San Antonio Appraisal Blog

Growth Continues in South Texas     
Insights from On the Mark Appraisals

As we reach the midpoint of 2025, it’s the perfect time to pause and recognize the remarkable pace of real estate growth in San Antonio and New Braunfels. Whether you’re a homeowner, investor, or wondering about your property’s value, On the Mark Appraisals is here to provide you with the trusted insights and expertise you need to make confident decisions.

Key Market Updates:
  • Both San Antonio and New Braunfels have seen continued, sustainable growth in home values and new construction.
  • Low inventory and steady demand keep the real estate market competitive and favorable for sellers.
  • Buyers are benefiting from a diverse inventory, especially in up-and-coming neighborhoods.
  • Appraisal accuracy is more important than ever for lending, refinancing, and asset planning.

Why Accurate Appraisals Matter

Whether you're buying, selling, refinancing, or investing, a certified appraisal is your best tool for fair negotiations. At On the Mark Appraisals, our experience in the San Antonio and New Braunfels markets means you get:

  • Unbiased, expertly researched valuations using the latest data and technology
  • Clear, detailed reports explained in everyday language
  • Fast turnaround times and open communication every step of the way

Our Goal: To provide valuable information that builds your trust and confidence so you can approach every real estate decision with peace of mind.

The Power of Local Expertise

Markets change, but strong guidance endures. I’m proud to be your local resource—offering tailored advice for your neighborhood, your property, and your goals. My commitment? Accuracy, integrity, and service. Every time.

Ready for clarity in today’s market?
Ph: 210-393-4414 
Email: onthemarkappraisals@gmail.com

 www.onthemarkappraisalstx.com

Contact us for a trusted home valuation or consultation today!

Posted by Mark Caraveo on June 5th, 2025 8:51 AMLeave a Comment

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May 29th, 2025 7:17 AM

Weathering the Market:

San Antonio's Rain, Flooding & Your Real Estate Journey


Mark Caraveo | On the Mark Appraisals

Here in San Antonio and the beautiful New Braunfels area, we enjoy vibrant culture, rich history, and plenty of sunshine. But, as many of us know, our region also has a significant history with rainfall and flash flooding – a factor that can't be ignored when it comes to real estate.

Whether you're a long-time homeowner, a realtor guiding clients, a prospective buyer, or looking to sell, understanding how our unique weather patterns impact property is crucial. For those new to the area, this insight is even more vital!

The Double-Edged Sword: Rain in Central Texas

While rain is essential for our landscapes and aquifers, intense downpours, especially during certain seasons, can quickly transform serene creeks and rivers into powerful forces. San Antonio, often dubbed "Flash Flood Alley," has seen its share of dramatic weather events.

What does this mean for real estate?

  • Property Value & Risk: Proximity to floodplains, drainage adequacy, and a property's history can significantly influence its value and insurability.
  • Maintenance & Prevention: Understanding potential water-related issues is key to preventative maintenance and protecting your investment.
  • Buyer & Seller Considerations: Disclosure, due diligence, and awareness are paramount in transactions.

Addressing Your Concerns & Pain Points:

For Homeowners:

  • Worried about undocumented flood risk or changes to flood maps?
  • Unsure how past water issues might affect your property's current market value?
  • Need clarity on preventative measures or improvements that add value and mitigate risk?

For Realtors:

  • How do you confidently advise clients on properties in areas with a history of flooding?
  • Need reliable data to support pricing strategies or negotiation points related to flood risk?
  • Struggling to explain complex flood zone information to buyers or sellers?

For Buyers:

  • Concerned about unknowingly purchasing a home with high flood risk?
  • What are the "must-ask" questions regarding a property's water history and drainage?
  • How can you ensure you're making a sound investment in a flood-prone region?

For Sellers:

  • How do you properly disclose any past water incidents or known risks?
  • Worried that flood concerns might deter buyers or lower your asking price?
  • What steps can you take to make your property more attractive despite potential weather concerns?

For Those New to the Area:

  • Feeling overwhelmed by terms like "100-year floodplain" or local drainage patterns?
  • Uncertain about which neighborhoods are more susceptible and what due diligence is essential?

Knowledge is Power: How On the Mark Appraisals Can Help

At On the Mark Appraisals, we understand the nuances of the San Antonio and New Braunfels real estate markets, including the critical impact of environmental factors like rainfall and flood risk.

Our comprehensive appraisal services provide you with:

  • Accurate Valuations: Factoring in all relevant aspects, including flood zone status and property condition related to potential water issues.
  • Informed Insights: Helping you understand how these factors influence marketability and investment potential.
  • Peace of Mind: Providing clear, unbiased information so you can make confident real estate decisions.

Whether you're assessing risk, determining value, or navigating a transaction, a professional appraisal can be an invaluable tool in "Flash Flood Alley."

Drop Us A Line!                     Order An Appraisal


Posted by Mark Caraveo on May 29th, 2025 7:17 AMLeave a Comment

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Summer is Here!!! Let the Buying and Selling Frenzy Begin!?  Oh Wait..

Summer usually means more home showings, offers flying everywhere, and open houses serving (mystery) lemonade. But this year, headlines aren’t just about backyard BBQs! The only thing rising faster than the temps are… yep, mortgage rates. Here's the big summer scoop:

  • New Tax Bill Passed: Congress is keeping us on our toes (and sometimes, scratching our heads). The latest tax reform could change how much homeowners can deduct, which means more questions at every kitchen table closing negotiation.
  • Tariffs—On Again, Off Again: Just like your neighbor's fireworks, nobody knows exactly when (or if) these will go off! Tariffs can impact construction costs, repairs, and even the price of your new neighbor's imported garden gnome (it’s a thing now, we checked).
  • US Treasury & Mortgage Rates Up, Up & … Oh My: The Treasury yields are climbing faster than my cholesterol after a summer corn dog. Guess what else follows? Mortgage rates! If you’re buying, expect higher monthly payments. If you’re selling, don’t panic—homes are still moving, but every dollar counts.

What Does It Mean For You?

  • Homeowners: Refinancing? It’s a narrow window—get your appraisal now before rates jump again!
  • Realtors: Yes, we know, “Did the value go up since last week?” We feel you.
  • Sellers: Pricing matters more than ever. Let’s keep those comps… well, comparable!
  • Buyers: Bring your ‘A’ game—and maybe your calculator.
  • Attorneys: You’re about to see more estate questions than an appraiser sees coffee breaks (and that's saying a lot).

In Conclusion…

Summer’s sizzle is real—but the real estate market’s hotter than ever with uncertainty. Relax, On The Mark Appraisals is here with the right answer, even if we use a slightly dull pencil (oops, time to sharpen up!) for sketching your property.

By: Your friendly (and slightly sarcastic) neighborhood appraiser ??Ready for an honest, hilarious, and expert appraisal? Contact us—because when it comes to home values, we don’t "estimate", we hit the mark.


© 2025 On The Mark Appraisals • 

Posted by Mark Caraveo on May 22nd, 2025 3:50 PMLeave a Comment

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Headline: Stop Guessing, Start Knowing: Why Accurate Valuations are Crucial in Today's San Antonio & New Braunfels Real Estate Market

The San Antonio and New Braunfels real estate markets are vibrant and dynamic, but let's be honest – navigating them right now can feel complex. Whether you're a realtor guiding clients, a homeowner considering your options, or a buyer trying to make a smart investment, one question looms large: What is the true value?

In a landscape where interest rates fluctuate, inventory levels shift, and buyer/seller expectations need careful management, relying on guesswork or automated online estimates simply isn't enough. It can lead to costly mistakes, stalled deals, and missed opportunities.

Are You Feeling These Pains?

  • Realtors: Are you struggling to price listings accurately to attract serious buyers without leaving money on the table? Worried about appraisals coming in low and jeopardizing deals? Need reliable, timely valuation data to support your negotiations and advise clients effectively in this nuanced market?
  • Homeowners: Thinking of selling but unsure of your home's current worth in today's market? Considering refinancing, tapping into home equity, or needing to remove Private Mortgage Insurance (PMI)? Facing a life event like divorce or estate planning that requires an objective, defensible property valuation? Uncertainty about value can paralyze decision-making.
  • Buyers: Are you concerned about overpaying in a competitive situation? Need confidence that your offer is backed by a solid understanding of the property's value? Facing appraisal contingencies and needing assurance that the property meets the lender's requirements?

The Antidote to Uncertainty: Precision and Local Expertise

In times like these, an accurate, unbiased, and professionally conducted appraisal is not just helpful – it's essential. It's the anchor that provides clarity and confidence amidst the market's currents.

This is where On the Mark Appraisals comes in.

We specialize in providing reliable, timely, and meticulously researched residential appraisals specifically for the San Antonio and New Braunfels areas. We don't just crunch numbers; we understand the local nuances, neighborhood trends, and specific factors that influence property values right now.

Why Choose On the Mark Appraisals?

  1. Local Focus: We live and work here. Our expertise is deeply rooted in the San Antonio and New Braunfels communities.
  2. Accuracy & Reliability: We utilize comprehensive data, proven methodologies, and thorough analysis to deliver valuations you can trust.
  3. Timely Service: We understand the urgency often involved in real estate transactions and strive for efficient turnaround times without compromising quality.
  4. Clear Communication: We provide detailed, easy-to-understand reports that clearly explain our valuation conclusions.
  5. Unbiased Perspective: As independent appraisers, our only goal is to determine the fair market value, providing objective support for your decisions.

Take Control with Confidence

Don't let market uncertainty dictate your success or peace of mind. Whether you're listing, selling, buying, refinancing, or planning for the future, knowing the true value of your property is the critical first step.

Ready to replace guesswork with certainty?

Partner with On the Mark Appraisals for the accurate, reliable valuation services you need to navigate today's San Antonio and New Braunfels real estate market successfully.

Contact us today for a free quote or to discuss your appraisal needs!

Let On the Mark Appraisals provide the clarity you need to make informed decisions with confidence.


 


Posted in:Real Estate and tagged: Real Estate
Posted by Mark Caraveo on April 22nd, 2025 8:26 AMLeave a Comment

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April 15th, 2025 10:09 AM

Understanding Mortgage Delinquencies: Trends and Insights for Texas and San Antonio

As we progress through 2024, a significant trend is emerging in the U.S. housing market: rising mortgage delinquencies. At On The Mark Appraisals, we know how vital it is for homeowners, investors, and real estate professionals to stay informed about these changes, particularly those affecting our local markets like San Antonio and the broader Texas region.

What Are Mortgage Delinquencies?

Mortgage delinquency refers to the failure of a borrower to make their scheduled mortgage payment, typically if it's overdue by 30 days or more. As of the second quarter of 2024, the national mortgage delinquency rate reached 3.35%. This rise can be attributed to a combination of factors, primarily the tapering off of COVID-era financial assistance and increasing interest rates.

Why Are Delinquencies Rising?

  1. Expiration of COVID-era Assistance: During the pandemic, many homeowners took advantage of forbearance programs that allowed them to pause mortgage payments without facing immediate penalties. These programs played a critical role in keeping delinquency rates low. However, as they have expired, many borrowers are now grappling with renewed financial pressures.

  2. Increased Interest Rates: The Federal Reserve's actions to combat inflation have led to rising interest rates, meaning higher monthly payments for many homeowners. This increase has added an extra layer of financial strain, particularly for those already on tight budgets, leading to an uptick in missed payments.

Geographic Trends: A Closer Look

Texas and San Antonio Overview

As a growing economic hub, Texas has its own unique dynamics affecting mortgage delinquencies. According to recent data, the current delinquency rate in Texas stands at around 3.3%—on par with the national average. However, specific cities exhibit varying levels of distress.

Delinquency Rates in San Antonio

San Antonio’s mortgage delinquency rates echo the statewide average, reflecting both the resilience and challenges within the local market. Currently, San Antonio is experiencing a delinquency rate of approximately 3.7%. This figure places it slightly above the Texas average but shows a clear trend of increasing financial distress among homeowners.



Why Are Delinquencies Rising?

  1. Expiration of COVID-era Assistance: During the pandemic, many homeowners took advantage of forbearance programs that allowed them to pause mortgage payments without facing immediate penalties. These programs played a critical role in keeping delinquency rates low. However, as they have expired, many borrowers are now grappling with renewed financial pressures.

  2. Increased Interest Rates: The Federal Reserve's actions to combat inflation have led to rising interest rates, meaning higher monthly payments for many homeowners. This increase has added an extra layer of financial strain, particularly for those already on tight budgets, leading to an uptick in missed payments.



Key Factors for San Antonio:

  • Population Growth: San Antonio has seen a surge in population, with many moving for jobs in technology and healthcare. While this growth can drive demand, it can also strain the affordability of housing, making it challenging for newcomers to keep up with mortgage payments.

  • Rising Home Prices: The median home price in San Antonio has surged to roughly $345,000, reflecting a nearly 10% increase year-over-year. For many families, these rising prices mean taking on larger loans, further complicating financial stability.



States with the Highest Delinquencies

Nationally, the states with the highest mortgage delinquency rates are concentrated in the South:

  • Mississippi: 5.3%

  • Louisiana: 4.9%

  • West Virginia: 4.1%

  • Alabama: 3.5%

Texas, while slightly above average, does not rank among the most affected states. However, the economic pressures facing homeowners in Texas cannot be ignored.

States with the Lowest Delinquencies

Conversely, states in the West and Midwest report significantly lower delinquency rates:

  • Washington: 1.3%

  • Oregon: 1.4%

  • California: 1.4%

This stark contrast suggests that economic stability and housing affordability play pivotal roles in determining local delinquency rates.

Metropolitan Areas: A Regional Breakdown

Within Texas, major metropolitan areas are affected differently. For instance, while San Antonio reports delinquency rates around 3.7%, Dallas-Fort Worth has a lower rate at about 2.9%, reflecting a more robust job market and diversified economy. Here’s a look at some key figures:

  • Houston: 3.8% (above the state average)

  • Austin: 3.1% (more resilient but facing pricing pressures)

Implications for Homeowners and Investors

For Homeowners: If you're struggling to keep up with mortgage payments, it's crucial to explore options such as refinancing to secure a lower rate or looking into state and federal assistance programs. Awareness and proactive financial management can make a significant difference.

For Investors: Rising delinquency rates can signal increased foreclosures in certain areas, presenting both risks and potential opportunities. Understanding local market dynamics is essential for making informed investment choices.

Conclusion

As mortgage delinquencies rise, both nationally and locally, it’s imperative to stay informed about these changes and their implications for the housing market. In Texas and San Antonio, the combination of growing home prices, rising interest rates, and the end of pandemic relief programs has created a challenging environment for many homeowners.

At On The Mark Appraisals, we are dedicated to providing insights, analysis, and support to help navigate these complexities. Whether you are a homeowner needing assistance or an investor looking to capitalize on market trends, we are here to ensure you’re always on the mark with your decisions. If you have any questions or need professional appraisal services, don’t hesitate to reach out to us. Together, we can navigate the evolving landscape of the housing market.




Posted in:Mortgage and tagged: Real Estate
Posted by Mark Caraveo on April 15th, 2025 10:09 AMLeave a Comment

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