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Here's the latest realty related news from Steven Gragg, Broker at Keller Williams Legacy, San Antonio, Texas.
- At its Family Reunion Convention last weekend, Keller Williams Realty's corporate management announced that Keller Williams has overtaken all other real estate companies in America as the number one company for total agents.
- In the San Antonio MLS area, Keller Williams currently leads all other brokerages for realty sales production.
- This is an item of interest for readers looking for homes for sale or to sell a home in the south San Antonio area. A new 1000 acre rail yard is in the works just south of the city. The Mission Rail Park has just broken ground and should open by mid-summer of this year. It is located south of Loop 1604 off highway128 & Gillette Rd.
- According to the San Antonio MLS, home sales are up nearly 24% over January of last year with the median price up 3.3% to $149,000 and average sales price up 4% to $183,000. Average days on the market is 89. Months of inventory is at 5.1 and the market is presently leaning toward sellers. The months of available home inventory is expected to increase in coming weeks as spring season listings are added to the MLS and the corporate and military relocation season heats up.
- The home foreclosure rate in the San Antonio area is decreasing dramatically. March postings are down 36.6% over last year. In the preceding three months , foreclosures were down 41%, 35% and 34%, respectively.
- "Saudi Texas" is the Lone Star State’s new nickname. Texas has become competitive with the Middle East as oil production in November jumped to an average of 2.139 million barrels a day - the most in over 25 years. The steadily increased production in the Eagle Ford Shale oil play area south of San Antonio has caused caused the state’s output to double.
- Keller Williams Legacy for realiable realty advice and assistance and the best MLS listings search engine.
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