JULY 2026 NEWSLETTER
We are officially heading into the second half of summer. The Texas heat has really settled in, and it's hard to believe school starts in just 2–3 weeks!
The good news? Canyon Lake is back to 100% capacity—an incredible turnaround from just 62% a month ago. Even better, this is the first time the lake has reached full conservation pool since 2021. I'd say it's the perfect excuse to squeeze in a few more days on the water before summer comes to an end.
On the home front, we enjoyed a staycation at the JW Marriott, where both boys officially reached the magic 48-inch height requirement to conquer the "scary" water slides. Needless to say, they were thrilled! Other than that, we've been spending as much time in the pool as possible, trying to stay cool through these hot Texas afternoons.ell we are reaching the back half of summer, the heat is really kicking in, and school starts in 2 weeks! What a great time to hear that Canyon Lake shot back up to 100% capacity, it was only at 62% one month ago, and this is the first time it has reached the full benchmark since 2021. Time for some fun on the lake!
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SAN ANTONIO REAL ESTATE UPDATE:
The June 2026 housing market numbers are in, and they continue to tell a consistent story. Compared to this time last year, inventory remains higher, homes are selling at a similar pace, and home values have stayed relatively stable. Total home sales increased 15% compared to June 2025—a positive sign that buyers are still active and properties are moving.
At the same time, inventory remains elevated, up 5% year over year, with 6.13 months of housing supply, giving buyers more options than we've seen in recent years.
The average sales price also increased 5% for the month, but when you zoom out, home prices have remained stable over the past three years. Overall, the San Antonio real estate market continues to be balanced.
While buyers have more inventory to choose from, demand has remained fairly steady, allowing the market to absorb much of the increased supply.
The two charts to the left help illustrate how inventory has grown while home sales have remained relatively consistent throughout the year.
INTEREST RATE UPDATE:
Mortgage rates experienced a slight increase during July, rising from 6.43% at the beginning of the month to 6.66% by month's end. While no one enjoys seeing rates trend upward, it's worth noting that they remain lower than they were at this time last year.
The good news is that today's buyers have more financing options than many realize. Strategies such as seller-paid rate buy-downs, lender incentives, and other creative financing solutions can often reduce monthly mortgage payments with little or no additional out-of-pocket cost to the buyer.
If you'd like to learn more about these options, we'd be happy to connect you with one of our trusted mortgage professionals to discuss the programs that may be available for your specific situation.
If you - or anyone you know - have questions about the San Antonio real estate market, big or small, we’re always here to help. The market is especially nuanced right now, and every situation deserves its own thoughtful analysis and personalized strategy.
All The Best,
Alui and Ryan Alton
