Mid Year Report

2019 Mi
Econom
Housing

M. STAGERS REALTY P

4630 N. LOOP 1604 W., SUITE 313 SAN AN

MSTAGERSREALT
INF

id-Year
mic and

Outlook

PARTNERS

ANTONIO, TX 78249
O: 210.305.5665

TYPARTNERS.COM
[email protected]

SAN ANTONIO
HOUSING TREN

NDS

SAN
QUA
REPO

N ANTONIO
ARTERLY HOUSING
ORT



SAN
ANTONIO
MARKET
STATISTICS



SINGLE RESIDENTIAL
SOLD SUMMARY

As we heard at the beginning of the
year it would be a flat year, it is
somewhat apparent in this 2018/2019
comparison. We are sitting on a plateu.



MULTI-FAMILY
UNITS(2-8)
SOLD
SUMMARY

The price has gone up, but the
transactions has gone
down. Multi-family is getting
harder to come by for
inventory. Rents remain steady
and investors are holding their
inventory.



RENTAL
PROPERTIES
SOLD
SUMMARY

The average size of rental in
San Antonio is 1896 sqft.

Rents on single family average
$.78 a sqft

Multi-Family averaged $1.13



FARM/RANCH
SOLD SUMMARY

The biggest change of all.
Land / Farms / prices have risen.



COMMERCIAL
IMPROVED
SOLD
SUMMARY

This information is from the MLS
system which does not contain the
majority of the commercial
properties traded in San Antonio.



COMMERCIAL
UNIMPROVED
SOLD
SUMMARY









TEXAS STATEWID
HOUSING TREN

DE
NDS

Statew
for Texas

wide Housing Report
s

 The average days on market remained
stable, while lower mortgage rates and
home-price appreciation eased the decl
of housing affordability.

 Builders moved toward smaller lot and
home sizes to provide more affordable
options, but the premium for a new rathe
than existing home remained substantial.

 The shortage of homes priced below
$300,000 remained the biggest challenge
facing the housing market. Texas’ robust
economy and population growth, howev
support a favorable outlook.

line TEXAS
HOUSING
er SALES
.
e Source: James P. Gaines, Luis B.
ver, Torres, Wesley Miller, and Paige
Silva (Jul 2, 2019)



TEXAS OVERALL
BUSINESS CYCLE
INDEX AND
LEADING INDEX



MAJOR
METROS
BUSINESS
CYCLE INDEX



CONSUMER
CONFIDENCE
INDEX



MORTGAGE
AND BOND
YIELD PERCENT
OVER THE
YEARS

 Residential Construction Leading Index
reached its highest level since the great
recession amid low interest rates and a
rebound in construction permits. The
extended economic expansion in Texas a
across the nation bodes well for the housi
market.

 Texas alone accounted for 16% of the
national total for single family constructio
permits remaining the front runner with
10,946 with Dallas-Fort Worth topping the
at the metropolitan level.

 Austins growth accelerated 12 percent ye
over year (YOY) while san Antonio posted
similar growth with 875 permits, outpacing
larger metros such as Seattle, Miami,
Chicago.

and
ing

on SUPPLY
list
Source: James P. Gaines, Luis B.
ear Torres, Wesley Miller, and Paige
d Silva (Jul 2, 2019)
g

 Total Texas housing starts surpassed 16,000
for the first time this year and showed sign
of breaking from a four-year stagnation.
Lower interest rates and lumber prices
fueled activity, but the current pace
remains insufficient to meet the demands
a growing population and economy.

 Housing starts had little effect on Texas’
months of inventory (MOI) which held firm
at 3.8 months while the MOI surpassed 9.2
months for luxury homes. (Priced $500,000
more)

 The MOI stabilized across the major metro
after marginal gains last year. The San
Antonio metric held at 3.6 MOI for the fifth
consecutive month.

0
ns

s of

mly GROWTH
2
0 or Source: James P. Gaines, Luis B.
Torres, Wesley Miller, and Paige
os Silva (Jul 2, 2019)

h













SINGLE-FAMILY HOUSI
CONSTRUCTION PERM

ING
MITS