When’s The Best Time to Buy a House in San Antonio?

Deciding to purchase a house in San Antonio is a massive undertaking that cannot be taken lightly.

• First, you need to be financially prepared as houses are quite expensive, and you need to save enough for the down payment before looking for other financial alternatives.

• Secondly, you would want to buy a house that will make your life smooth and comfortable. You and your family will be spending most of your time in the house, and that’s why it should have everything that you need. You should always be proud of this investment.

Location and Price

The house should be located at a place where you can access essential amenity services such as schools, roads, and shopping centers. When it comes to price, you don’t want to buy a house that has a reasonable price tag. The cost of buying shouldn’t cripple your financial status. Although it might sound outrageous, time is one of the factors that determine the overall price of a house.

Did you know that the price of a house can differ by a significant margin within a few months?

The real estate market is quite volatile, and the cost of properties keeps fluctuating throughout the year. They can either go up or come downwards. It is obvious that as a potential home buyer, you want to save some good money when purchasing a house. One way of doing this is by buying a property at the time when the prices are low.

So, when is the most appropriate time to buy a house in San Antonio?

The best time to buy a property in San Antonio depends on several external factors which include weather patterns, projected buyer behavior and the rate of construction. The occurrence of natural disaster can also help you decide on the time that you should buy home. If these factors remain constant, real estate analysts have predicted the most appropriate time to buy a property in San Antonio. In most cases, their statistics are carried out by observing and analyzing the buying and selling trend from the beginning of the year. The statistics that they gather help them to make wise decisions.

Cooler Months

Most real estate experts agree that the best time to buy a home is during the cold months. This is because most prospective homeowners tend to develop more interest in owning properties
during hot months. This is proven by a report that was published by realtor.com stating that the rate of sales is directly proportional to the temperature; the higher the temperatures, the more the sales. The research went ahead to reveal that at least 50% of the total sales take place during summer.

So, what does this mean to a potential property owner?

Higher number of sales means that more buyers are competing for the limited houses that are available in the market. Going by the law of demand and supply, an increase in demand ultimately leads to a rise in the price of houses. The situation can be worsened by the bidding wars among the buyers. As nature dictates, sellers will definitely sell their homes to the highest bidders. You don’t want to go through this no matter how good the property might be or how much money that you have. The situation can strain both your finances and deny you peace of mind.

Savvy buyers keep off the real estate market during the months between August to the end of the year and save that money until January when fewer people are venturing out to buy properties. This means that you have high chances of getting your dream house during colder months than in summer.

Given that there’s little competition among buyers, you can take your time to scout for the best deals in San Antonio and choose one that impresses you without worrying about stiff competition. According to the report published by realtor.com, the prices of houses tend to be lower as January approaches. This means that most home buyers get lucrative offers during November going all the way to December.

Type of Home

It is important to note that the type of a house can affect its price even during winter. According to the report, it was noted that many small and single homes are sold during winter. The number is way higher than larger family homes. This property behavior is linked to the public education cycle as it usually affects homeowners who have school-going children. The high demand for small homes means that you can’t be sure of lower prices even during winter. To capitalize on the effects of the education cycle, sellers with large family houses put their property up for sale during summer.

Such houses tend to attract high price tags. High home sales are also recorded between April and August. Most families don’t want to cause a major interruption in the lifestyle of their kids as such months provide a perfect time for children to choose new schools and even friends.

Real estate experts agree that sellers who list houses during winter are always open to low price tags, hence their houses may be quite affordable.

Sometimes such sellers are deemed to be desperate. In fact, most real estate agents usually advise homeowners to pull down their houses from the market during such periods and wait till the prices go up.  Buyers can get friendly prices for such houses. The only downside is that you will have limited choices since only a few houses are listed. It is clear that before you buy a house in San Antonio, you need to be extra vigilant about timing.

Perfect Timing

Waiting for the perfect time can help you bag the best deal for your next house. Buying when the sales are high means that you will have an opportunity to survey plenty of listed homes. However, you will deal with a higher price tag as compared to seasons that experience low sales.

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"We have worked hard to follow through on every transaction. We're not perfect, but we strive to acheive excellence." - Owner

Jeffrey Fuentes
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These group of investors were really knowledgeable and helpful in getting our property sold with no hassle. Thank you Jill and Edgar for all your help in making this a quick and hassle free process. We appreciate you were always available to take our calls and that y’all were very professional.
Rebekah Hastings
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We sold our home with this company and were overall pleased with the process and outcome. The process can be a bit of an emotional roller-coaster (this is primarily due to the nature of the market, not a fault of the company), but Edgar and his team did their best to make it as straight-forward and stress-free as possible. Be prepared to show your home to potential investors and marketers, and be aware that you will probably not receive market value for your home. But if you need to sell your home quickly and don't have the available cash to cover repairs and closing costs, this is the best route to go. We closed within 30 days of having reached out to House Buyer San Antonio, and the funds were transferred to us within 24 hours of closing.
Jennifer McKenzie
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Edgar was very professional with great communication skills. He made the transaction run very smooth as it was a stressful time moving our mother out of her home and into a nursing home.
Maria Gonzalez
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This company made the process of selling my home an extremely pleasant experience. I was very impressed and satisfied with the whole process. Thank you, Maria Gonzalez
Rick Comacho
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Sal and the team were great. I was selling a house for my mom, and I was 1000 miles away. I made arrangements to meet several companies and Sal was the most prompt with returning calls and texts. Very important when you need to move quickly. He made an offer that worked and we got the house sold quickly. Selling a home is stressful and there was still stress, but it was mitigated by Sal's flexibility. God is good. Rick.
Ken Fries
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Right from the get go response time was awesome. I filled out the information on the web site and received a response from somebody with in hrs. Sal took over and has help get us through the pain of selling my childhood home with ease. Gave us a excellent offer. Would recommend him to all that are trying to sell a home.

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