This is a little off topic, but looking ahead to Valentine's Day on Sunday, February 14th, here's some information that might come in handy if you're searching for San Antonio's most romantic restaurants. Click for the list.
Outside the city, but close enough for a short drive to wonderful downtown Bulverde, is Mike's in the Village, a bistro and wine bar. Mike's features some of the San Antonio area's best food in an intimate, cozy old town setting. It's a great place for a Valentine's Day get away. Click to visit Mike's website.
Back to San Antonio real estate, visit us at sanantoniohomequest.com for all your realty needs. We're Stephanie and Randy Kelley, Realtors at Keller Williams Legacy, San Antonio. You can call us at (210) 863-2661, (210) 867-8743, or (800) 201-9145 or E-mail us at kelleybus@aol.com or swkrealtor@aol.com.
Friday, January 29, 2010
Wednesday, January 27, 2010
Where's San Antonio's Realty Market Going!
What's happening in this year's San Antonio's mid-winter realty market? It's relatively active right now and seems to be drifting toward a very active spring season. Typically, that means there will be more homes for sale, list prices will increase, and sales volume will likely be higher than usual especially this year because buyers will be rushing to take advantage of the Federal home buyer tax credit programs. As for the summer realty market season, it's too early to tell if it will more or less active than usual, but, undoubtedly, activity will be dependent on the success or failure of national economic recovery initiatives.
April 30, 2010 is an important date for home sellers and buyers to keep in mind. Why? Under the new law, an eligible taxpayer must buy, or enter into a binding contract to buy, a principal residence on or before April 30, 2010 and close on the home by June 30, 2010 to qualify for claiming the Federal home buyer tax credit benefits. Consequently, anyone seriously contemplating selling a home this year should get the property on the market right away, particularly if it's worth $200,000 or less. That's a high demand price category for San Antonio homes and, if a home is in good condition, it's likely to sell quickly.
Anyone wanting to buy a home this year should move fast to avoid missing the 30 April deadline. Of course, before jumping into a purchase agreement, a buyer should consult a Realtor® or visit the tax credit website to make sure he or she qualifies for the credit.
Aside from the home buyer tax credit issue, here's something about San Antonio's annual realty market cycle that both home sellers and buyers should keep in mind. Decades of recorded sales data prove conclusively that market activity usually peaks in May, June, or July, then falls off rapidly after August. List prices usually adjust downward during the fall and early winter selling season, available home inventory usually goes down, days on the market will increase, and there will be far fewer monthly closings than during the summer peak season. After a long winter's rest, the market will start stirring again in February and March.
Realtor® and consumer comments and opinions are, as always, solicited about this, or any article, posted on this blog. We love to discuss and don't mind a fuss. The more views and news we can solicit, the better.
We're Stephanie and Randy Kelley, Realtors® at Keller Williams Legacy. Visit our SanAntonioHomeQuest.com website for anything and everything San Antonio realty. If you have questions, need realty or mortgage loan advice or assistance, or just want to chat, call us at (800) 201-9145, (210) 863-2661, or (210) 867-8743, or E-mail us at kelleybus@aol.com or swkrealtor@aol.com.
April 30, 2010 is an important date for home sellers and buyers to keep in mind. Why? Under the new law, an eligible taxpayer must buy, or enter into a binding contract to buy, a principal residence on or before April 30, 2010 and close on the home by June 30, 2010 to qualify for claiming the Federal home buyer tax credit benefits. Consequently, anyone seriously contemplating selling a home this year should get the property on the market right away, particularly if it's worth $200,000 or less. That's a high demand price category for San Antonio homes and, if a home is in good condition, it's likely to sell quickly.
Anyone wanting to buy a home this year should move fast to avoid missing the 30 April deadline. Of course, before jumping into a purchase agreement, a buyer should consult a Realtor® or visit the tax credit website to make sure he or she qualifies for the credit.
Aside from the home buyer tax credit issue, here's something about San Antonio's annual realty market cycle that both home sellers and buyers should keep in mind. Decades of recorded sales data prove conclusively that market activity usually peaks in May, June, or July, then falls off rapidly after August. List prices usually adjust downward during the fall and early winter selling season, available home inventory usually goes down, days on the market will increase, and there will be far fewer monthly closings than during the summer peak season. After a long winter's rest, the market will start stirring again in February and March.
Realtor® and consumer comments and opinions are, as always, solicited about this, or any article, posted on this blog. We love to discuss and don't mind a fuss. The more views and news we can solicit, the better.
We're Stephanie and Randy Kelley, Realtors® at Keller Williams Legacy. Visit our SanAntonioHomeQuest.com website for anything and everything San Antonio realty. If you have questions, need realty or mortgage loan advice or assistance, or just want to chat, call us at (800) 201-9145, (210) 863-2661, or (210) 867-8743, or E-mail us at kelleybus@aol.com or swkrealtor@aol.com.
Monday, January 25, 2010
25 January 2010 San Antonio Real Estate News You Can Use
Jennifer Hiller reports in the San Antonio Express News about the positive impact the new J.W. Marriott San Antonio Hill Country Resort & Spa has had, and will have, on north side San Antonio growth. Click to read Jennifer's article. It's super news for homeowners in the area, especially golfers.
If you're keeping up with the national realty and mortgage news, nothing beats RealtyTimes' weekly webcast. Go here for some very informative viewing.
Visit our SanAntonioHomeQuest.com website for anything and everything San Antonio realty. If you have questions, need realty or mortgage loan advice or assistance, or just want to chat, call us at (800) 201-9145, (210) 863-2661, or (210) 867-8743, or E-mail us at kelleybus@aol.com or swkrealtor@aol.com.
If you're keeping up with the national realty and mortgage news, nothing beats RealtyTimes' weekly webcast. Go here for some very informative viewing.
Visit our SanAntonioHomeQuest.com website for anything and everything San Antonio realty. If you have questions, need realty or mortgage loan advice or assistance, or just want to chat, call us at (800) 201-9145, (210) 863-2661, or (210) 867-8743, or E-mail us at kelleybus@aol.com or swkrealtor@aol.com.
Sunday, January 24, 2010
24 January 2010 San Antonio Real Estate News You Can Use
In 2009, the most popular loan in the San Antonio area was likely a FHA loan. This year, FHA loans will be more costly than last year. Alan Zibel, the Associated Press (AP) real estate writer has written a very easy to read article about the he increased FHA fees. Click to read his article entitled "Federal Housing Administration to Raise Fees."
Summarizing the fee increases:
Summarizing the fee increases:
- the up front mortgage incurance premium (MIP) fee has risen from 1.75% to 2.25% of the loan
- the minimum credit score requirement is now 580, however some FHA lenders might accept a lower score, but only if the buyer places more money down
Friday, January 22, 2010
22 January 2010 San Antonio Real Estate News You Can Use
The San Antonio Business Journal reports "Sitterle Homes has bucked a national trend in the residential real estate market" by "wrapping up a successful sales year in 2009." Sitterle is one of the San Antonio's oldest and most highly respected new home builders. Sitterle has been in business over 45 years and is one of the area's few remaining locally owned and operated residential construction enterprises. Most of the others were acquired in recent years by large national home building corporations. Click to read the article.
The San Antonio Express News carries an interesting article of local and outside job seekers. It reports that "three companies based in the San Antonio area are ranked among the “100 Best Companies to Work For” for 2010 in the Feb. 8 issue of Fortune magazine." The companies are NuStar Energy L.P. (ranked number 21), the Scooter Store (ranked number 38), and USAA (ranked number 45). This is just another example of recent high ratings received by members of San Antonio's business community. Click to read the article.
If you have questions or comments about this blog or if you need realty or mortage loan advice or assistance, please contact us.
Here's how we serve you. If you are a home buyer, our goal is to help you find the best property, in the best neighborhood for the best price and under terms and conditions most favorable to you.
If you’re a home seller, our goal is optimize your selling power by helping you price your property competitively and by promoting it extensively via a broad array of highly effective realty marketing techniques.
We’re Stephanie and Randy Kelley, Realtors® at Keller Williams Legacy, San Antonio. Call us at (210) 863-2661 or (210) 867-8743 or (800) 201-9145 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.
Visit Our Website Read Our Newsletter Ask Us A Question
The San Antonio Express News carries an interesting article of local and outside job seekers. It reports that "three companies based in the San Antonio area are ranked among the “100 Best Companies to Work For” for 2010 in the Feb. 8 issue of Fortune magazine." The companies are NuStar Energy L.P. (ranked number 21), the Scooter Store (ranked number 38), and USAA (ranked number 45). This is just another example of recent high ratings received by members of San Antonio's business community. Click to read the article.
If you have questions or comments about this blog or if you need realty or mortage loan advice or assistance, please contact us.
Here's how we serve you. If you are a home buyer, our goal is to help you find the best property, in the best neighborhood for the best price and under terms and conditions most favorable to you.
If you’re a home seller, our goal is optimize your selling power by helping you price your property competitively and by promoting it extensively via a broad array of highly effective realty marketing techniques.
We’re Stephanie and Randy Kelley, Realtors® at Keller Williams Legacy, San Antonio. Call us at (210) 863-2661 or (210) 867-8743 or (800) 201-9145 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.
Visit Our Website Read Our Newsletter Ask Us A Question
Thursday, January 21, 2010
21 January 2010 San Antonio Realty News You Can Use
There's a very timely San Antonio Express News article addressing the recent strong upturn in San Antonio’s residential realty market. Click to read the article.
On the downturn side, the San Antonio Express News carries an Associated Press (AP) article reporting that, nationally, home building fell 4% in December. Click to read the article. Although the the AP article doesn't specifically address San Antonio's new home market, San Antonio area buyers can expect to find a lower than usual inventory of new construction homes this spring.
Weakened new home competition will be a welcome incentive for San Antonio area homeowners contemplating selling their homes. Consequently, the shortage of new construction homes will likely be offset by an ample inventory of newly listed resale homes.
It's currently a buyers' market and, all things considered, the market will likely favor buyers at least into the summer.
If you have questions or comments about this blog or if you need realty or mortage loan advice or assistance, please contact us.
Here's how we serve you. If you are a home buyer, our goal is to help you find the best property, in the best neighborhood for the best price and under terms and conditions most favorable to you.
If you’re a home seller, our goal is optimize your selling power by helping you price your property competitively and by promoting it extensively via a broad array of highly effective realty marketing techniques.
We’re Stephanie and Randy Kelley, Realtors® at Keller Williams Legacy, San Antonio. Call us at (210) 863-2661 or (210) 867-8743 or (800) 201-9145 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.
Visit Our Website Read Our Newsletter Ask Us A Question
On the downturn side, the San Antonio Express News carries an Associated Press (AP) article reporting that, nationally, home building fell 4% in December. Click to read the article. Although the the AP article doesn't specifically address San Antonio's new home market, San Antonio area buyers can expect to find a lower than usual inventory of new construction homes this spring.
Weakened new home competition will be a welcome incentive for San Antonio area homeowners contemplating selling their homes. Consequently, the shortage of new construction homes will likely be offset by an ample inventory of newly listed resale homes.
It's currently a buyers' market and, all things considered, the market will likely favor buyers at least into the summer.
If you have questions or comments about this blog or if you need realty or mortage loan advice or assistance, please contact us.
Here's how we serve you. If you are a home buyer, our goal is to help you find the best property, in the best neighborhood for the best price and under terms and conditions most favorable to you.
If you’re a home seller, our goal is optimize your selling power by helping you price your property competitively and by promoting it extensively via a broad array of highly effective realty marketing techniques.
We’re Stephanie and Randy Kelley, Realtors® at Keller Williams Legacy, San Antonio. Call us at (210) 863-2661 or (210) 867-8743 or (800) 201-9145 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.
Visit Our Website Read Our Newsletter Ask Us A Question
Tuesday, January 19, 2010
San Antonio Resident Doctors 100% Mortgage Loans
There’s a new 100% home mortgage program available for San Antonio resident doctors.
After the Bank of America Physician Loan Program was suspended in March, 2009, it became virtually impossible for San Antonio area physicians to obtain 100% home mortgage loan financing. Now, there’s good news! A new program has just opened up that’s specifically designed to help qualified physicians, including medical students and residents, acquire a San Antonio area home.
The program offers:
100% financing - no money down
no private mortgage insurance (PMI)
lower monthly payments
thousands saved over the life of the loan
more home for income
Easy qualification and special underwriting for physicians with good credit allows:
student loans deferred for months are NOT counted in qualifying ratios
purchase before starting a new position
qualifying using future income
purchase of ingle family homes, town homes, lofts, and condos
It’s a great opportunity for members of San Antonio’s medical community. For more information, 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.
Visit Our Web Site View OurNewsletter Ask Me A Question
After the Bank of America Physician Loan Program was suspended in March, 2009, it became virtually impossible for San Antonio area physicians to obtain 100% home mortgage loan financing. Now, there’s good news! A new program has just opened up that’s specifically designed to help qualified physicians, including medical students and residents, acquire a San Antonio area home.
The program offers:
100% financing - no money down
no private mortgage insurance (PMI)
lower monthly payments
thousands saved over the life of the loan
more home for income
Easy qualification and special underwriting for physicians with good credit allows:
student loans deferred for months are NOT counted in qualifying ratios
purchase before starting a new position
qualifying using future income
purchase of ingle family homes, town homes, lofts, and condos
It’s a great opportunity for members of San Antonio’s medical community. For more information, 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.
Visit Our Web Site View OurNewsletter Ask Me A Question
Saturday, January 16, 2010
What's In Store For San Antonio's 2010 Home Buyer?
If you’re you’re hoping to buy a San Antonio area home in 2010, congratulations! You’ll find a housing market that decidedly gives you a buyer’s advantage.
Why? There’s a large inventory of quality resale homes. Although creeping upward, mortgage loan rates remain at a near historic low. For those who qualify, the Federal government’s home buyer incentive program is literally paying people to buy homes. There’s more information about that program here:
http://www.realtor.org/home_buyers_and_sellers/2009_first_time_home_buyer_tax_credit
There’s a slight downside if you’re hoping to purchase a new construction home. The inventory of available newly built homes is unusually low. Consequently, if the new home demand outpaces supply, the builders will likely offer fewer buyer incentives.
San Antonio’s exceptionally vibrant economy and perennially stable housing market make it hard to resist buying a home here, so, don’t try - buy!
We’re here to help. Our goal is to help you find you the best home, in the best neighborhood, for the best price, and under terms and conditions most favorable for you.
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 (210) 867-8743 or (800) 201-9145, 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.
Visit Our Website Read Our Newsletter Ask Us A Question
Why? There’s a large inventory of quality resale homes. Although creeping upward, mortgage loan rates remain at a near historic low. For those who qualify, the Federal government’s home buyer incentive program is literally paying people to buy homes. There’s more information about that program here:
http://www.realtor.org/home_buyers_and_sellers/2009_first_time_home_buyer_tax_credit
There’s a slight downside if you’re hoping to purchase a new construction home. The inventory of available newly built homes is unusually low. Consequently, if the new home demand outpaces supply, the builders will likely offer fewer buyer incentives.
San Antonio’s exceptionally vibrant economy and perennially stable housing market make it hard to resist buying a home here, so, don’t try - buy!
We’re here to help. Our goal is to help you find you the best home, in the best neighborhood, for the best price, and under terms and conditions most favorable for you.
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 (210) 867-8743 or (800) 201-9145, 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.
Visit Our Website Read Our Newsletter Ask Us A Question
Monday, January 11, 2010
January 11, 2010 San Antonio Realty News You Can Use
Click to see RealtyTimes' latest webcast addressing the status of the national real estate market. That's the big picture.
To focus in on San Antonio's realty market, click to see a very timely SanAntonioExpressNews article about San Antonio's realty market trends.
Check out our website for latest listings and other good stuff about San Antonio real estate.
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.
Visit Our Web Site View Our Newsletter Ask Me A Question
To focus in on San Antonio's realty market, click to see a very timely SanAntonioExpressNews article about San Antonio's realty market trends.
Check out our website for latest listings and other good stuff about San Antonio real estate.
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.
Visit Our Web Site View Our Newsletter Ask Me A Question
Thursday, January 07, 2010
100% Mortgage Program For San Antonio Physician Home Buyers
There’s a new 100% home mortgage program available for San Antonio physicians.
After the Bank of America Physician Loan Program was suspended in March, 2009, it became virtually impossible for San Antonio area physicians to obtain 100% home mortgage loan financing. Now, there’s good news! A new program has just opened up that’s specifically designed to help qualified physicians, including medical students and residents, acquire a San Antonio area home.
The program offers:
100% financing - no money down
no private mortgage insurance (PMI)
lower monthly payments
thousands saved over the life of the loan
more home for income
Easy qualification and special underwriting for physicians with good credit allows:
student loans deferred for months are NOT counted in qualifying ratios
purchase before starting a new position
qualifying using future income
purchase of ingle family homes, town homes, lofts, and condos
It’s a great opportunity for members of San Antonio’s medical community. For more information, 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.
Visit Our Web Site View OurNewsletter Ask Me A Question
After the Bank of America Physician Loan Program was suspended in March, 2009, it became virtually impossible for San Antonio area physicians to obtain 100% home mortgage loan financing. Now, there’s good news! A new program has just opened up that’s specifically designed to help qualified physicians, including medical students and residents, acquire a San Antonio area home.
The program offers:
100% financing - no money down
no private mortgage insurance (PMI)
lower monthly payments
thousands saved over the life of the loan
more home for income
Easy qualification and special underwriting for physicians with good credit allows:
student loans deferred for months are NOT counted in qualifying ratios
purchase before starting a new position
qualifying using future income
purchase of ingle family homes, town homes, lofts, and condos
It’s a great opportunity for members of San Antonio’s medical community. For more information, 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.
Visit Our Web Site View OurNewsletter Ask Me A Question
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