Share your wildest real estate experience during the recent housing boom

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SAN ANTONIO – Strong demand, low mortgage rates and soaring home prices have led to some turmoil. Housing market in the United States over the past year.

Specifically, in San Antonio, the median home price increased 19% from June 2020 to June 2021, with the median home price being around $ 345,000.

According to the San Antonio Council of Realtors, the number of days a home is on the list has also dropped sharply from 60 days in June 2020 to about 26 days in June 2021.

Housing prices have risen due to lack of inventory and, according to Freddie Mac, 30-year fixed mortgage rates are at historically low levels.

According to the post Monthly in Texas, real estate agents described “a buying frenzy that challenged models, unleashed record-breaking monetary bidding wars, and overwhelmed middle-class homebuyers who could not compete.”

Announcement

In such a fast growing market, KSAT wants to know what you think. Have you recently bought, sold or rented a home? Are you a realtor or real estate agent with a crazy story from the latest housing boom? We may post your thoughts on our website or include them in our news releases.

On the subject: home sellers in South Africa see an influx of buyers, numerous offers in a highly competitive market.

Copyright 2021, KSAT – All rights reserved.

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