Leading SA: Keller Williams Heritage CEO discusses San Antonio Housing Market

  • 📰 ksatnews
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 53%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Jack Hawthorne, CEO of Keller Williams Heritage, joined Leading SA to explain the current local real estate market and the trends.

“So the number of homes sold is absolutely slowing down a little bit. We saw those units drop about 15% year over year. However, we’re also seeing the price of homes still going up year over year, about 12%. So while we’re seeing less homes sold overall, we’re not seeing any of the values go down,” Hawthorne said.

There are a lot of questions in the aftermath of the GDP contracting two quarters in a row; some economists state that it is a technical recession, but here locally. Hawthorne said the market should be safe.In San Antonio, we had such a strong hyper-local market, it’s propped up by a lot of different things that the national economy simply doesn’t have the luxury of having. And so because of that, our market will likely grow a little bit slower than it’s been growing.

With the influx of people moving to the Alamo City and our surrounding areas, what is stopping our area’s home prices from reaching Austin?Austin was designed intentionally to reject growth. And if you look historically, that’s how it was designed. The original founders did not want that to happen. San Antonio is very growth-minded. They want to bring in economy. They want to bring people in and have it a very diverse economy with a lot of different services being offered.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 442. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

San Antonio culinary professionals weigh on FX hit The Bear's depiction of the food businessSix San Antonio foodservice pros give their perspectives on the show's accuracy and what they think the show conveys to viewers outside the industry. SanAntonio SATX SanAntonioTX TheBear TheBearFX SanAntonioFood SanAntonioRestaurants restaurant
Herkunft: SAcurrent - 🏆 607. / 51 Weiterlesen »