San Antonio Housing Market: Prices, Trends & Forecasts 2022
The Fed’s latest decision to increase interest rates 75 basis points, the most since 1994, should slow every real estate market in the country, and San Antonio won’t be an exception. Higher rates are expected to lower mortgage applications and temper demand. With fewer buyers expected to be in the market, the San Antonio market may see a decrease in appreciation rates. The San Austin housing market could see a drop in appreciation rate. The increase is expected. The hike is expected to reduce demand. In the meantime, low inventory and low inventory levels will continue to continue to continue to increase prices. At the very least, higher rates will persuade many investors to take action.