Dependable Homebuyers Releases Statement Warning About Slowing San Antonio Real Estate Market

June 17, 2019 - /PressAdvantage/ -

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.

###

For more information about Dependable Homebuyers San Antonio, contact the company here:

Dependable Homebuyers San Antonio
Evan Roberts
(210) 944-4115
info@dependablehomebuyers.com
10211 Canton Field, San Antonio, TX 78245

ReleaseID: 60028954

More News From Finance - Asia Logue

Hong Kong police say homemade bomb targeted officers

Oct 22, 2019

HONG KONG — A homemade, remote-controlled bomb intended to "kill or to harm" riot control officers was detonated as they deployed against renewed violence in Hong Kong over the weekend, police said Monday, in a further escalation of destructive street battles gripping the business hub. The "loud thud" Sunday night close to riot officers who had been clearing away a protester-built road block marked the first known use of an explosive device during protests that started in June over a contested extradition bill and have snowballed into an anti-government, anti-police and anti-China movement. "It exploded less than 2 meters (yards)...

Asian stocks gain after US, China announce truce on tariffs

Oct 22, 2019

BEIJING — Asian stock markets have risen after Washington and Beijing announced a truce on tariff hikes in a trade war. Benchmarks in Shanghai, Hong Kong and Seoul advanced. Japanese markets were closed for a holiday. President Donald Trump agreed Friday to put off planned tariff hikes this week on Chinese goods in a fight over Beijing's trade surplus and technology plans. In exchange, he said China would buy American farm goods. But the two sides reported no progress on basic disputes that sparked the 15-month-old fight that threatens global economic growth. Friday's truce "has simply temporarily halted the escalation...

Road tripping Thailand: Weekend getaways to beat the crowds

Oct 22, 2019

BANGKOK — Thailand's southern beaches lure travelers with their turquoise water and dramatic limestone cliffs, but there's more to explore in the Southeast Asian country that's one of the world's most popular destinations. For a Thai road less traveled, try one of these getaways outside Bangkok, far from the overly Instagrammed backpacker hotspots or the party scene of Phuket or Pattaya. ___ BAN KRUT FOR THE BEACH BUM In laid-back Ban Krut, travelers will find one of the cleanest and quietest stretches of white sand within driving distance of the capital, Bangkok. This sleepy seaside community, known mostly by locals,...

China criticizes Apple for app that tracks Hong Kong police

Oct 22, 2019

HONG KONG — Apple became the latest company targeted for Chinese pressure over protests in Hong Kong after the ruling Communist Party's main newspaper criticized the tech giant Wednesday for a smartphone app that allows activists to report police movements. HKmap.live, designed by an outside supplier and available on Apple Inc.'s online store, "facilitates illegal behavior," the People's Daily said in a commentary. "Is Apple guiding Hong Kong thugs?" the newspaper said. Beijing has pressed companies including Hong Kong's Cathay Pacific Airways to take the government's side against the protests, which are in their fourth month. Apple didn't immediately respond...

Protests squeezing Hong Kong economy, tourism, leader says

Oct 22, 2019

HONG KONG — Hong Kong's economy is languishing after months of increasingly violent protests, the city's embattled leader Carrie Lam said Tuesday. Lam, addressing reporters after a long weekend of more turmoil, said tourism arrivals were down by half and that hotels and retailers were suffering. Hong Kong's third quarter economic data will definitely be "very bad", said Lam, the semi-autonomous territory's Beijing-backed chief executive said. Lam said she did not have the data with her. But empty streets and tourist attractions are evidence of the fallout from the protests that began in June over a now-shelved extradition bill that...

Sign up now!

Advertisement