SABOR Housing Forecast Provided Outlook on 2018 Market

The San Antonio Board of REALTORS® hosted its 2018 Housing Forecast on January 4, 2018 at the La Cantera Resort and Spa to an audience of over 1,000 REALTOR® and Affiliate members. Participants at this annual event heard from a series of locally and nationally recognized speakers sharing their expertise on market conditions, industry trends and community conditions and how those factors will affect the 2018 real estate market.

“2017 was the biggest year yet in real estIn 2017 we outpaced 2015’s sales figures, and we expect to carry this momentum into the New Year,” said Lorena Peña, SABOR’s 2018 Chairman of the Board. “An event like this is a prime opportunity for our members to prepare for the demands of a busy housing market by staying informed of the factors shaping our industry.”

Topics covered this year ranged from local, state and national housing trends as well as insights from local leaders on trends and developments in the San Antonio area.

The keynote presentation was given by Dr. Mark Dotzour, Real Estate Economist, who spoke about the current conditions in the Texas market while offering some insight into the coming year. Other presenters included Dr. Lawrence Yun, Chief Economist and Senior Vice President of Research at the National Association of REALTORS®; David Nisivoccia, President and CEO of the San Antonio Housing Authority; State Representative Lyle Larson; State Representative Ina Minjarez; Robert Rivard, Publisher of The Rivard Report; and Jenna Saucedo-Herrera, CEO of the San Antonio Economic Development Foundation.

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