We’re often asked questions about the San Antonio rental market and we feel that we know it pretty well. Our “gut” tells us generally what’s happening because we’re involved in the marketing, screening, and leasing of the properties we manage. But, there’s never been an easy resource to point someone to that shows this
We’ve been preaching that property management is a specialization to be taken seriously. Unfortunately, all that’s required in Texas to manage property is a broker to be responsible for the function. More should be required in order to be a property manager due to the complexity of the job and the liabilities associated with doing
The real estate feeding frenzy that’s occurred over the last 18 months, or so, is clearly over. Interest rates were down and people were up-sizing their homes largely due to being pent up in them due to COVID. Prices soared to unprecedented levels and market times were insanely low, oftentimes creating bidding wars. Some
The first nine months of 2022 saw a lot of the same rental market behavior from the last couple years. But, in September, the rental market started to display signs of change. In the table below, we show 23 San Antonio-area zip codes with double-digit increases in time on market and the differences between