A Turning Point in San Antonio Real Estate: Why Now Could Be the Time to Act

As of September 18, 2025, we may be witnessing the very beginning of a major shift in San Antonio real estate.

Yesterday, the Federal Reserve announced a rate drop, and already we’ve seen mortgage rates in San Antonio dip to around 6.35%. This is big news. For the past two to three years, buyers and sellers have been navigating a housing market with rates in the sevens—sometimes brushing up against 8%. That environment slowed everything down:

• San Antonio home sellers held back, reluctant to give up their historically low mortgage rates.

• Buyers stayed cautious, worried about monthly payments that felt too steep.

• Listings sat longer on the market, with fewer pending sales to keep momentum moving.

Now, all of that could flip.

Why This Matters for San Antonio Buyers and Sellers

San Antonio, the seventh largest city in the US, has weathered a slower market cycle. But with rates softening and the Fed signaling a more favorable stance, housing activity is already heating up. In fact, mortgage applications are up 30% this week—a clear sign that buyers are re-entering the market.

We’re also heading into fall, which is traditionally a slower season for real estate in Texas. This year may be the exception. With this rate shift, buyers who have been waiting on the sidelines are ready to move. That could mean:

• Increased competition for well-priced San Antonio homes for sale.

• Faster sales as more buyers jump into the pool.

• Pressure on housing inventory, with sellers reconsidering their timing.

A Reminder from 2020–2021

If this feels familiar, it’s because we saw something similar just a few years ago. When rates dropped in 2020, the floodgates opened. Buyers rushed in, leading to multiple offers, bidding wars, and contracts with tough terms. Many ended up paying more than expected—or even settling for homes that weren’t their first choice.

We may be heading in that direction again.

What Smart Buyers Should Do Right Now

If you’ve been thinking about buying a home in San Antonio, this window of opportunity is worth serious consideration. Rates are still lower than what we’ve seen in years, but competition hasn’t fully heated up yet. Acting now could mean the difference between:

• Finding the right home at the right price…

• Or getting caught in a frenzy where buyers are overpaying and compromising.

The smartest move? Start your action plan today. Connect with a trusted San Antonio REALTOR®, review your pre-approval options, and be ready to move when the right home comes up.

About Alan Greulich

Alan Greulich is an ICON Agent with The Alliance Group, brokered by eXp Realty, and one of San Antonio’s top-performing REALTORS®. With a proven track record of helping families, first-time buyers, relocating professionals, and investors, Alan brings market expertise, sharp negotiation skills, and a client-first approach to every transaction. Whether you’re buying, selling, or just exploring your options in today’s shifting market, Alan is here to guide you every step of the way.

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