NEWS FOR SAN ANTONIO HOME BUYERS AND SELLERS

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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.