San Antonio, Texas, Mortgage Rates for 11 October 2013

Looking to buy or sell a San Antono, Texas, area home, then visit sanantoniohomequest.com .   Now, here, the San Antonio Mortgage Rates news from Homewood Mortgage for 11 October 2013.   You'll be happy with these Low Rates & Low Fee Loans.  Also let your your friends and family know that we'll beat any deal on rates, fees and service.   We are from Texas, We are operated in Texas, and We are Texas Strong!    All Loans close on-time and within 30 Days or less. Most Loans are closing within 15 days.   Refinance Rates & Purchase Rates could be lower.  Call me to discuss.    Rates are rocking!   Have a Great Weekend!   30 yr Conventional 4.125% - 0 Discount Points - 0 Origination 15 yr Conventional 3.25% - 0 Discount Points - 0 Origination 20 yr Conventional 4.125% - 0 Discount Points - 0 Origination 10 yr Conventional 3.375% - 0 Discount Points - 0 Origination 30 yr FHA 3.75% - 0 Discount Points - 0 Origination 15 yr FHA 3.25% - 0 Discount Points - 0 Origination 30 yr USDA 4.125% - 0 Discount Points - 0 Origination 30 yr VA 3.75% - 0 Discount Points - 0 Origination 15 yr VA 3.25% - 0 Discount Points - 0 Origination Jumbo 30 yr Fixed 4.625% - 0 Discount Points - 0 Origination Jumbo 15 yr Fixed 4.0% - 0 Discounts Points - 0 Origination Jumbo 7/1 ARM 3.75% - 0 Discount Points - 0 Origination Jumbo 5/1 ARM 3.25% - 0 Discount Points - 0 Origination     Your Locally Owned and Operated Texas Mortgage Banker    * These rates are based on a estimated loan amount of $241,250 or above and roughly 4.17% to 5.809% APR depending on loan program. Rates are also subject to change without notice. FHA requires 3.5% down. Conventional requires 5% down. Jumbo requires 20% down up to $1Million. Jumbo APR is estimated 4.771% Some rates are based on a 740 credit score or higher. Some loans require lower LTV, call for details.

Services Provided: FHA VA USDA Construction Loans Conventional Jumbo Down Payment Assistance Programs Our Commitment to You: On-Time Closings Excellent Communication Call's Returned Promptly Phone Calls answered on Weekends Good Interest Rates Reasonable Closing Costs 24/7 On-Line Applications @ www.mikeclover.com

Mike Clover Mortgage Banker Homewood Mortgage, LLC Toll FREE: 1-800-223-7409 O: 469-438-5587 F: 972-767-4370 NMLS# 234770 Web: www.mikeclover.com E-mail: mike@mikeclover.com     Call for Super Service!!

 

San Antonio Homes For Sale Report October 2013

Like the weather, San Antonio's realty "hot season" typically ends in September. In October, falling leaves and falling temperatures are accompanied by falling home sales activity.

It's to be expected. San Antonio's realty market usually runs in a predictable seasonal cycle. The lowest sales month is January, the higher sales season kicks off in March and usually peaks in June, and, after school starts in August, the market draws down in a leisurely fashion through the fall and early winter months.

But, so far, this year's cycle has hardly been typical. Home sales peaked very early - in May. The market remained highly active throughout the summer, with sales volume approaching the pre-Great Recession historic highs of 2006 and 2007. Now, in October, homes sales are trending downward on a scale more characteristic of a typical off season San Antonio market.

A recent survey of San antonio realty agents revealed some interesting observations about the future of the area's near term housing market. Many agents saw a slowing trend caused by buyer concerns about rising mortgage interest rates, increasingly stringent loan qualification requirements and continuing concerns about the slowness of the nation's economic recovery.

Other agents were much more optomistic, citing the strength of San antonio's economy, increased demand from buyers exiting the area's rental market, and a rush by buyers to purchase a home before rising mortgage interest rates hit 5% .

Setting aside local concerns, respected state and national level realty analysts are confident that, barring unforeseen factors, San Antonio's realty market will breeze through the expected seasonal cool-down and come back even stronger in the spring.

Why?

The area's job growth is excellent.

Its unemployment rate is relatively low.

San Antonio/Bexar County is first in the state and fourth in the nation for the largest net inflow of households — a total of 5,601 families in 2012.

Recognizing that San Antonio is one of the nation's top 25 cities for global trade, many corporations are relocating their operations and/or headquarters to San Antonio.

Just south of the city, the developing Eagle Ford shale oil fields are fueling an economic boom.

The Alamo City's financial, service sector, military, bioscience, and medical establishments are strong and fully capable of providing the stable economic environment needed to encourage and sustain small and large business development.

So, what does this mean for San Antonio home sellers and buyers? Looking at the relevant market statistics for single family detached homes as of 7 October 2012:

There were 8792 active listings, compared to 9686 one year ago. The inventory is decreasing slowly. That's a good sign for home sellers.

The average sales price for the most recent closings was $207,484, compared to last year's $193,643. The 7.15% sales price increase is a significantly positive sign for home sellers.

Average cumulate-days-on-the-market (CDOM) for the most recent sales was 92 compared to 111 last year. That's another positive sign for San Antonio home sellers.

Industry analysts see these data as reflecting a strong sellers' market.

Although exceptionally positive for home sellers, the news is also good for home buyers because San Antonio homes remain remarkably affordable when compared to homes in the nation's other large metropolitan areas.

That's our October 2013 San Antonio realty market report. We encourage reader questions, comments, and suggestions for making this monthly report more relevant and informative.

Wishing you a happy halloween and a wonderful October 2013, we are Stephanie and Randy Kelley, Realtors ® at Keller Williams Legacy, San Antonio. If you have questions, need San Antonio area realty or mortgage advice or assistance, or just want to chat, call (210) 863-2661 or (210) 867-8743. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs.

San Antonio Mortgage Rates 18 September 2013

Looking to buy or sell a San Antonio, Texas Home -- visit sanantoniohomequest.com. Here are the September 18, 2013, San Antonio Mortgage Rates from Homewood Mortgage, LLC Texas Mortgage Rates Save  money with our Low Rate and Low Fees guarantee. We'll  get you closed within 15 days or less! Don't  pay high rates and high fees. Tell your family and friends. We're your Texas Owned & Operated Mortgage Banker    30 yr Conventional 4.5% - 0 Discount Points - 0 Origination 15 yr Conventional 3.5% - 0 Discount Points - 0 Origination 20 yr Conventional 4.375% - 0 Discount Points - 0 Origination 10 yr Conventional 3.75% - 0 Discount Points - 0 Origination 30 yr FHA 4.125% - 0 Discount Points - 0 Origination 15 yr FHA 3.75% - 0 Discount Points - 0 Origination 30 yr USDA 4.625% - 0 Discount Points - 0 Origination 30 yr VA 4.25% - 0 Discount Points - 0 Origination 15 yr VA 3.75% - 0 Discount Points - 0 Origination Jumbo 30 yr Fixed 4.75% - 0 Discount Points - 0 Origination Jumbo 15 yr Fixed 3.75% - 0 Discounts Points - 0 Origination Jumbo 10/1 ARM 4.375% - 0 Discount Points - 0 Origination Jumbo 7/1 ARM 3.75% - 0 Discount Points - 0 Origination Jumbo 5/1 ARM 3.125% - 0 Discount Points - 0 Origination     Your Locally Owned and Operated Texas Mortgage Banker    * These rates are based on a estimated a minimum loan amount of $241,250 or above and roughly 4.559% to 6.1% APR depending on loan program. Rates are also subject to change without notice. FHA requires 3.5% down. Conventional requires 5% down. Jumbo requires 20% down up to $1Million. Jumbo APR is estimated 4.775% Some rates are based on a 740 credit score or higher. Some loans require lower LTV, call for details.

Services Provided: FHA VA USDA Conventional Construction Loans Jumbo Down Payment Assistance Programs Our Commitment to You: On-Time Closings Excellent Communication Call's Returned Promptly Phone Calls answered on Weekends Good Interest Rates Reasonable Closing Costs 24/7 On-Line Applications @ www.mikeclover.com

Mike Clover Mortgage Banker Homewood Mortgage, LLC Toll FREE: 1-800-223-7409 O: 469-438-5587 F: 972-767-4370 NMLS# 234770 Web: www.mikeclover.com E-mail: mike@mikeclover.com     Call for Super Service!!

September 2013 Homes For Sale In San Antonio

As San Antonio’s hot and dry summer hopefully cruises toward a cooler and wetter fall, the area’s residential realty market is expected to also cool off a bit after an exceptionally hot late spring and summer sales season.

Surprisingly, the Alamo City area home sales market peaked unusually early this year, with May seeing 2479 closed sales.  During June through August, home sales moved along at a slightly slower, but still brisk and steady pace.

So far this year, there has been a marked shortage of both resale and newly built homes.  As shown below, the demand/inventory imbalance has caused a gradual but steady increase in home prices and a significant decrease in the time needed to sell a residential property.  Specifically, as of 6 September 2013 compared to 6 September 2012:

• available resale home inventory is down 9.78% (from 10016 down to 9045), 
• pending homes sales are up 4.65% (from 2165 up to 2265),
• the average asking price is up 10.49% (from $283,577 up to $313,333),
• the average closed sale price is up 4.4% (from $200,947 up to $209,789),
• the cumulative time needed to sell the average resale home has fallen 22.88% (from 118 days down to 91).

With only a 4.8 month supply of homes on the market, San Antonio presents an exceptionally positive market for home sellers.  Homes are currently selling for 97% of asking price and well prepared homes in the most popular neighborhoods are going under contract very quickly.  

Although the news is exceptionally positive for home sellers, it remains good for home buyers because mortgage interest rates remain low and San Antonio area homes are remarkably affordable when compared to homes in the nation’s other large metropolitan markets.

That’s all for our September 2013 San Antonio realty market report.

Wishing you a beautiful fall season, we’re Stephanie and Randy Kelley, Realtors® at Keller Williams Legacy, San Antonio, Texas.

Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying and selling need.  If you have questions, need San Antonio realty or mortgage loan advice or assistance, or just want to chat about our wonderful Alamo City, please call us at (210) 863-2661 (Randy) or (210) 867-8743 (Stephanie). 

San Antonio Texas Mortgage Interest Rates for 23 August 2013

If you're looking to buy or sell a San Antonio, Texas, area home, business, lot, or ranch, visit our website at sanantoniohomequest.com. Now, here are the August 23, 2013, mortgage interest rates from Mike Clover, Homewood Mortgage, LLC: Texas Purchase & Refinance Mortgage Rates For the best San Antonio mortage, you'll be happy with these Low Rates & Low Fee Loans. Also  let your friends and family know that we will beat any deal on rates, fee's and service. We are from Texas, We are operated in Texas, and We are Texas Strong.....! All Loans close on-time and within 30 Days or less. Refinance Rates & Purchase Rates could be lower.  Please call me to discuss. 30 yr Conventional 4.625% - 0 Discount Points - 0 Origination 15 yr Conventional 3.625% - 0 Discount Points - 0 Origination 20 yr Conventional 4.625% - 0 Discount Points - 0 Origination 10 yr Conventional 3.875% - 0 Discount Points - 0 Origination 30 yr FHA 4.25% - 0 Discount Points - 0 Origination 15 yr FHA 3.75% - 0 Discount Points - 0 Origination 30 yr USDA 4.75% - 0 Discount Points - 0 Origination 30 yr VA 4.25% - 0 Discount Points - 0 Origination 15 yr VA 3.875% - 0 Discount Points - 0 Origination Jumbo 30 yr Fixed 4.875% - 0 Discount Points - 0 Origination Jumbo 15 yr Fixed 3.875% - 0 Discounts Points - 0 Origination Jumbo 10/1 ARM 4.375% - 0 Discount Points - 0 Origination Jumbo 7/1 ARM 3.75% - 0 Discount Points - 0 Origination Jumbo 5/1 ARM 3.125% - 0 Discount Points - 0 Origination    Your Locally Owned and Operated Texas Mortgage Banker. * These rates are based on a estimated loan amount of $242,250 or above and roughly 4.776% to 6.614% APR depending on loan program. Rates are also subject to change without notice. FHA requires 3.5% down. Conventional requires 5% down. Jumbo requires 20% down up to $1Million. Jumbo APR is estimated 5.088% Some rates are based on a 740 credit score or higher. Some loans require lower LTV, call for details.

Services Provided: FHA VA USDA Conventional Jumbo Down Payment Assistance Programs Our Commitment to You: On-Time Closings Excellent Communication Call's Returned Promptly Phone Calls answered on Weekends Good Interest Rates Reasonable Closing Costs 24/7 On-Line Applications @ www.mikeclover.com

Mike Clover Mortgage Banker Homewood Mortgage, LLC Toll FREE: 1-800-223-7409 O: 469-438-5587 F: 972-767-4370 NMLS# 234770 Web: www.mikeclover.com E-mail: mike@mikeclover.com Call for Super Service!!

August 2013 San Antonio, Texas, Home Sales Market Report

It's August 2013 and everything seems unusually hot in-and-around San Antonio and south Texas,  including  the climate, the area's thriving economy, and the Alamo City's residential real estate market.

As recently reported locally and throughout the country.  San Antonio is one of the nation's leading cities for economic health, positive demographic trends, and long term growth.

So, it’s not surprising  that San Antonio is presently experiencing its most active real estate market in the last 7  years.  Home sales are dramatically up and home values in most neighborhoods have  returned to, or are exceeding,  pre-recession levels.

During the late Great Recession,  San Antonio’s home market  entered a brief slump leading to a  moderately strong buyer’s market.  Now,  because the inventory of homes for sale is unusually low, the entire San Antonio metropolitan area is seeing an exceptionally strong home seller’s market.  Listing and sold home prices are rising, home sellers are receiving offers close to their asking price, and buyers are encountering less seller flexibility and harder negotiations.

Historically, San Antonio's realty sales high season ends in August, but, this year, it's not at all certain that home buyers and sellers will see a cooler, more casual, and less aggressive fall season realty market.  Only time will tell, but, in light of this year's dramatic activity, a longer residential sales high season is a distinct possibility for San Antonio.

That's the news for our August 2013 San Antonio realty market report. We encourage reader comments and recommendations about how to make our reports more informative and useful.

We're Stephanie and Randy Kelley, Realtors® of Keller Williams Legacy, San Antonio, Texas. If you have questions, need San Antonio area realty or mortgage loan advice or assistance, or just want to chat a bit about the wonderful Alamo City, please call us at (210) 863-2661 or (210) 867-8743. Our sanantoniohomequest.com Realty Solutions Team is always ready to help you with your home buying and selling needs.

Real Estate News San Antonio Texas July 19, 2013

If you're looking to buy or sell a San Antonio, Texas, home, visit sanantoniohomequest.com for the best home selling advice and listings search engine capability.  

Now, here's the latest real estate news for San Antonio from the desk of Steven Gragg, Broker at Keller Williams Legacy.

Foreclosure postings are down overall.  August postings are down and, overall they are down year-to-date.  Jan-Aug in 2011 they were 10,273, in 2012 they were 9572 and 2013 they are 6210. This is a huge percentage drop from preceding years. Foreclosures are also down over 40% Texas wide from last year.

Mortgage news.   Mortgage rates dipped slightly this week to 4.37%.

Federal Reserve news.  The Fed stated this week that its timetable for reducing its bond purchases is not on a “pre-set course” and the Fed purchases could increase or decrease monthly as needed. The stock market liked his statement.

Banking news.  Bank of America reports a profit of $4 Billion in the second quarter.

San Antonio Apartment Living.  Apartment projects going on in San Antonio so far this year have started 3349 new units and currently there are a total of 9000 units in the works.  Average occupancy is 92.5%.  The average rent rate is 96 cents foot, up 4% over last year.

Home Building.  US home builder confidence and sales outlook is soaring.  In May, builder permits rose to the highest pace in 5 years.  Home starts are up 29% over last year.  Each home built creates and average of 3 jobs for a year and generates about $90,000 in tax revenue.  Builder traffic is at the highest level since 2005.

Steven Gragg, Broker, Keller Williams Legacy, San Antonio, Texas (210) 482-3200

This blog is brought to you by the sanantoniohomequest.com Realty Solutions Team.  Contact us for a free right price analysis of any San Antonio area residential property or for information about  San Antonio real estate inventory by area .

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Fine Dining At Mike's In The Village, Bulverde, Texas

If you're looking to buy or sell a San Antonio, Bexar County, Guadalupe County, Wilson County,  or Kendall County, Texas home, then visit sanantoniohomequest.com.

 

If you are looking for a fine place to eat in southern Comal County or North Bexar County, Texas, then vist Mike's In The Village, Bulverde, Texas.

 

Here's Mike's announcement for his specials during the weekend of 12 and 13 July 2013.

 

Dear Friends,

This weekend we have some delicious specials including our French Onion soup special and our Grilled Ahi Tuna served Asian Style entree.

We offer full-service, upscale catering featuring a blend of traditional Creole items infused with Texas flavors. We specialize in corporate functions, sit-down dinners, weddings, brunches and customized events.

Bon Appétit,
Chef Mike

PS - Check out our special 3 course meal available on Wednesday and Thursday from 5pm until 6pm. You get your choice of a salad, entree and dessert. Click here to view the menu.

 

 

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.

Grilling On The Lot San Antonio Event For June 18, 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.

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.

San Antonio Board of Realtors® Releases April 2013 Residential Sales Report

The San Antonio Board of Realtors® (SABOR)  has issued its official April 2013 San Antonio residential sales report.

All SABOR area realty market trends are up significantly.

Listings median price -- $168,100, a 6 percent increase from April 2012's $158,400.

Listings average price -- $202,864, a 5 percent increase over last April’s average home price of $193,394.

April 2013 sales -- 1,998, a 21 percent increase over April 2012's 1650 sales.

Commenting on the highly favorable market, Steven Gragg, the SABOR Chairman Of The Board for 2013 said, “With mortgage rates and home prices remaining low, buyers can easily find something within their means without having to compromise. The rise in home sales each month shows the confidence consumers have in their buying power.”

SABOR President and CEO Angela Shields added, "This steady growth, along with the city’s affordability and diverse culture, makes San Antonio a unique and desirable place to call home.”

If you need to know more about the San Antonio area residential realty market trends, contact Randy Kelley (210) 863-2661 or Stephanie Kelley (210) 867-8743.  As leading members of the sanantoniohomequest.com Realty Solutions Team, they are always ready to help you with your home buying or selling needs..

May 2013 San Antonio Residential Realty Market Report

The sanantoniohomequest.com Realty Solutions has published its May 2013 San Antonio Realty Market Report.

You can read the full report at the SanAntonioHomeQuest.com homepage, but here are the highlights:

San Antonio's residential realty market has been in high gear for 9 successive months.

Compared to May 2012:

The inventory of homes for sale is down 12.94%.

The average list price is up 8.75%.

The average days on the market for listed homes is down 8.6%.

The number of homes under contract is up 12.55%.

For the most recent homes sold:

Average sales price is up 5%

Average days on the market is down 17.52%.

There's only a 5.3 months supply of homes for sale.  That means it's a strong sellers' market.

Demand for homes is exceptionally strong this year because of low mortgage rates, highly favorable local business and demographic conditions, and the availability of money and manpower brought into the area by the nearby Eagle Ford Shale oil play.

The news is obviously good for local home sellers, however the market remains favorable for buyers  because San Antonio area homes are still highly affordable, particularly given the current low home mortgage interest rates.

This

May 2013 San Antonio Realty Market Report is brought to you by Stephanie and Randy Kelley, Realtors® at Keller Williams Legacy, San Antonio, Texas.

Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs. If you have questions, need San Antonio realty or mortgage loan advice or assistance, or just want to chat a bit about our wonderful Alamo City, please call us at (210) 863-2661 (Randy) or (210) 867-8743 (Stephanie).

Latest San Antonio Real Estate News

In The News…  20 April 2013

Property Taxes

1. Bexar County property values rise on the tax records.  Commercial property is up about 12% and residential up 2%.
2. Owners whose county tax appraisals appreciated by more than $1000 will start receiving notices next week.
3. The SanAntonioHomeQuest.com Realty Solutions Team provides a free home value study for anyone needing ammunition to challenge a residential property tax appraisal.

Fastest Growing Neighborhoods 

San Antonio’s fastest growing neighborhoods for 4Q 2012 housing starts

• 1.  Alamo Ranch (649)
• 2.  Bulverde Village(169)
• 3.  Indian Springs (150)
• 4.  Laurel Mtn. Ranch (150)
• 5. StillwaterRanch (140)

San Antonio and Bexar County Foreclosures

Foreclosure postings for May are down 26% from last year and are down YTD 23%.

This San Antonio Real Estate Blog is written by Randy Kelley and Stephanie Kelley, Realtors® at Keller Williams Legacy, San Antonio, Texas.

If you have questions about or want to visit any San Antonio area home for sale, or if you need realty or mortgage loan advice or assistance, or if you want to learn more about San Antonio and Bexar County Texas and the nearby counties, please call us at (210) 863-2661 (Randy) or (210) 867-8743 (Stephanie).

April 2013 Real Estate News For San Antonio Texas

The SanAntonioHomeQuest.com Realty Solutions Team has published its April 2013 real estate news for the San Antonio metropolitan area.

Here are the highlights:

• The San Antonio area is ranked as one of the nation's top 10 large metropolitan realty markets.
• The  Alamo City currently has its best residential real estate market since 2006/2007.
• There's an unusually low inventory of both newly constructed and resale homes.
• Quick home sales and multiple offers are common in many areas around town.
• Prices are rising slowly and steadily.

For more information about how to best take advantage of the current market as either a buyer or seller, read the full article at the sanantoniohomequest.com home page .

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

If you have questions about, or want to visit, any San Antonio residential listing, or if you need realty or mortgage loan advice or assistance, or if just want to learn more about San Antonio/Bexar County, and the adjoining counties, please call us at (210) 863-2661 or (210) 867-8743.



San Antonio Texas Best Mortgage Rates 26 March 2013

If you're looking to buy or sell a San Antonio area home, visit sanantoniohomequest.com Keller Williams Legacy for the latest San Antonio real estate news, best listings search engine and reliable online realty advice and assistance.  Buyers, see our Public Service Home Buyer Reward Program to learn how we might help you save money on your home purchase settlement fees.

Now, here is the 26 March 2013 San Antonio mortgage rate sheet from Homewood Mortgage.

San Antonio Texas Purchase & Refinance Mortgage Rates 

You'll be happy with these low rates & low fee loans.  Let your friends and family know that we will beat any deal on rates, fee's and service.

We are from Texas, we are operated in Texas, and we are Texas Strong!

All loans close on-time and within 30 Days or less.

Refinance Rates & Purchase Rates could be lower.  Call me to discuss.

All Loans close on-time and within 30 Days or less.   30 yr Conventional 3.625% - 0 Discount Points - 0 Origination 15 yr Conventional 2.75% - 0 Discount Points - 0 Origination 20 yr Conventional 3.5% - 0 Discount Points - 0 Origination 10 yr Conventional 2.75% - 0 Discount Points - 0 Origination 30 yr FHA 3.25% - 0 Discount Points - 0 Origination 15 yr FHA 2.75% - 0 Discount Points - 0 Origination 30 yr USDA 3.25% - 0 Discount Points - 0 Origination 30 yr VA 3.25% - 0 Discount Points - 0 Origination 15 yr VA 2.875% - 0 Discount Points - 0 Origination Jumbo 30 yr Fixed 3.75% - 0 Discount Points - 0 Origination Jumbo 15 yr Fixed 3.125% - 0 Discounts Points - 0 Origination Jumbo 10/1 ARM 3.5% - 0 Discount Points - 0 Origination Jumbo 7/1 ARM 3.0% - 0 Discount Points - 0 Origination Jumbo 5/1 ARM 2.625% - 0 Discount Points - 0 Origination * These rates are based on a estimated minimum loan amount of $190,000 or above and roughly 2.798% - 3.34% APR depending on loan program. Rates are also subject to change without notice. FHA requires 3.5% down. Conventional requires 5% down. Jumbo requires 20% down up to $1Million. Jumbo APR is estimated 3.845% Some rates are based on a 740 credit score or higher. Some loans require lower LTV, call for details.

Services Provided: FHA VA USDA Conventional Jumbo Down Payment Assistance Programs Our Commitment to You: On-Time Closings Excellent Communication Call's Returned Promptly Phone Calls answered on Weekends Good Interest Rates for your Clients Reasonable Closing Costs 24/7 On-Line Applications @ www.mikeclover.com

Mike Clover Mortgage Banker Homewood Mortgage, LLC Toll FREE: 1-800-223-7409 O: 469-438-5587 F: 972-767-4370 NMLS# 234770 Web: www.mikeclover.com E-mail: mike@mikeclover.com

Beautiful Reasonably Priced Dominion Area Home For Sale

It's a beauty!

This stylish 4 bedroom, 4 full bath,  3195 square foot resale home is located near the Dominion just off I-10 North in the attractive gated Stonewall Ranch subdivision.

The home is exceptionally well maintained and affordable.  It's the ideal place to live away from town where you can stay cool in the Texas Hill Country lounging around the beautiful neighborhood pool.   

The property is approximately 30 minutes away from Lackland AFB to the southwest, Randolph AFB to the east, and downtown San Antonio to the south.  Historic Boerne is only a few miles up the road and the fashionable and popular shopping, dining, and entertainment amenities at Fiesta Texas, the The Rim and The Shops At La Cantera are just down the road.  Friedrich Wilderness Park is practically at the front door.

The area's Northside Independent School District schools are highly ranked and UTSA is just a short drive away.

For more information visit the listing report or contact Randy Kelley, Realtor®, at (210) 863-2661 or Stephanie Kelley,Realtor® at  (210) 867-8743.

Our broker is Keller Williams Legacy, San Antonio.

Presenting the finest homes for sale in San Antonio,  Bexar and adjacent counties, and the communities nearest the Alamo City's military bases.

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San Antonio Homes For Sale Are Going Fast

As of February 2013, the San Antonio area realty market is blooming and the good news seems never ending - especially for San Antonio home sellers.

Here's the story.

The San Antonio Board of Realtors® has just released its February 2013 residential sales report.  It shows homes for sale in San Antonio are moving at an increasing pace, with prices rising, and more expensive homes finally breaking loose from months of lackluster sales.

This February, home on the San Antonio market averaged only 99 days.  That's 4 percent less than in February 2012.

Focusing on the declining market time, Steven Gragg, 2013 SABOR Chairman of the Board, said, "Low days on the market indicate consumers are finding homes more quickly, and we are tilting more towards a seller’s market.”  

The February report includes additional evidence that, this year, San Antonio's residential market is exceptionally robust for so early in the selling season. 

A total of 1,379 homes were sold this February, compared to 1,278 sales in February 2012, and 1,079 sales in February 2011. 

Home prices are also up significantly.  This February's report shows the average home price is $194,000, last year it was $186,397, and in February 2011 it was only $179,035.

The report shows much greater interest in higher priced listings.  Homes priced $500,000 or more are selling faster and contributed to 4.1% of the February closed sales.  That's a much higher percentage than in preceding months.

Homes priced $200,000 to $500,000 made up 29.6 percent of the market.  As is usual for the San Antonio MLS area, lower priced properties below $200,000 led the way for February sales, contributing 66.1 percent of the homes sold.

Angela Shields, SABOR President and Chief Executive Officer summed up the favorable market report by saying, "With spring and summer around the corner, we are getting ready to enter our busiest season. We are hopeful that market conditions will continue to be this favorable, allowing both buyers and sellers to be satisfied in their transactions.” 

This report is brought to you by the Realty Solutions Team, Realtors®, Keller Williams Legacy, San Antonio, Texas.

If you're looking to buy or sell a San Antonio area home or need residential mortgage information, visit us at sanantoniohomequest.com for the best listings search engine and reliable online realty and residential mortgage advice and assistance or call us at (210) 867-8743 or (210) 863-2661.

Three Basics For Preparing A San Antonio Home For Sale

Stephanie, my co-Realtor ® and blogging partner has published a fantastic blog today.  It's titled "Top Three Things You Can Do To Sell Your Home."  It's focused on the three "C's" - the basic things a home seller must do put a residential property in a showable condition without spending a lot of money. 

The San Antonio MLS reports listings are selling exceptionally fast this March, so, If you're ready to sell, now's the time to properly prepare your home and get it on the market.  Proper preparation is important because local realtors ® report the best prepared homes are quickly beating out the competition and lasting only a few days on the market.

So, if you need the best advice for inexpensively showcasing your property, take a minute to read Stephanie's excellent advice at texashomegirl.blogspot.com. 

The article is also helpful for sellers who've already listed their homes in the MLS or "for sale by owner" markets.

For the best free San Antonio home buying and selling news, advice, and assistance, visit our sanantoniohomequest.com  website.

We're Randy and Stephanie Kelley, Realtors ® at Keller Williams Legacy, San Antonio