Over the past few months, several REALTORS have told me that the current real estate market is not like the one they have seen before. In many cities, low inventories, bidding wars and skyrocketing house prices have become the norm. No one knows exactly how long this will continue, but many in the industry say they see signs that the trend may end soon. According to the latest figures from the REALTORS® San Antonio Council, a total of 4,024 homes were sold in and around San Antonio in June, up from 3,885 in July. While home sales were down slightly, realtor Tyson Kline, representing luxury clients in San Antonio, Houston and the Woodlands, said those markets remain hot.
Kline is the founder and leader of The Group, a leading luxury real estate team with Real Brokerage. He’s no stranger to the industry, and the Louisiana native has owned a residential and commercial building company for over 40 years. The former mortgage lender started selling properties in 2014. He holds several titles, including Certified Luxury Homes Marketer, Certified Home Marketer, and the Texas Realtor Leadership Program. Tyson recently shared his thoughts on the current luxury real estate market in San Antonio, which he says starts at $ 600,000.