San Antonio, Texas Real Estate

By
Real Estate Agent with Downing-Frye Realty, Inc.

Everyone seems to notice that most of the nation's real estate markets are stuck in a slump. At the same time, we continue to see reports that say that San Antonio's residential real estate market showed it's third best year ever in 2007. The local economy and military community have shown stability and growth as well.

The real estate inventory in 2008 is higher with slower sales, with more homes on the market. Although it seems like people keep hearing about how bad the timing is to buy, certainly it is no secret that now we are seeing a buyers market... Interest rates have come down lately to around 5.5% for a 30 year fixed rate, and still people are holding off- missing their opportunity.

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