Wednesday, June 27, 2012

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.

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