Buyers Market? Sellers Market? Mixed Market! - 09/27/09 10:50 PM
Almost regardless of the stage in a real estate cycle, someone benefits. Buyers benefit in a buyers market with more home to choose from at lower prices. Sellers benefit in a sellers market with higher prices and shorter days on the market. The type of market is determined by various statistics and data usually trending in a direction that favors either home buyers or home sellers. When these statistics don't trend in a direction where only one party benefits, as evidenced in the San Antonio data below, this could be seen as a Mixed Market where anyone stands to benefit.
Monthly … (2 comments)

Trickle Up Effect of $8,000 Stimulus - 09/14/09 11:41 AM
As we predicted, July turned out to be the first month for our area to see an increase in year-over-year single family home sales for San Antonio in quite some time. In fact, it was the first year-over-year increase reported since February 2008, some 17 months ago. This statistic coupled with a slight increase in the median sales price and various other real estate data trends continue to represent that the local market continues to stabilize.
It should come as no surprise that almost 70% of all homes sold during the month of July were less than $200,000. In fact, almost … (0 comments)