Experts believe rate cuts can boost San Antonio's home market, help first-time homebuyers

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Rate Cuts News

San Antonio,Housing Market,Homebuyers

Interest rate cuts are expected to be announced on Wednesday, this comes at a time when San Antonio’s housing market has its highest inventory since 2013.

FILE - Real estate agents leave a home for sale during a broker open house on April 16, 2019, in San Francisco. SAN ANTONIO - Interest rate cuts are expected to be announced on Wednesday, coming at a time when San Antonio’s housing market has its highest inventory since 2013, and home prices are on a downward trend.

According to Spencer Skubik, Associate Broker at Becker Properties, this is good news for anyone looking to buy a home, but even more so for first-time home buyers. We asked if the expected interest rate cuts would cause a buyer frenzy and drive home prices through the roof.

 

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