Fountains of Youth: The 10 Places Where Americans Live the LongestBy Lance Lambert | Jun 18, 2018 sestevens/iStock; bjdlzx/iStock; realtor.comMost mornings, Margarita Dreyer;
Why San Antonio Housing Is Booming
Real estate in San Antonio, TX is looking good and still going strong! As one of the fastest growing cities in the nation, San Antonioâ€™s housing market is on fire, with home sales continuing to rise. According to information compiled by the San Antonia Board of Realtors, sales in the region actually registered in double-digit gains, which can only mean one thing: nowâ€™s the time to sell your home.
Texasâ€™ real estate and housing market has actually been making headlines and Forbes identified San Antonio as a top cities and one of the fastest growing areas in the nation. Thatâ€™s because the city has lots to offer like low cost of living, high quality of life and a rich local economy.
The city is still experiencing and reaping the benefits of a sellerâ€™s market and because of that, thereâ€™s not a lot of inventory left! And with so little stock out there, homebuyers are fighting over properties, which means more money for sellers.
According realtors, the city's low inventory is making it more difficult to find the perfect home. This means that buyers need to constantly be on the look out for new properties and have to be aggressive with their offers. With so much competition, you have triple the eyes looking at the same property you want!
Days that houses sit on the market have dropped significantly, which speaks volumes of how well the local economy is in San Antonio, as well as Texas as a whole. According to a Metrostudy Report, San Antonioâ€™s new home market is the best it has seen in the past seven years. New home closing were the best since 2008 and the regionâ€™s housing market had its highest level of single-family homes since 2007.
While the number of homes that had a selling price between $200,000 and $500,000 saw a huge increase, there was a slight increase of houses that sold for more than $500,000. eXp prides itself on having a devoted team of agents that provide clients with outstanding customer service and cutting edge real estate knowledge to help them sell their home for top dollar and find the home of their dreams.
Let us know how we can serve you!
Latest Blog Posts
9846 Great Basin San Antonio, TX 78251This gorgeous single-story home in gated Stonegate Hill is TURN KEY! Featuring sleek floors, open floor plan, and designer paint colors. The home has been
According to the National Association of Realtors, staging a home prior to listing it can result in a faster and more profitable sale.1 In fact, the Real Estate Staging Association estimates that