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14
Jul
Real Estate

July Market Stats

Robert J. Ott
July 14, 2020

The market slowed down a bit after the 4th of July weekend. Interest rates are still at an all time low and quality homes are flying off the market. I anticipate the housing market for July to be as red hot as our current San Antonio weather. ☀️🔥 We are seeing that most buyers when submitting an offer are competing against multiple offers. While you need to have patience in the macro, you need speed in the micro. When you see that home that you really like, your best offer needs to be submitted that day. I usually tell my clients, you have an option period for a reason. In the current July market to compete, speed is super important.

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