. Yvette's passion for addressing housing affordability has driven substantial growth for organizations making a difference in Central Texas, including Austin Habitat for Humanity, San Antonio Habitat for Humanity, Foundation Communities, Community First! Village, Operation Homefront.

Realty Austin and Realty San Antonio have made a significant commitment to giving back, with agents…

Realty Austin’s Guide to Touring and Assessing Properties

Buying a new home involves exploring various properties, envisioning your future, and ultimately finding the place you'll call home. When it comes to touring properties, there are several important factors to consider that can greatly influence your decision-making process. Here's a comprehensive guide to ensure you make the most out of your property tours.

 

Be Mindful of Surveillance

In the age of advanced technology, it's important to recognize that the properties you tour might be equipped with surveillance systems. While it's natural to want to share your thoughts and impressions in real time, saving your comments is advisable until you're off the premises. Assume that you're being recorded during the tour, and refrain from discussing your…

Realty San Antonio’s Guide to Touring and Assessing Properties

Buying a new home involves exploring various properties, envisioning your future, and ultimately finding the place you'll call home. When it comes to touring properties, there are several important factors to consider that can greatly influence your decision-making process. Here's a comprehensive guide to ensure you make the most out of your property tours.

 

Be Mindful of Surveillance

In the age of advanced technology, it's important to recognize that the properties you tour might be equipped with surveillance systems. While it's natural to want to share your thoughts and impressions in real time, saving your comments is advisable until you're off the premises. Assume that you're being recorded during the tour, and refrain from discussing your…

The Best Hispanic-owned Restaurants in San Antonio

The Fruteria

Chef Johnny Hernandez, the visionary behind The Fruteria-Botanero, is celebrated for his innovative interpretation of traditional Mexican flavors. As the president of Grupo La Gloria and True Flavors Inc., he's a leading authority on Mexican cuisine and culture. His culinary journey began with the acclaimed La Gloria in 2010 and has since evolved into a diverse portfolio of signature restaurants and culinary projects. Born into a Mexican-American community, Hernandez's culinary path led him to the Culinary Institute of America in New York. After honing his skills at exclusive resort destinations, he returned to San Antonio in 1994, launching True Flavors Catering and earning national recognition. Influenced by extensive travels throughout…

San Antonio & South Texas Development | The Front Porch Podcast with Gabe Richter | Episode 3 | Rebecca Viagran

In this episode of The Front Porch Podcast, host Gabe Richter, CEO of Realty Austin | Realty San Antonio delves into the dynamic landscape of South Texas and its thriving business environment with Rebecca Viagran, CEO of the South Texas Business Partnership.

Together, they explore the keys to economic growth, uncovering innovative strategies that are fueling South Texas's transformation into a business powerhouse. They also shine a spotlight on the region's remarkable workforce development initiatives, shedding light on the opportunities for professionals and entrepreneurs alike.

 

But that's not all - Rebecca Viagran and Gabe Richter delve into the critical role of small businesses in shaping the region's economic future. They discuss how…

How to File for Your Homestead Exemption

If you’re thinking a homestead is just a fancy way of saying house, you’re partially right. This exemption is a way to give homeowners that qualify a tax break. Though the exemption process might seem complicated, it’s definitely worth your while to file. 

WHAT IS A HOMESTEAD EXEMPTION

A homestead exemption is a tax exemption for your property, and it works by lowering your taxable amount. Say you have a home that is worth $300,000, and you qualify for a $20,000 homestead exemption. This makes it so that you’re only paying taxes on your property as if it were worth $280,000. By removing part of your home’s value from taxation, you potentially save thousands of dollars a year.

A homestead can be a separate structure, condominium, or a manufactured…