San Antonio Real Estate Trends: Is Now the Right Time to Sell?

Hello, and welcome to the Danny Buys Houses
podcast.

I'm your host, Danny Johnson, owner and founder of
Danny Buys Houses in San Antonio, Texas.

Danny Buys Houses is a cash house buying company
that buys houses as is and super fast.

We've been doing it for 20 years. We've got a good
feel for what the market is always doing here in

San Antonio. I know there's been a lot of change
lately, and you're probably wondering, "What is
the

current real estate market in San Antonio like,
and is now a good time to sell my house?"

Uh, you know, especially if you wanna sell your
house as is and for cash, you're in the right
spot.

Today, we're gonna be digging into San Antonio's
real estate trends, current trends.

And I'm gonna break down what's happening in our
market, and why it's always a good time to sell if
life's

pushing you to move fast.

And we're gonna get to some listener questions
that I received, uh, in this episode as well.

So stick around,

and I will also show you how to get started, uh,
to get a cash offer for your house, if that's what

you're interested in. All right, so let's talk
about the San Antonio housing market.

I've been buying houses here for over 20 years,
and I can tell you, it's shifting.

Back in 2022, we had a red-hot seller's market.

Houses flew off the market within a couple weeks,
sometimes days, and buyers were throwing

offers over asking price like it was a bidding
war,

um, all the time. So it was just, like, super
strong market, uh, you know, interest rates were

really low, and, uh, you know, they were
threatening to be raised, and so everybody was
like,

"I better act now. I better buy a house." And so
it created this market that was super, super great
for

sellers, and, uh, you know, buyers were having to
pay quite a bit to be able to get the houses

that they wanted.

Uh,

so that- that's what was going on then.

So things have changed a little bit though, right,
uh, in the last couple years.

Home appreciation,

uh, rates have gone through the roof.

Values jumped over 50% in some spots from 2018 to
2023.

And, uh, real estate demand was just crazy then
and, you know, it's created,

you know, uh,

a situation where houses

have gotten to be expensive, right? With the
interest rates climbing, you know, they're-
they're higher

now

and the property taxes and insurance rates have
gone up quite a bit, so everybody's monthly

payment on these houses has gone through the roof
and it's created a- a big

cooldown in the market.

All right? So,

you know, right now, as of April 2025, things
have- have cooled dramatically, and

the latest numbers show that homes are sitting on
the market a lot longer, about, uh, I think the
average is,

like, 74 days, up from, like, 59 last year, I
think it was.

Which is quite a big jump, and, you know,
especially being the average.

The median home prices have also changed.

That's down, actually, close to 4% since last
year, um, hovering around

$250,000 for San Antonio, Texas.

And the inventory, you can imagine, is also up.

We've got over 10,000 homes for sale, which is a
huge

25% spike from the pre-pandemic levels, uh, from

COVID. So,

you know, a big part of that, like I talked about,
was interest rates.

They're sticking around 6.7% or so for a 30-year
mortgage,

and buyers are pickier now, and it's definitely
leaning toward a buyer's market.

I'd say we- we're really actually in a buyer's
market.

And so what does that mean for you? You know, if
you're listening,

or- or, I'm sorry, if you're- you're listing the
house traditionally with an agent, you might wait

longer and drop your price to get a buyer and get
the house sold, right?

Market values are softening. Not crashing, just
leveling off.

Uh, Zillow is even predicting a further 1.7% dip
by

mid-2025 of this year.

And, uh,

so you might be asking, "Is it a bad time to sell?

Should I wait?"

You know, if- if you're in a pinch,

I say that, no, it's always a good time to sell,
because if (laughs) you're in a pinch, waiting and
hoping

that things are gonna get better i- is not gonna
happen overnight.

You might be waiting a quite a long time,
actually, for this one, to really, to- to be
getting a lot

better. So let's- let's go ahead and get into that
right now.

And here's the thing. Real estate trends don't
matter as much as- when life hits you hard.

You know, face it. If you're facing foreclosure,
behind on payments, if you inherited a house you
don't

want, or you got a fixer-upper you can't fix,

just waiting, you know, is not gonna solve that
problem.

And I've seen it all, and I'll tell you this: it's
always a good time to sell a house if you need out

fast. Why? Because waiting for the perfect
market's not gonna fix the situation,

uh, but getting cash and moving on from it will.

And so, you know, for example, foreclosure, Texas,
when you're facing foreclosure, we

just did the- an episode, uh, it was the last
episode on the podcast, episode six, about, uh,

avoiding foreclosure. You

know, in Texas,

you know, typically 21 days from the notice of
default to auction, right? You don't have a whole
lot of time.

(laughs) And the market is not gonna improve that
much in that amount of time.

Uh, so you don't have time. You don't have months
to list and pray that- that things work out.

Uh, selling as is to a cash buyer like us at Danny
Buys Houses, you know, is different.

We can close in a week, three days if it's super
urgent.

You get to keep some of your equity, and then, uh,
pay off the bank and dodge that wrecking ball of
the

foreclosure that's coming. So,

uh, you know, maybe you inherited a house.

Uh, we did an episode, episode, uh, five of the
Danny Buys Houses podcast, and maybe

you got a house that you inherited that's full of
junk.

Cleaning it out, fixing it up, dealing with
probate, it's a nightmare. We buy houses as is.

Probate or not, we can help you work through that.

We talk a lot about that in that episode, so if
you wanna find more about that, check out episode
five

of the Danny Buys Houses podcast. And, uh, you can
really move past that.

Just get it sold for cash.

Um,

let's say, you know, I- I wanna share sort of a-
this situation.

So I met a guy last month. Let- let's just call
him Tony to protect his identity.

He inherited a house close to downtown.

Um, it was, a lot of the sewer line needed to be
replaced, there were cracks in the drywall,

uh, and his payments were late.

Uh, he didn't have time for repairs and realtors.

Uh, we checked it out, offered cash, and closed,
uh, before it went to auction.

He walked away with money in hand. That's the
beauty of selling as is.

It's fast, it's certain, and it fits your life and
not the market's mood.

So you're not waiting around for- for everything
to- to kind of fall into place.

You just take care of- of your situation by taking
action and getting some offers.

And we're not saying you have to sell to Danny
Buys Houses, right?

There's a lot of other cash house buyers out
there.

Obviously we'd love if you did, and we can help
you if you wanna call us and just talk to us.

Um, there's no cost for any offers, and no fees,
so why not give us a shot, right?

All right, so let's tackle, at this point, some
listener questions.

You sent 'em in, and, uh, I'm gonna answer some of
these. So let's see.

First up, "Danny, prices are dropping.

Should I wait for them to climb again?" That's
from Sarah in San Antonio. Hey, Sarah.

If you got time, your house is in great shape, uh,
waiting,

uh, might pay off. Maybe a year or two if rates
drop and demand spikes, but, you know, if- if

that's- if you need cash now, or your place needs
work, waiting's a gamble.

You know, we buy houses as is, no waiting
required.

So if you wanna get a cash offer from us, seeing
what it's like, uh, just reach out to us.

All right, next letter here. "My house is a mess.

Can I still sell fast?"

From Juan in Converse. Hey, Juan. Yeah,
absolutely.

We don't- we don't care if it's a disaster, holes
in the walls, um, you know, broken

plumbing, clogged plumbing, whatever. We bought
worse.

Uh, you sell it as is and we'll fix it up later.
Speeds our game. Cash in days if you sell to us.

So just give us a try.

Uh, let's see. Last one here. "Foreclosure is
close.

How fast can you move?" That's Chris in Leon
Valley.

Chris, um, like I mentioned before, we can close
in three days if the clock is absolutely ticking
and

you're up against that, uh-

uh, that- that foreclosure auction.

Give us the details, how much you owe, auction
date, and we'll hustle and see what we can do.

Uh, and...We can help you try to get through this,
so just contact us.

We can

and talk about it, and obviously like I said th-
you know, as far as how fast we move, that's how
fast we can.

Typically, we wanna do more like seven days or 14
days to give you time to do things you need to do.

But if- if you're up against that- that time
crunch, we can help you out.

All right.

So how does it work? How does it ge- how does, you
know, if you do contact us, what happens?

And I like to cover that in every episode. It's
pretty easy.

Uh, if you head over to dannybuyshouses.com, you
can find out about how it works by clicking on the
How It

Works link up there at the top. Uh, if you're
ready to go, you can fill out that fast cash

offer form on the homepage and on every other
page.

Uh, it only takes like two minutes, so it's real
quick.

Uh, once you fill out that one, you'll go to a
longer form question that- uh, questionnaire that
only

takes, you know, maybe three to five minutes, and
it just asks like what kind of repairs it needs
and stuff

like that,

and saves us a lot of, uh, time for- for having
to- to ask those questions on the

phone. We have kind of the details we need so that
we can- uh, when we do contact you, we're just

kinda setting up that appointment to come check it
out.

And when we go visit the place,

you know, it's just a quick look. There's no
judgment about, you know, the state of the house,
uh, how clean

it is, all that kinda stuff. We're not- we don't
care.

We're really just looking at what we're gonna need
to do to get that place fixed up and either rent
it out or

sold when we go to do that. So we're just
determining what is it gonna cost us to make these

repairs, and then we can make you a cash offer.

Usually it's right there on the spot after we walk
through the house.

That walkthrough might take 15, 30 minutes tops,
and- uh, and then we can make you a- a

no obligation cash offer. If you like it, we can
sign a purchase agreement.

If you don't, you know, it's no problem. We don't
have to do anything.

We can just leave and- uh, and talk about it
later.

So

I apologize for the dings here. We're getting some
information here through the- the website.

Wish I could pause that there, but um...

All right. So,

uh, and then, you know, if you agree, we sign that
purchase agreement. That goes to a title company.

The title company does the paperwork necessary,
and- uh, we set up a closing date once that's

ready. And once- once we sign, once you sign, you
get a check from the title company, and
everything's

done. So there's- there's really no paperwork that
you have to do.

That title company does it. If they need something
specific, they'll reach out to you and- and get
that

piece of information. But typically, uh, you know,
the- the information about the deed and stuff like
that

is all public record, so they- they have access to
it. And so it's pretty simple really.

People are- are surprised at, uh, how easy it is
to- to really get through that closing.

All right. So,

you know, I know selling a house is a big deal.

Um, I don't-

I don't mean to make it seem like it's not, and-
uh, you know, it's more of the

uncertainty of knowing how things work out. And so
if you have questions, by all means give us a
call.

We can walk you through exactly what happens in-
in more detail to help you out.

So if you're,

you know, right there, you're thinking, "Hey, you
know, I gotta- you know, I should probably sell
this

house. Prices are dropping." And um, you know,
you're- maybe you're stuck in a tough spot

like foreclosure, you know, give us a call.

We love helping people out move fast,

uh, pa- and get you past the- these current life
obstacles that you have.

So reach out to us at dannybuyshouses.com or give
us a call

210-881-7707. And San Antonio's

market might be cooling, but your life doesn't
wait.

You know, if you want, picture this. No more
stress, no more bills piling up, just cash and a
clean slate so

you can move on. All you gotta do is visit our
website, check us out, and- uh, give us a call if
you'd

like to. Uh, we're here for you. Thanks for
listening everyone.

Share this with a friend who's thinking of
selling, and- uh, next episode we're gonna dive
into

selling a house due to divorce. Now you don't
wanna miss that.

Uh, if you or somebody you know is going through
that right now.

Uh, this is Danny Johnson from Danny Buys Houses
saying take care and sell smart.

Catch you next time.