Wednesday, January 09, 2013

9 January 2013 San Antonio Real Estate In The News



Here's the latest San Antonio real estate news from Keller Williams Legacy, San Antonio's premier residential realty broker.



Home Prices Up in Big U.S. Cities.


Home prices rose in most major cities compared to 1 year ago. Home prices increased 4.3% - the largest year-over-year increase in 2.5 years. Phoenix, Arizona, leads all cities with a 21.7% increase.

Home Sales At Highest Point Since 2010.

According to the National Association of Realtors®, (NAR), home sales are at the highest point since April 2010 when we had a tax credit pushing sales.

Modern Look Is In For 2013

As trends come and go, the modern look is the trend for 2013.  There is a growing market for more contemporary, energy efficient homes with open floor plans that lead into functional outdoor spaces. Formal living and dining areas continue to go away.

The San Antonio Area Housing Market Is Upbeat

Low mortgage rates coupled with increases in new home construction and sales are expected to fuel a growing housing market in SA area this year. It's anticipated that new home builds and existing home resales  will rise between 10-15% in 2013. While home values which climbed by 3% last year, they are expected to climb faster this year.

San Antonio Apartment Sales Are Booming

2012 was  a hot year for San Antonio Apartment Sales. Fifty-five apartment complexes sold through October 2, 2012, for a sales volume of $605.8 million - one of the best apartment sales years on record for San Antonio.

Looking to buy or sell a San Antonio area home, visit sanantoniohomequest.com for the best advice, assistance, and realty search engine technology. 







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