Real Estate Agent Ronnie Trevino with Keller Williams Heritage joined Leading SA to help break down the rise in interest rates for a 30-year-fixed mortgage and the impacts on the local housing market.

The average sale price of a home in San Antonio in July was $295,000, according to Redfin. That’s up 12% since the same time last year. However, with a questionable national economy and an apparent pullback in offers on homes, how does the local real estate market look, and what comes next?

The real estate market in San Antonio and around the country has seen a boom over the last few years.

Keller Williams Heritage is showing off its new headquarters in San Antonio, located in a building that used to belong to Credit Human.