Here are some interesting news items for San Antonio home buyers or sellers:
10 Trouble Spots to Consider When Purchasing a Foreclosed Home from RISMEDIA
Tax credits play a big role in boosting sales from SanAntonioExpressNews
Bexar foreclosure filings at a record high from SanAntonioExpressNews
For honest straight talk about San Antonio realty stuff, contact us. We’re Stephanie and Randy Kelley, Realtors® at Keller Williams Legacy, San Antonio. If you have questions, need San Antonio area realty or mortgage advice or assistance, or just want to chat, please call us at (210) 863-2661 or 867-8743, or send an E-mail to swkrealtor@aol.com or kelleybus@aol.com. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs.
For more information about San Antonio real estate, you can
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Monday, December 28, 2009
Thursday, December 10, 2009
San Antonio Realty News You Can Use
RealtyTimes has this interesting article about "How To Save To Buy A Home." Click to check it out.
If you're interested in buying a condo, this Associated Press article in the San Antonio ExpressNews is both informative and a little troubling. Go here.
For more information about San Antonio real estate, you can
Visit Our Web Site View Our Newsletter Ask Us A Question
We’re Stephanie and Randy Kelley, Realtors® at Keller Williams Legacy, San Antonio. If you have questions, need San Antonio area realty or mortgage advice or assistance, or just want to chat, please call us at (210) 863-2661 or 867-8743, or send an E-mail to swkrealtor@aol.com or kelleybus@aol.com. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs.
If you're interested in buying a condo, this Associated Press article in the San Antonio ExpressNews is both informative and a little troubling. Go here.
For more information about San Antonio real estate, you can
Visit Our Web Site View Our Newsletter Ask Us A Question
We’re Stephanie and Randy Kelley, Realtors® at Keller Williams Legacy, San Antonio. If you have questions, need San Antonio area realty or mortgage advice or assistance, or just want to chat, please call us at (210) 863-2661 or 867-8743, or send an E-mail to swkrealtor@aol.com or kelleybus@aol.com. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs.
Tuesday, December 08, 2009
December 2009 San Antonio Realty Market Report
“May you live in interesting times.” Is it a blessing or a curse?
Across the Nation this year, home buying and selling has been interesting to say the least. Cursed with excessive foreclosures, rigid mortgage lending requirements, lackluster job markets, sluggish home sales and rapidly falling home values, is it any wonder that home buyers and sellers, not to mention their Realtors®, are tired of the curses of 2009’s interesting times.
It’s not so in San Antonio! The Alamo City will close 2009 having one of the Nation’s healthiest large metropolitan economies. Projections for 2010 indicate the area’s immediate future is highly favorable for strong economic growth, low unemployment, and a continuing strong infusion of the monetary and human resources needed to build an even more economically vibrant city.
That said, this year, San Antonio’s housing market was punched around a bit by the national economic downturn. Although home foreclosures went up and average home values went slightly down, recent Federal economic recovery initiatives (like the Tax Credit Program For Home Buyers) appear to be slowing and perhaps reversing those trends.
Here are the relevant market indicators for San Antonio single-family detached homes as of December 8, 2009:
There are 10977 active listings compared to 12603 last year. The inventory is decreasing slowly. That’s a good sign for home sellers and indicates a healthy trend toward achieving a balanced housing supply.
The average sales price for the most recent closings is $180,040 compared to $186,084 last year. The drop in average sales price has, for the most part, been driven by the purchase of a large number of less expensive properties by first time home buyers capitalizing on the recent up to $8000 First Time Home Buyer Federal Tax Credit Program. It remains to be seen how the recent continuation and expansion of the program will impact on San Antonio’s housing market.
The average cumulative days-on-the-market (CDOM) for the most recent sales is 127 compared to 117 last year. During 2009, CDOM figures have been unacceptably high, but have recently trended downward. That’s a positive sign for San Antonio home sellers specifically, and the realty market, generally.
Industry analysts see these data as reflecting a housing market continuing to strongly favor buyers over sellers but trending toward a more balanced market in late winter or early next spring.
That’s all for our December 2009 San Antonio realty market report. In closing, we wish you and yours the happiest of holidays and a healthy and prosperous new year.
We’re Stephanie and Randy Kelley, Realtors® at Keller Williams Legacy, San Antonio, Texas. If you have questions, need San Antonio realty or mortgage loan advice or assistance, or just want to chat, please call us at (210) 863-2661 or (210) 867-8763, or E-mail us at swkrealtor@aol.com or kelleybus@aol.com. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with our home buying or selling needs.
Visit Our Website View Our Newsletter Ask Us A Question
Across the Nation this year, home buying and selling has been interesting to say the least. Cursed with excessive foreclosures, rigid mortgage lending requirements, lackluster job markets, sluggish home sales and rapidly falling home values, is it any wonder that home buyers and sellers, not to mention their Realtors®, are tired of the curses of 2009’s interesting times.
It’s not so in San Antonio! The Alamo City will close 2009 having one of the Nation’s healthiest large metropolitan economies. Projections for 2010 indicate the area’s immediate future is highly favorable for strong economic growth, low unemployment, and a continuing strong infusion of the monetary and human resources needed to build an even more economically vibrant city.
That said, this year, San Antonio’s housing market was punched around a bit by the national economic downturn. Although home foreclosures went up and average home values went slightly down, recent Federal economic recovery initiatives (like the Tax Credit Program For Home Buyers) appear to be slowing and perhaps reversing those trends.
Here are the relevant market indicators for San Antonio single-family detached homes as of December 8, 2009:
There are 10977 active listings compared to 12603 last year. The inventory is decreasing slowly. That’s a good sign for home sellers and indicates a healthy trend toward achieving a balanced housing supply.
The average sales price for the most recent closings is $180,040 compared to $186,084 last year. The drop in average sales price has, for the most part, been driven by the purchase of a large number of less expensive properties by first time home buyers capitalizing on the recent up to $8000 First Time Home Buyer Federal Tax Credit Program. It remains to be seen how the recent continuation and expansion of the program will impact on San Antonio’s housing market.
The average cumulative days-on-the-market (CDOM) for the most recent sales is 127 compared to 117 last year. During 2009, CDOM figures have been unacceptably high, but have recently trended downward. That’s a positive sign for San Antonio home sellers specifically, and the realty market, generally.
Industry analysts see these data as reflecting a housing market continuing to strongly favor buyers over sellers but trending toward a more balanced market in late winter or early next spring.
That’s all for our December 2009 San Antonio realty market report. In closing, we wish you and yours the happiest of holidays and a healthy and prosperous new year.
We’re Stephanie and Randy Kelley, Realtors® at Keller Williams Legacy, San Antonio, Texas. If you have questions, need San Antonio realty or mortgage loan advice or assistance, or just want to chat, please call us at (210) 863-2661 or (210) 867-8763, or E-mail us at swkrealtor@aol.com or kelleybus@aol.com. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with our home buying or selling needs.
Visit Our Website View Our Newsletter Ask Us A Question
Friday, December 04, 2009
San Antonio Realtors® Know More Than Real Estate
There are always a few people in any community that seem to know everyone. In San Antonio, that’s us!
In our business of studying the San Antonio real estate market, we get to meet new people every day. We meet dentists, contractors, business owners, service people, nannies, restaurant owners, and executives. As people who meet new people, one of our favorite things is to connect people that we know.
If you are ever in need of a great recommendation for a San Antonio metropolitan area contractor, restaurant, babysitter, or anything in between, please contact us! We live in such a great community of wonderful people, and we love to help people connect to each other!
And of course, we are always your best resource for your San Antonio area real estate needs.
We’re Stephanie and Randy Kelley, Realtors® at Keller Williams Legacy, San Antonio. If you have questions, need San Antonio area realty or mortgage advice or assistance, or just want to chat, please call us at (210) 863-2661 or (210) 867-8743, or (800) 201-9145 or send us an E-mail to swkrealtor@aol.com or kelleybus@aol.com. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs.
For more information about San Antonio,
Visit Our Web Site View Our Newsletter Ask Us A Question
Coming soon, look for our new websites for San Antonio physician loans, San Antonio Army PCS, San Antonio Air Force PCS, and San Antonio Navy PCS.
In our business of studying the San Antonio real estate market, we get to meet new people every day. We meet dentists, contractors, business owners, service people, nannies, restaurant owners, and executives. As people who meet new people, one of our favorite things is to connect people that we know.
If you are ever in need of a great recommendation for a San Antonio metropolitan area contractor, restaurant, babysitter, or anything in between, please contact us! We live in such a great community of wonderful people, and we love to help people connect to each other!
And of course, we are always your best resource for your San Antonio area real estate needs.
We’re Stephanie and Randy Kelley, Realtors® at Keller Williams Legacy, San Antonio. If you have questions, need San Antonio area realty or mortgage advice or assistance, or just want to chat, please call us at (210) 863-2661 or (210) 867-8743, or (800) 201-9145 or send us an E-mail to swkrealtor@aol.com or kelleybus@aol.com. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs.
For more information about San Antonio,
Visit Our Web Site View Our Newsletter Ask Us A Question
Coming soon, look for our new websites for San Antonio physician loans, San Antonio Army PCS, San Antonio Air Force PCS, and San Antonio Navy PCS.
Tuesday, December 01, 2009
Best Market Ever For AD Military & Veterans Buying A San Antonio Home
Now that the Federal home buyer tax credit program has been expanded and improved, it’s time for San Antonio area veterans and active military personnel to profit from it. Low interest VA, FHA, Texas Vet and other financing programs, along with the tax credit, an ample new and resale home inventory, and a strong buyer’s market, give powerful incentives for present and former uniformed service home buyers to take advantage of what’s likely to be a once in a lifetime San Antonio home buying opportunity.
So, if you’re a veteran or active duty member who’s considering buying a first time home or moving from a current home, don’t miss this wonderful chance to capitalize on your government benefits.
We can help.
We’re Stephanie and Randy Kelley, Realtors® at Keller Williams Legacy, San Antonio. If you have questions, need San Antonio area realty or mortgage advice or assistance, or just want to chat, please call us at (210) 863-2661 or (210) 867-8743, or send an E-mail to swkrealtor@aol.com or kelleybus@aol.com. Our Realty Solutions Team is always ready to help you with your home buying or selling needs. For more information about San Antonio real estate, you can
Visit My Web Site View My Newsletter Ask Me A Question
So, if you’re a veteran or active duty member who’s considering buying a first time home or moving from a current home, don’t miss this wonderful chance to capitalize on your government benefits.
We can help.
We’re Stephanie and Randy Kelley, Realtors® at Keller Williams Legacy, San Antonio. If you have questions, need San Antonio area realty or mortgage advice or assistance, or just want to chat, please call us at (210) 863-2661 or (210) 867-8743, or send an E-mail to swkrealtor@aol.com or kelleybus@aol.com. Our Realty Solutions Team is always ready to help you with your home buying or selling needs. For more information about San Antonio real estate, you can
Visit My Web Site View My Newsletter Ask Me A Question
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