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Planning to Buy a Home in Texas this Summer?

By
Real Estate Agent with Brown Realty, 210-789-4216, TREC #0492321

If you're thinking about buying a home in Texas this summer, especially in the major metropolitan areas like San Antonio, Austin, Dallas or Houston, TX, you should hire a Texas REALTOR® as soon as possible. Why you ask? The summer months have always been the most busiest, and with only 3 months of inventory available, it's sure to be a very competitive market for all buyers. So, why not call Jerry today at 210-789-4216. I would love to represent you, and assist you in finding your next home.

The latest news from the Texas Quarterly Housing Report shows that the monthly housing inventory has continued to drop, and is now at an all time low of 3.1 months, which is a decrease of 8.82 percent from this same time last year. Summers are already a popular home buying season, and many of our major markets in Texas will experience high demand. So you'll need to be prepared to move quickly whenever you find a property you love. Get pre-approval ahead of time, and start working with a Your Texas REALTOR® in San Antonio this spring. You'll be well prepared and glad you did.

As Your Texas REALTOR®,  I can help you determine what kind of property you're looking for, how much you can afford, negotiate terms of the offer, and other factors that will help you be ready to make quick decisions. Many of our first time homebuyers, will need extra help due to our current "Hot Market". If you need "Down Payment Assistance", or closing costs support, check with your lender for other sources thay may help you with these funds. Asking the sellers for to many concessions will cause you to miss out of your next home, since you're almost guaranteed to be in bidding war with other buyers. Dr Gaines, economist at Texas A & M University, has stated that, "Interest rates are still low, but tight lending standards, rising home prices, and slim inventory have created a tough market for first-time homebuyers".

 Homes For Sale in San Antonio

Start now with your Texas REALTOR®, and search for Homes For Sale in San Antonio on my website. Many military personal and civilians are relocating to our lovely city this summer, and you'll want to have someone to represent you, and look out for your interest if you're planning to purchase a home in
Texas this summer. Get your FREE copy of our Military Relcoation Guide to San Antonio, and call Jerry at 210-789-4216.

 

 

Comments(6)

Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Wow just three months of inventory?  I can't even imagine our inventory being that low.  I would guess getting listings is mega important in that market.

May 01, 2015 12:19 PM
Teral McDowell
Referral Patners LLC - Murphy, TX

And nearly an 8% increase in the median price of homes in Texas over last year sure makes sense to have Jerry Newman at your side when buying a home in San Antonio.

May 01, 2015 01:55 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Inventory down, prices up, multiple offers -- a crazy market here in Charlotte, as well, Jerry.

May 01, 2015 11:18 PM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Yes, Tammy. I have been letting sellers know that now is a great time to get their homes on the market.

May 02, 2015 01:33 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Thanks for the shout out Teral McDowell it's a touch market out there for any buyers.

May 02, 2015 01:36 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Nice to hear your market in Charlotte is also doing well, Nina.

May 02, 2015 09:44 AM