Saturday, March 10, 2012

San Antonio Homes For Sale News

Here's the latest San Antonio Homes for sale news from the desk of Steven Gragg, Realty Broker at Keller Williams Legacy, San Antonio, Texas.
  • Of the top 10 metro areas for job growth through 2020, the United States Bureau of Labor Statistics ranked San Antonio as 10th on the list. The only other Texas city is El Paso - #5.
  • Only two U.S. metro areas have had increased home values since 2007. Both are Texas cities - Houston 4.8% rise and San Antonio reported a 2.7% increase.
  • The Dow Jones Industrial Average is above 13,000. Great for home buying and selling morale.
  • Southwest Airlines plans to bring 322 new jobs to San Antonio.
Mortgage Update
FHA is boosting the cost of its mortgage fee. The upfront mortgage insurance premium (MIP) will increase 75 basis points, meaning 30 year single family FHA loans will be more costly. It will increase the payment on a typical $150,000 loan by $5 per month. Goes into effect 1 April 2012.
John Nichols at Alterra Mortgage has some great weekend rates. Call (210) 789-2870. Alterra is offering 100% FHA loans.
Go to our website at sanantoniohomequest.com to find San Antonio MLS listings.
We specialize in providing the finest in realty services. Contact us for more information or an appointment to list a property or visit any San Antonio area residential listing.
This blog is brought to you by
Stephanie and Randy Kelley, Realtors
Professional Real Estate Analysts and Negotiators
(210) 863-2661 or (210) 867-8743
The http://sanantoniohomequest.com Realty Solutions Team
Keller Williams Legacy
San Antonio, Texas

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