san antonio home: Tips For Maximizing Your Home’s Appraised Value
- 11/08/11 02:49 PM
A home appraisal is an independent opinion of your home’s value, performed by a licensed home appraiser. Appraisals are part of the traditional home purchase process, and lenders require them for most San Antonio refinances, too. Appraisers are trained professionals. First, they derive a base for your home’s value based on the recent sales prices of homes that are comparable to yours in terms of bedrooms, bathrooms, style, and square footage. Then, accounting for features and amenities that make your home different, the appraiser applies “adjustments” to that base value. This methodology is called the “Sales Comparison” approach and the result is … (5 comments)
san antonio home: National and San Antonio Home Values Rose For the 4th Straight Month
- 10/05/11 05:37 AM
The government is confirming what the private sector has already shown — home values are on the rise. San Antonio home inventory remains stable. The Federal Home Finance Agency’s Home Price Index shows home values rose 0.8% in July. July marks the fourth straight month that home values climbed and the FHFA’s Home Price Index is the latest in a series of “rising home values” reports — an encouraging trend for buyers and sellers in Hobe Sound and nationwide. Last week, the S&P Case-Shiller Index showed home value up nearly 1 percent in July. CoreLogic reached a similar conclusion. Nationwide, … (0 comments)
san antonio home: Case-Shiller Index : 85% Of Tracked Cities Showed Home Price Improvement In July, Great News for San Antonio Homes
- 09/29/11 04:51 AM
Standard & Poors released its monthly Case-Shiller Index this week. The Case-Shiller Index measures home price changes from month-to-month, and year-to-year, in 20 select U.S. cities. It also reports a “national” index; a composite of the values in said cities. The most recent Case-Shiller Index shows a 0.9% rise in home values from June to July 2011. Home values were higher in 17 of the 20 tracked cities. Only Phoenix and Las Vegas fell. Denver was flat. Also noteworthy is that, of all of the Case-Shiller cities, Detroit posted the strongest 1-year, home price improvement. As compared to July … (0 comments)
san antonio home: Existing San Antonio Home Sales Jump; Home Supplies Falling
- 09/28/11 08:21 AM
Are San Antonio Home resales rebounding? According to the National Association of REALTORS®, Existing Home Sales rose 8 percent in August from the month prior, and 19 percent as compared to August of last year. “Existing homes” are homes that are previously owned; ones that cannot be considered new construction. A total of 5.0 million existing homes were sold last month on a seasonally-adjusted, annualized basis. This is slightly better than the 12-month home resale average, a statistic partially powered by “distressed sales”. Distressed homes — homes in various stages of foreclosures or sold via short sale – accounted for … (0 comments)
san antonio home: Building Permits Rising Nationwide; Housing Starts To Follow, San Antonio Homes
- 09/23/11 04:38 AM
Single-Family Housing Starts fell for the second consecutive month, dropping to a seasonally-adjusted, annualized 417,000 units in August 2011. A “Housing Start” is defined as a San Antonio home on which ground has broken. We shouldn’t put too much faith in the findings, however. Although housing starts were lower last month, as noted by the Census Bureau, the margin of error in the August Housing Starts report exceeded the actual result. From the official report: August’s Published Results : -1.4% from July August’s Margin of Error : ±10.3% from July Therefore, August’s Housing Starts may have actually increased by up to +8.9% … (0 comments)
san antonio home: National and San Antonio Foreclosure Filings Down For 11th Straight Month
- 09/15/11 07:36 AM
On an annual basis, National and San Antonio Foreclosure Filings fell last month. As compared to August 2010, last month’s foreclosure filings dropped 33 percent. ”Foreclosure filing” is a catch-all term, comprising default notices; scheduled auctions; and bank repossessions. The study was published by foreclosure-tracking firm RealtyTrac and this month’s report reveals a slowing rate of foreclosure within each of the Top 10 most foreclosure-heavy states. All news is not good, however. On a monthly basis, foreclosure filings spiked, led by a surge in default notices. Default notices made their biggest one-month jump since August 2007 on the way to a 9-month … (0 comments)
san antonio home: With The Jobs Report Looming, Mortgage Rates May Rise
- 09/01/11 07:53 AM
If you’re shopping for a San Antonio Home and to lock a San Antonio Mortgage rate, today may be a good day to lock one down. That’s because Friday morning, the Bureau of Labor Statistics will release its Non-Farm Payrolls report for August 2011. The “jobs report” tends to have a big influence on mortgage bonds and mortgage rates in San Antonio Tx. With The Jobs Report Looming, San Antonio Mortgage Rates May Rise The jobs report is a monthly issuance, providing sector-by-sector analysis of the U.S. workforce. It also report the national Unemployment Rate. Wall Street expects the August Non-Farm Payrolls data to show … (0 comments)
san antonio home: Existing Home Sales Slip In July
- 08/23/11 03:33 AM
San Antonio Home resales slipped in July. San Antonio Texas is a great place to live with great ameneties. From the Riverwalk to The Alamo we have a huge amount of culture and history. According to the National Association of REALTORS®, Existing Home Sales nationwide fell to 4.67 million units on a seasonally-adjusted annualized basis last month. It's the fourth straight month below the 5 million mark, and the report's lowest reading since November 2010. An "existing home" is a home that's been previously occupied or owned. In addition, the Existing Home Sales report showed home supplies rising nationwide. At the … (0 comments)
A home appraisal is an independent opinion of your home’s value, performed by a licensed home appraiser. Appraisals are part of the traditional home purchase process, and lenders require them for most San Antonio refinances, too.;)
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