Take advantage of the current real estate market and make a move soon.
Did you know that more home closings happen right before Memorial Day than at any other time of the year? If you're wondering whether you've missed the chance to sell your house this summer, fear not. Today, we'll address some common questions about the current real estate market and shed light on the opportune time to make your move.
This year, the housing inventory has expanded, offering more options for buyers. After a period of intense competition, where buyers struggled to find suitable properties, the market is starting to ease in some areas. However, it's worth noting that popular locations still have high demand. Buyers are actively searching for homes, aiming to settle before the start of the school year. So, if you're contemplating selling your house, it's not too late to seize this opportunity.
"It's not too late to sell or buy a house this summer."
Timing is crucial when it comes to selling a house, and the current conditions are favorable. With the abundance of rainfall this year, everything is thriving, including the housing market. Take advantage of the pleasant weather and vibrant surroundings by capturing attractive photos that showcase your property's best features. Now is the time to list your house and attract potential buyers.
Are you considering buying a house? Rest assured; it's a good time to make a purchase. With the increased inventory, buyers have more options to choose from, alleviating the need to overpay for a property. Additionally, if you're concerned about interest rates, there are excellent programs available, such as buy-down options and future refinancing opportunities. These programs provide flexibility and ensure you get the best deal possible.
Many people wonder if they should wait to buy due to the anticipation of declining home prices. However, if you're in San Antonio, you may already know that it has been a hidden gem in Texas. While cities like Dallas, Houston, and Austin experienced soaring prices, San Antonio remained relatively affordable. However, this affordability has changed, and prices have increased, solidifying the market's stability. Unless your property is significantly affected by external factors like noise pollution or undesirable surroundings, you can still expect to receive top dollar for your home.
Contrary to concerns about a potential market crash or housing bubble, the current situation doesn't indicate such a scenario. Home prices remain steady, and there continues to be significant interest from potential buyers. This reassures sellers that the market is stable and their properties are still in demand.
It's not too late to sell or buy a house this summer. Whether you're looking to sell or buy, now is the time to act. Don't miss out on the opportunity to make a move while the real estate market is heating up this summer. If you have any questions, don’t hesitate to reach out to us by phone or email.