Single family home rents are up 2.1% while single family home prices are up 5.5% Y-o-Y in San Antonio.

Asked by Trulia San Antonio, San Antonio, TX Fri Apr 5, 2013

Do these numbers reflect what you are seeing in your own neighborhood in San Antonio?

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Priscilla Al…, Agent, San Antonio, TX
Sat Apr 6, 2013
Absolutely! I am receiving multiple offers on my listings and an abundance of new buyers ready to buy! But, I feel the values in home pricing have not gone up too much, but the Days on the Market are definitely declining. It is becoming a seller’s market, but still an awesome time for buy for a buyer with interest rates still at an all-time low!
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Jason Campbe…, Agent, San Antonio, TX
Fri Apr 5, 2013
Yes... the buyer's honeymoon is rapidly coming to a close. I preached it for the past 2 years like a crazy man screaming from a mountaintop..

The market is rapidly shifting into a seller's market and all indications point to interest rates headed up. Bad news for buyers... Great news for Sellers.

For those who are sitting on their thumbs and waiting on buying a home for any reason.. you will regret that heavily very soon.

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