A US housing market crash is very unlikely even as mortgage rates surge.
According to experts, housing will continue to be hit hard by mortgage rates now > 6%.
Still, avg home equity levels are very high, so a housing crisis is very unlikely.The total avg home equity per homeowner ↑ $300K in Q2 2022.

Is US housing market going to crash?

U.S. asking rents climbed to a record high in August, ↑ 11% yearly.
On MoM basis, the median asking rent ↑  0.4%.
Rent growth will likely slow further due to rising interest rates.
Growth in rents is also likely to be slowed by a boost in rental supply.

Asking Rents Climb 11% in August

Property tax assessments determines a property's value for tax purposes.
Property tax assessments are performed by a government assessor.
There are 3 types of property value:
 Appraised Value : Your home's value, also known as the fair market value.

What is a property tax assessment?

What Is a Property Tax Assessment?

Los precios de la vivienda pueden caer ligeramente, pero no de forma drástica como ocurrió en 2008.
Algunos creen que el mercado de la vivienda seguirá teniendo un rendimiento superior al de antes de la pandemia.
CoreLogic, Fannie Mae, Freddie Mac y Zillow predicen que los precios de la vivienda crecerán el próximo año, aunque ligeramente.

Predicciones del Mercado de la Vivienda en 2023: ¿Bajarán los Precios?

On avg, mortgage rates moved by 0.5% every 4 weeks,  making the period the most volatile time for mortgage rates since 1987.
Those big swings can translate into major headaches for hopeful buyers.
Avg mortgage rates have soared from 3% at the beginning of 2022 to > 6% in Sep.

Mortgage rates have not been this volatile

Hondo ranks No. 33 among the best suburbs to live in.
The closest largest city to Hondo is San Antonio.
Hondo has a population of 9,321.
Suburb’s scores:
Affordability: 90.4
Livability: 47.8
Jobs: 72

Hondo, TX: among the best suburbs near a large city

Para empezar, los precios no van a bajar en 2022.
Si los tipos de interés hipotecarios siguen subiendo, es probable que la demanda disminuya en otoño e invierno.mientras que los precios de la vivienda seguirán creciendo, aunque a un ritmo más lento.Las recientes subidas de precios de dos dígitos reflejan la convergencia de una demanda excepcional y una oferta crónicamente baja.

Tendencias del Mercado de la Vivienda en 2022

Se prevé que el valor de la vivienda ↑ 1,2% hasta agosto de 2023.
El valor de una vivienda típica era de unos 356 000 dólares en agosto.
Esto es ↓ 0,3% MoM y el segundo mes consecutivo en que los valores de la vivienda ↓.Sin embargo, el descenso del 0,1% de julio fue el primer descenso del valor de la vivienda desde 2012.

El Valor de la Vivienda Subirá sin Duda en 2023

The new home sales pace quickened with 50.87 avg DOM Aug, ↓ from 51.19 days in July.
The avg new home prices ↑ in TX, posting ↑ avg prices in Austin and Houston.
Still, prices were ↓ in Dallas-Ft. Worth and San Antonio.
The 3-mo moving avg statewide of new home sale prices in Aug was a record $472,129.

How was Texas Real Estate market in August 2022?

> 420K new rental units are projected to be completed in the US by the end of 2022.
The last time apartment completions surpassed the 400K units mark was in 1972.
A record 28,153 new rental units are projected to be delivered in NY, ↑ 50% yearly.
Also, 23,571 new apartments are set to be completed throughout DFW.

US apartment construction to reach record

Avg 30-year fixed mortgage interest rates ↑ from 3.2% to 6.38% until Q2 2022.
Currently 210 of the top 400 housing markets in the US are overvalued by > 25%. 
The Fed's interest rate hike is supposed to give housing industry a reset, yet brings uncertainty.
Also, housing inventory will remain tight in the coming months or even years.

Balanced US Real Estate market

New home construction ↑ 12.2% in Aug across the US.
But despite the fast pace, applications to build ↓ to the slowest pace since June 2020.
Permits are being purposely pulled back because there's inventory on the ground.
New construction slowed down in part to the fact that resales are more accessible.

New U.S. house construction rising

New U.S. home construction rising

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Is US housing market going to crash?

Asking Rents Climb 11% in August

What Is a Property Tax Assessment?

Predicciones del Mercado de la Vivienda en 2023: ¿Bajarán los Precios?

Mortgage rates have not been this volatile

Hondo, TX: among the best suburbs near a large city

Tendencias del Mercado de la Vivienda en 2022

El Valor de la Vivienda Subirá sin Duda en 2023

How was Texas Real Estate market in August 2022?

US apartment construction to reach record

Balanced US Real Estate market

New U.S. home construction rising

Localized Real Estate Videos to Win Leads using San Antonio real estate Social Media Content

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Is US housing market going to crash?

Asking Rents Climb 11% in August

What Is a Property Tax Assessment?

Predicciones del Mercado de la Vivienda en 2023: ¿Bajarán los Precios?

Mortgage rates have not been this volatile

Hondo, TX: among the best suburbs near a large city

Tendencias del Mercado de la Vivienda en 2022

El Valor de la Vivienda Subirá sin Duda en 2023

How was Texas Real Estate market in August 2022?

US apartment construction to reach record

Balanced US Real Estate market

New U.S. home construction rising

Localized Real Estate Videos
to Win Leads using San Antonio real estate Social Media Content

Sign Up to Add Your Branding to Social Media-Ready
Real Estate Videos