NEWS FOR SAN ANTONIO HOME BUYERS AND SELLERS

IF YOU'RE LOOKING TO BUY OR SELL A SAN ANTONIO, TEXAS, HOME, VISIT US AT SANANTONIOHOMEQUEST.COM.

From Steven Gragg, Broker at Keller Williams Legacy, here's the latest news of interest to San Antonio area homeowners and home buyers and sellers:

1.  Wall Street Journal…Rising Home Sales support the case for housing recovery.  The index for pending sales rose in May to match March, which was the highest point in 2 years.  They rose 5.9% from April and 13.3% above a year ago.
2. A developer plans a 400 unit apartment complex on Stone Oak Parkway on 27 acres between Canyon Golf Road & U.S. 281.
3. US 281 to get $100M fast lanes.  The high-speed fast lanes will be for buses and carpool lanes.  Other drivers who pay could us the lanes also.  Plan with tolls on expanded Loop 1604 and US 281 approved.
4. Texas factories boomed in June posting the best showing in 15 months.
5. United Health care SA center plans to add 250 jobs.
6. CNN Money named the nation’s most business friendly cities.  SA came in 3^rd.

News For San Antonio Home Buying And Selling

IF YOU ARE BUYING OR SELLING A SAN ANTONIO, BULVERDE, OR ALAMO CITY MILITARY BASE AREA HOME, VISIT US AT SANANTONIOHOMEQUEST.COM.

Here’s the latest news from Steven Gragg, Broker at Keller Williams Legacy, San Antonio.

1. Sand Storage plant to service the Eagle Ford Shale is being built in the booming southwest corner of Bexar County (Loop 410 & IH 35). One of the hottest areas for industrial development. It’s not far from Lackland Air Force Base.


2. Bexar Foreclosures YTD are down 6% and well below 2010 record year.


3. Foreign buyers snap up properties in the U.S. International buyers accounted for $82.5 billion or 8.9% of residential sales last year up 24% over the previous year. 55% of all sales occurred in Florida, California, Texas, Arizona and New York.


4. 5-Year forecast sees jobs booming. SA is listed as one of 8 U.S. cities with surprising job growth over the next 5 years. SA should expect 150,000 more jobs to be added over this time.

LOOKING TO BUY OR SELL A SAN ANTONIO, BULVERDE, OR  MILITARY BASES AREA HOME? VISIT SANANTONIOHOMEQUEST.COM Dear Friends, Join us for our Corn and Potato Chowder special, our Herb Marinated Pork  Tenderloin en Croute with Wild Mushroom Duxelles and a Cherry Demi  Glace entree special or our Pan Seared Sea Bass over Feta Mashed  Potatoes with an Olive, Heirloom Tomatoes and Fresh Basil Relish entree  special. Stop by Sunday from 11am-2pm for our Brunch Buffet. The menu will  include a salad bar, sides, hot entrees and so much more! The price   for a child’s buffet (under 10) is $6.00 and an adult buffet is $12.95. Make plans now to attend our Italian Wine Dinner on June 28th. Call  830-438-2747 for more details or to make your reservation. Bon Appétit, Chef Mike

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San Antonio Realty In The News

San Antonio Realty In The News

• SA continues with strong growth...SA Air opens new center and will add 322 jobs...SA call center hiring again 125 by Aug 1st...Waterless fracking firm moving here from Canada to hire 100
• Ramen noodle maker plans to build a plant on the SW side of SA. Could hire up to 600
• Express real estate "Local Home Prices, Sales are on the Rise". The median price rose 4.8% in May and sales were up 3.8%. YTD sales are up 6.2%. We have a 6.9 month supply of homes

Looking to buy or sell a San Antonio, Texas, area home, then visit sanantoniohomequest.com - the number one site for Alamo City realty research.

San Antonio Father's Day Lunch Specials

LOOKING TO BUY OR SELL SAN ANTONIO REAL ESTATE?
VISIT SANANTONIOHOMEQUEST.COM.

Dear Friends, This Father's Day, June 17th, join us for a special brunch buffet, featuring Omelets,  BBQ Ribs, Herb Roasted Chicken, French Toast and Salmon, plus, fresh sides like our Loaded Mashed Potatoes, Corn on the Cob, Garden Salad, Shrimp Pasta Salad and Tropical Fruit Salad. For dessert, enjoy White Chocolate Bread Pudding with  Rum Sauce or our New York Style Cheesecake. Email us or call 830.438.2747 to make a reservation. Bon Appetite, Chef Mike

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For the 4th time in as many years, the group at Keller Williams, Legacy (where I work) sponsored a BBQ benefiting the Children's Shelter of San Antonio.  It's called Grillin' on the Lot and with today's temperatures reaching around 100 degrees, there was a lot more "grillin" than just the BBQ.  The amazing volunteers braved the heat and raised quite a bit of money for the Children's Shelter. They were still counting a few minutes ago and even before the profits from all the desserts (generously donated by agents at the office) the amount has surpassed last years' event. 

I am proud to be part of  an organization that supports a worthy cause and gives back to the community.  You can learn more about the Children's Shelter by visiting their website. 

Christmas in July  to benefit the shelter is the next event that Keller Williams, Legacy will be sponsoring.  If you are in our area, please drop by our office with your donations - anytime during the month of July.  We have a big bin that is located by the front desk.  Drop by and say Hi!   Diapers, toiletries, gift cards and cash donations are always welcome.  There is a detailed list of wish items and ways that you can help at the website.

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I am Stephanie Kelley, Realtor® at Keller Williams Legacy, San Antonio, Texas. If you have questions about San Antonio real estate or just want to chat a bit about our wonderful Alamo City, please call me at or (210) 867-8743, or E-mail me at swkrealtor@aol.com Our experienced Realty Solutions Team is always ready to help you with your home buying or selling needs. Visit me at http://SanAntonioHomeQuest.com

June 2012 San Antonio Home Sales Report

It’s summer in San Antonio.  After a marvelously green spring, the weather has turned typically hot and dry.

   

Does the Alamo City’s residential realty market match the weather? The answer is yes and no. Homes sales are hot, but the market isn’t in any sense dry.

During the first months of this year, home sales activity was very healthy, leading many realty analysts to believe that San Antonio has fully recovered from the minimal home sales downturn experienced during the recent great national recession.

Now, in early June, key residential realty market indicators are all exceptionally positive for the Alamo City and surrounding communities.

Specifically, compared to June 2011:

Pending home sales are up 11%

List prices are up 6.7%

Latest closed sale prices are up 7%

The median sales price for the most recently closed homes is up 5%

So, why is San Antonio’s residential realty market so vibrant this year?

Because of its solid economic and demographic foundations, San Antonio remains one of the nation’s bright spots for home ownership and rental investments. Affordable mortgage availability is high for those who can qualify, mortgage interest rates are historically low, and the area continues to receive an influx of retiree families, job seekers, and military and corporate relocation buyers eager to take advantage of San Antonio’s well priced homes.  Significantly, ongoing development of the nearby Eagle Ford Oil Shale Field is infusing previously unimagined money and manpower into the area.

What does such good news mean for home sellers and buyers?

The area’s months long home buyers’ market is essentially dead. The residential listing inventory is relatively low and homes are selling well, particularly in the moderately to higher priced subdivisions in San Antonio’s north, northeast, and northwest sectors.

The advantage goes to sellers willing to beat out the competition by expending the resources needed to put their homes in prime market condition.

Both buyers and sellers should keep this in mind. Those willing to negotiate realistically based on San Antonio’s market realities are the ones most likely to leave the closing table the most satisfied.

That’s all for our June 2012 San Antonio realty market report. We encourage reader comments and recommendations about how to make our reports more informative and useful.

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 a bit about our wonderful Alamo City, please call us at (210) 863-2661 or (210) 867-8743, 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 your home buying or selling needs.