Sellers have had a tough 2018. Values of homes in San Antonio did not appreciate much. Buyers were extremely selective and most homeowners had to deal with long delays. 2019 has not brought much respite for the real estate market in San Antonio. The residential real estate sector continues to be a buyers market. It remains saturated and that does not help sellers in any way. The recent development can only make matters worse. There is a slowdown in the real estate sector.
Dependable Homebuyers, a real estate investment company based in San Antonio, has issued a public advisory for sellers and owners who may want to sell their properties in weeks or months. The advisory highlights the facts about the real estate industry and illustrates how they are poised against the best interests of sellers. There has been a nearly eight percent increase in the number of new properties that have been listed online in the past few months. At almost half a year through into 2019, the increasing inventory is concerning for sellers as buyers shall have more options. The availability of more houses has a direct impact on ask prices, average days on market and the eventual likelihood of a house actually getting sold. There is also tremendous stress on homeowners to spend money on repairs and renovations. Buyers are insisting on refurbishments, so are realtors, without there being any assurance that the new investment will have substantial impact on the return. The ask price may remain unchanged.
The average wait time for property owners to get a closing offer is around seventy days. Most owners are compelled to wait for a hundred days and longer. There is no assurance of getting a closing offer after all that wait. Real estate agents are unable to help the case as buyers are spoilt for options. The growing inventory of new properties will make it harder than it already is for homeowners to find potential buyers. The We Buy Houses company is undeterred by such slowdown and the daunting challenges being presented by the sector. Dependable Homebuyers is buying all types of properties directly from homeowners at a fair price and they are continuing their practice of expedited sale.
Homeowners can contact Dependable Homebuyers and sell directly without paying for any commission, closing cost, staging or property inspection fee, appraisal and advertising. There is no listing and real estate agents are not involved. The slowdown in the buyers market is immaterial and homeowners do not have to feel compelled to invest more money into repairs or renovations. Any type of refurbishment or home improvement that might be required will be paid for by Dependable Homebuyers after they acquire the property.
Dependable Homebuyers is able to provide a cash offer for residential properties within a day of the inspection. They are capable of closing the deal immediately. The sale can take fewer than seven business days for owners who agree to proceed. This is a breather for sellers in an increasingly saturated and slowing down buyers market in San Antonio. Read the recent press release they published at https://www.pressadvantage.com/story/28592-san-antonio-texas-homeowners-sell-my-san-antonio-house-to-get-out-of-debt.
SOURCE: Press Advantage [Link]
Dependable Homebuyers is a local home buying company in San Antonio. We buy houses in any condition and any situation. If you want to sell your house fast, give us a call at (210) 944-4115 and we’ll provide you a cash offer within 24 hours.
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