Sunday, June 23, 2013

San Antonio Homes For Sale With Pool, 24915 Player Oaks, Summerglen, Bexar County

This one's special.  It's a 3054 square foot, 3 bedroom, 2 full bath, 2 half bath, 2 car garage home with pool in the beautiful Texas Hill Country Summerfield subdivision in Bexar County.  It's within easy commute distance to San Antonio, New Braunfels, Randolph AFB, and Fort Sam Houston.  Click to sanantoniohomequest.com  for pictures and more information.

The property is presented by Stephanie Kelley, Realtor® , Keller Williams Legacy, San Antonio Texas.  Call Stephanie at (210) 863-2661 for more information about, or to schedule a showing of , this or any San Antonio area home for sale.

Saturday, June 15, 2013

San Antonio Texas Home Buying And Selling In June 2013

LATEST SAN ANTONIO RESIDENTIAL REAL ESTATE NEWS

San Antonio home sales are booming with a 31% jump in May compared to May 2012.  The May 2013 home sale total is the best in five years.  Year to date, there's a 19% increase in sales.  Because there's only a 5.1 month inventory of available homes, the San Antonio residential market is solidly in the seller's market category.  The most recently sold listings are averaging only 78 days on the market.  The best prepared homes are selling much quicker, many with multiple simultaneous offers.  The median listing price is now $174,000 up 7% from last year.  The most recent average sales price is $216,940 up 10%from last year.  Year to date, the average sales price is up 6%.  Homes over $500,000 made up 4.6% of market, which is big increase.

Lenders are foreclosing on fewer homes. Bexar county foreclosures continue to slide, receding to levels that have not been seen since 2007. In July,only 664 properties were  posted for potential foreclosure compared to 1173 in July of last year.  That's a highly significant 43% decline. Year to date, San Antonio has seen 5305 foreclosure postings compared to 8398 in 2012 versus 9095 in 2011.  That's a huge decline and a solid indicator of the improving health of San Antonio and Bexar County home ownership.

If you need to know more about  San Antonio area home buying or selling, contact Randy Kelley (210) 863-2661 or Stephanie Kelley (210) 867-8743 or visit their sanantoniohomequest.com website.

Stephanie and Randy are Realtors®  at Keller Williams Legacy.  They serve San Antonio, Bexar County, and the surrounding South Texas counties.

Saturday, June 01, 2013

News For San Antonio Home Buying And Selling


In the first week of June 2013, there are things happening locally and nationally that will likely influence San Antonio home buying and selling through this summer and early fall.
  1. Home contracts across the U.S. ticked up slightly in April to the highest level in 3 years. The national trend is mirrored by a double digit increase in May San Antonio homes sales over May 2012.
  2. Mortgage rates edged up slightly this past week…30 yr at 3.81% and 15 yr at 2.98%.  The increase in mortgage rates seems unlikely to cool San Antonio's hot realty market.
  3. Nationally, foreclosures have plunged to a 5-year low, with the first quarter down 23% from last year. San Antonio area foreclosures have also decreased dramatically.
  4. Eagle Ford Shale oil output is up 77% over last year. It has now topped over 500,000 barrels a day. The State produced 2.3 million barrels a day in February. Oil field production in the Eagle Ford shale counties south and east of San Antonio has caused an influx of oil industry relocations to San Antonio area and is a contributor to this year's shortage of homes for sale.
If you are looking to buy or sell a San Antonio area home, or want to know more about local residential conditions, contact Randy Kelley (210) 863-2661 or Stephanie Kelley (210) 867-8743, or visit their website at sanantoniohomequest.com.

Randy and Stephanie are Realtors® at Keller Williams Legacy, San Antonio.