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appreciation: First-quarter housing numbers for San Antonio, Texas - still a buyer's market - 06/03/09 08:09 AM
San Antonio is still considered a buyer's market, with the median price for a resale home during the first quarter of 2009 at $146,300. This is down 1.5% compared to a year ago, according to the San Antonio Board of Realtors. Lower mortgage interest rates and this year's beefed-up tax credit for first-time buyers seem to have spurred buyers into action this spring. The 8 months' worth of housing inventory needs to be reduced to 6 months in order to get back to a balanced market, in which the negotiation advantage is split more evenly between buyers and sellers. This assumes (1 comments)
appreciation: San Antonio is a buyer's market now - 09/27/07 02:49 PM
San Antonio's real estate market continues to run contrary to many of the large cities on the coast, and is still chugging along. Although days on market have lengthened from last year, and there are 33% more homes for sale, and prices are drifting downward from 25% appreciation levels in some neighborhoods, it has just begun to be a buyer's market. Rental income is still positive, especially with fewer entry-level home buyers able to qualify for admittedly dodgy mortgages. Forbes.com listed San Antonio as fourth on its list for home sellers; sixth for best overall housing markets. The San Antonio Board of (1 comments)
appreciation: San Antonio summer market report - 08/05/07 06:07 PM
San Antonio is still in great shape, stabilizing after two banner years. It is turning into a "normal" market, with fewer buyers and more homes for sale; resale sales were 17% less in June 2007 than a year earlier. The inventory is up by 72% in the same time period. Many local real estate professionals blame the relentless rain, and now that the rain has moved on (for now), there should be an increase in showings and sales, especially as the beginning of the school year approaches. Another reason for the decrease in buyers is that fewer investors and second-home buyers (2 comments)
appreciation: Northwest vs. northeast San Antonio - 05/23/07 10:13 AM
As a Realtor specializing in rental properties for investors, I spend a lot of time looking at market data on both sales and rentals, both price and days on market, for properties offering comparable features. I compare the sales price to typical rental rates in various neighborhoods, looking for cash flow. Over the last couple of years, I've found that prices for homes in the North East school district, which covers north-central and -east San Antonio, to be a bit lower than they were last year. Several neighborhoods look as if they'd be good prospects for rental investment.One of the most important (5 comments)
appreciation: Jobs = tenants = $ - 05/23/07 09:59 AM
From Money magazine online, San Antonio ranks 14 out of 15 for job growth prospects, with a 2-year forecast of 4.2%. New jobs are coming up with Affiliated Computer Services, Fort Sam Houston, and Washington Mutual, planning to hire 3,000 new employees for its new operations center. Microsoft is building a $550 million data center, set to open in 2009. In addition, there are three research labs here, and on the drawing board are plans to bid on a $450 million federal vaccine lab. Check out The whole story San Antonio is still growing and appreciating and diversifying. Rehabbing and remodeling in gentrifying neighborhoods and in (3 comments)
Robin Rogers, ABR, CRS: professional real estate broker & investment adviser
Real estate in the Bexar County / San Antonio metro area and on the Guadalupe River; photography; houses and homes; investments and rental properties; pets and wildlife; birds, butterflies, and flowers in my organic garden; travel; fun stuff; and whatever else takes my fancy. Click my playlist below to hear some of my favorite music!
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.