San Antonio Housing 2017 And Beyond

Dated: 01/12/2017

Views: 322

Image title


As we move into 2017, I thought it would be a good time to research factors and trends that will have an impact on housing this year…and beyond.

First of all, we will be seeing moderately rising interest rates.  The key word is RISING…You are better off buying sooner rather than later and locking in that lower rate.

Experts see a low risk of a housing crash for most major cities…Certainly not in San Antonio with a tight market, lower home prices than other major cities in Texas and continuing population growth.

Millennials are coming into their main home buying years.  Something can be said about the fact that they are carrying large amounts of student debt, have little in savings and prefer spending money on just living rather than housing, but the fact of the matter is that over 33% of this demographic will be buying homes this year.

There will be a trend toward government deregulation, repatriating jobs from overseas and “draining the swamp”…all trends that bode well for housing.

This, the longest positive business cycle in history, is expected to continue through 2020.  We are flirting with Dow 20,000, after all.

My “boots on the ground” outlook for San Antonio is a slight moderation of housing price increases, a continued tight housing market, buyers showing a strong preference for “move-in ready” homes with updated styling and buyers placing a premium on location that will minimize their commuting time/distance.

Blog author image

Eric And Susy Matheu

Eric Matheu - (210) 837-0903 Susy Matheu - (210) 417-5239 - CRS, GRI, MRP, MCNE

RealSatisfied

The Matheu Team eXp Realty 13310 Ox....

Latest Blog Posts

You DO NOT Need 20% Down to Buy Your Home NOW!

The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify

Read More

Sell Your Home This Summer

Selling your home can be no easy feat, especially during the hot summer months. However, there are a number of reasons that this summer could be the best time to put your house on the market. In

Read More

Getting Pre-Approved Should Always Be Your First Step

In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where

Read More

5 Negotiating Tactics That Kill A Deal

                        5 NEGOTIATING TACTICS THAT KILL A SALENegotiation is a subtle art in real estate, but skilled negotiators can

Read More