northridge homes: The myth of the neighborhood expert
- 06/18/15 10:36 PM
Many sellers think it's important to find an agent who is a neighborhood expert to list their home for sale in San Antonio. Agents who farm particular areas tend to encourage that belief. But how important is it to be an expert on a particular neighborhood when listing a home for sale there? Twenty years ago, agents were the go-to sources of information on neighborhoods because there were few ways to get it other than walking around talking to residents. Agents would farm the neighborhoods they lived in or near and could pride themselves on selling several houses in the same community. Buyers … (30 comments)
northridge homes: How much home can you afford in San Antonio? What do you want to pay?
- 07/06/14 11:50 PM
Yes, it is a seller’s market and home prices have been going up in San Antonio. But interest rates are still historically low. And those rates have more of an impact on what you can afford to buy than prices. For example, if you’re looking for the average priced home in San Antonio, as of June 2014 it would be a little less than $225,000. How much would you pay each month with a 20% down payment to avoid paying private mortgage insurance on a 30-year fixed rate mortgage?
A mortgage of $180,000 at 4.25% equals a principal and … (1 comments)
northridge homes: Fiesta San Antonio is over. Start planning for next year!
- 05/05/14 10:42 PM
San Antonio is known for the Alamo and its beautiful River Walk, which play starring roles in the annual Fiesta de San Antonio. Fiesta brings people from near and far, both locals and tourists, to join in such events as Night in Old San Antonio, featuring food and drink from local eateries and artisan brewers; the crowning of El Rey Feo (the Ugly King) of the Order of the Alamo; and numerous parades, concerts, and block parties. The Battle of Flowers parade is the most famous, and I have vivid memories of marching in it every year when I was in … (1 comments)
northridge homes: Rent or own?
- 04/03/14 06:46 AM
One of the principal attractions of home ownership is the fact that it provides a very significant set of financial benefits.While this is true at any time of year, many of them become particularly obvious during tax season, so this is a good time for a quick reminder. The most obvious benefit is the range of tax benefits available to home owners.These include: Mortgage interest deduction – this can often provide a very large deduction, particularly in the early years, as for many mortgages interest is the largest component of the monthly payment. Similarly, interest on a home equity loan or … (0 comments)
northridge homes: Sorry, San Antonio home buyers! It's not your market any more
- 02/17/14 12:36 AM
Real estate sales are supposed to be slow right after the holidays. But just like the weather in South Texas, the real estate market has been unpredictable. Home sales in 2013 came back to the same level as they were in 2006. And the total of 1,348 sales for the month of January was 7% more than one year ago. The average time on the market decreased by 16% from last year to 75 days. Most important statistic: there were only 4.1 months of inventory of houses for sale in January. This means there are fewer homes for sale, and prices … (0 comments)
Many sellers think it's important to find an agent who is a neighborhood expert to list their home for sale in San Antonio. Agents who farm particular areas tend to encourage that belief.
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