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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