real estate: Existing home sales down 7 percent in San Antonio
- 08/31/07 09:41 AM
San Antonio's real estate market may be down slightly from last year. However, the single-family home market remains resilient, according to statistics released by the San Antonio Board of Realtors (SABOR). There were 13,763 sales of existing single-family homes year-to-date, which is down 7 percent from this same period a year ago. However, at $182,872, the average price of these homes is up 7 percent from this same time last year. Statistics compare home sales from January to July. SABOR official say that although the number of sales in 2007 through July may be down in comparison to 2006, the number … (0 comments)
real estate: Real Estate Remains a Strong Investment
- 07/19/07 04:18 AM
Opportunities to make big, quick profits in residential real estate tend to come and go in cycles. When a local market is hot, families may find it possible to buy a house at an attractive price, fix it up, and watch its value rise in just a few years. When the same local market is at the low end of the appreciation cycle, reaping a profit on the family home can take a good deal more time but the reward can be just as satisfying if price and location and carefully considered. Even in uncertain economic times like these, history … (2 comments)
real estate: Pricing Your Home to Sell
- 07/11/07 04:44 AM
Why is it that some homes sit on the market for a year while others sell like hot cakes? Frustrated sellers will blame a bad market, while a good real estate professional will tell you that many times, a slow sale is often attributed to the listing price. If a home is overpriced, buyers will stay away. But, if the price is competitive with similar homes in the area and "shows" better than the competition, it will have a better chance of being sold quickly. The secret is perfecting a technique that's as American as apple pie: comparative shopping. Although comparing … (2 comments)
real estate: Tips for Selling Your Home
- 07/10/07 03:56 AM
Maybe you're moving to a larger home to accommodate a growing family, relocating for a new career opportunity, or purchasing a townhouse for retirement. Whatever the reason for the move, you'll need to take the necessary steps to sell your home for the best possible price, within a reasonable amount of time. Where do you begin?
If you're like most people, you'll start by seeking assistance from a professional. A local real estate sales associate, who knows your neighborhood, can help you determine a fair market price. The sales associate should also recommend the extent to which you should make repairs … (0 comments)
real estate: Timing is Everything When it Comes to Buying Homes
- 07/10/07 12:51 AM
The old adage that "timing is everything" especially applies to buying a new home. And trying to be at the right house at the right time and get it for the right price can be tricky. Here are some guidelines to assist you: •· Turn to the real estate section of your Sunday newspaper. Monitor the market and tract home prices. Expect to spend 90 days watching the real estate market through advertisements. Question and investigate homes that are advertised month after month. Hard-to-sell properties could either be a warning sign or simply overpriced for the value. •· When a real estate … (0 comments)
Purchasing a home can be a complicated and confusing process, especially for first-time buyers. Throughout the process, first-time home buyers will encounter a variety of unfamiliar real state terms. There are several key terms associates with purchasing real estate that are helpful to learn. For example, many buyers confuse the terms broker and salesperson. A broker is a properly licensed individual, or corporation, who serves as a special agent in the purchase and sale of real estate, a salesperson is an individual employed or associated by written agreement by the broker as an independent contractor. The salesperson facilitates the purchase … (0 comments)
real estate: Silence is not always golden!
- 07/09/07 01:53 AM
When trying to sell a home, silence isn't always golden especially when your clients are expecting a call. In fact, it's one of the leading complaints among sellers in the real estate market. Often times agents are more than willing to take on a listing, but not qquite as eager to communicate regularly with the seller. Keeping the communication lines open between the two parties assures the seller that the agent is keeping them apprised of any and all offers. In addition, agents often provide valuable tips on why prospective buyers weren't interested. This allows the agent to give the seller constructive feedback and … (1 comments)
San Antonio real estate isn't exactly as hot as it was last year. The city has thousands of additional homes on the market: nearly 40 percent more existing homes than at this time last year, and it's taking longer to sell them. In a report last week, the Federal Reserve Bank of Dallas cited softness in real estate across Texas and said San Antonio quickly had turned into a buyer's market. "For the past couple of years, I think San Antonio has been on everyone's radar as the number one hot spot in … (4 comments)
San Antonio's real estate market may be down slightly from last year. However, the single-family home market remains resilient, according to statistics released by the San Antonio Board of Realtors (SABOR). ;)
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