Posts Tagged ‘home buying’

Mortgage Rates Took a Dip

Tuesday, July 17th, 2018

Mortgage rates declined for the month of June, giving some breathing room to first-time home. Freddie Mac reported for the week ending July 5, the average interest rate on a 30-year fixed-rate mortgage was 4.52% compared with 4.55% in the week earlier. The mortgage rate on a 15-year fixed-rate mortgage was 3.99%, down from 4.04%. […]

San Antonio Housing Market Sizzled in 2016

Thursday, January 14th, 2016

The San Antonio housing market sizzled in 2016.  We broke the 2006 record for number of sales in a single year. 27,154 homes sold in 2015. All reports indicate 2016 will be just as strong and maybe stronger than 2015. The 2015 job growth rate in San Antonio was 3.6% or 35,000 jobs. However, with the […]

It’s Still a Seller’s Market

Wednesday, March 18th, 2015

Wow – compare this spring to the spring of 2014!  It is still a seller’s market – but even brisker than last year.  Last Friday afternoon we put a house on the market priced just a little above the median price (approximately $188,000) at $215,000 in a Stone Oak subdivision.  On Saturday, we had so […]

What to Expect – Part 2

Wednesday, June 11th, 2014

We continue the series – what to expect when making an offer.  Let’s talk about the The Deal. You may get all kinds of advice from family and friends about the best deal – especially, the buyers that purchased in the buyers market a few years ago.  Back then you could make an offer below […]

What to Expect When Making an Offer

Tuesday, June 10th, 2014

Contrary to what you see on reality television, you will probably see more than three houses before finding the one you want to make an offer on.  In addition, you will have to get through the inspection period, the appraisal, the mortgage underwriting process, title commitment, etc. before you pick up the keys and move […]