121 Hidden Cave, Cibolo, Texas

For rent, excellent condition, 1965 square foot, single story, four bedrooms, 2 full baths, 2 car garage, $1,250 per month.  Easy commute to Ft. Sam Houston and Randolph AFB.  Amenities conveniently close. 

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Brought to you by Stephanie Kelley, Keller Williams Legacy, San Antonio, telephone (800) 201-9145 or (210) 867-8743.

We’re Randy & Stephanie Kelley, Realtors(R) at Keller Williams Legacy, San Antonio.  Visit us at SanAntonioHomeQuest.com  , call us at (210) 863-2661 or 867-9743, or (800) 201-9145, E-mail us kelleybus@aol.com or swkrealtor@aol.com.

Here’s how we recently answered a very good inquiry about the San Antonio realty market. 

How is the real estate sales environment in your part of Texas right now? Sales activity up, down or stagnant?  Despite the national economic downturn, San Antonio’s realty market hasn’t suffered – just slowed.  As we close in on our usually slower Fall sales season, sales activity has picked up remarkably and there are signs the market will maintain a much faster pace than usual, at least through August and September.

Any changes/improvement since last year?    Sales are up, available home inventory is down, average sold property list prices & sale prices are down,  and the list to sale price ratio is down.  It’s clearly a strong buyer’s market.

How about from the price aspect? Is the median up or down? The median sales price is down.

How soon before you believe the market is going to bottom out and turn the corner? The indicators all point to our slightly slower market having bottomed.  It appears that we’ve turned the corner and are now heading into a much more active phase.

How harsh is foreclosure activity in your market currently? Is that worse or better than it was this time last year? Foreclosure activity has been unusually strong for San Antonio.  It is clearly higher than the same time last year. 

Are you seeing first time home buyers in the market going after all the REO (lender owned)  inventory? Bidding wars? Multiple offers? First time home buyers have been very active in the REO market.  REO properties seem to be turning well.  I have not personally experienced either a bidding war or multiple offer scenario.  That’s not unusual for San Antonio’s market environment, which, historically, tends to be neither over heated nor over cooled. 

Are you seeing investors taking an interest in the market, or have they pulled out? There is some investor interest, but, for the time being, it seems to be minimal.  Is this a good time to be a real estate investor in your market area and why? San Antonio has always held high potential for diligent realty investors who know what they’re doing.  Our prices for good to excellent homes are low compared to other big cities.  Rental activity is high.  But rental and resale investors must be willing to accept relatively high property taxes, low average home price appreciation rates, longer holding periods to make profit, and lower average rents.  That said, those down factors are more than offset by San Antonio’s record of strong and stable economic conditions, realty market stability and steady growth.

Real estate agency rules really aren’t complicated. 

Here are the things to know about Buyer Agency:

• The buyer agent’s duty is to represent the buyer by putting the buyer’s interests first in all respects.
• The buyer agent’s role is to find and show properties, advise the buyer regarding acquisition strategies and offering prices, help with the process of obtaining financing, write the offer and associated documents, negotiate the purchase terms and conditions, and generally oversee and facilitate the purchase from inception to closing.
• The buyer agent is typically paid a percentage of the commission that the seller has agreed to pay the listing broker. But the source of the commission is immaterial, because legally, professionally, and ethically, the buyers agent represents the buyer, not the seller.

We are Stephanie and Randy Kelley, Realtors(R) at Keller Williams Legacy, San Antonio.  We’re available to meet all your realty needs at SanAntonioHomeQuest.com, telephone (210) 863-2661 and (210) 867-8743,      E-mail: at kelleybus@aol.com and swkrealtor@aol.com. 

It’s easy to find out home values for San Antonio area communities.  Go here and enter the requested information.  You’ll receive the most recent information on home listings, home sales, and market trends.

Folks, this is serious. 

If you qualify for the up to $8000 tax credit for first time home buyers (including buyers not owning a home in the last 3 years), you’ve just about run out of the time needed to buy a resale home and there’s no way you’re going to have a new home constructed before the 30 November deadline. 

In San Antonio, from start to finish, it takes the average first time home buyer about 8 weeks to do everything necessary to buy a home.  There are only about 9 weeks left before 30 November, however, the Thanksgiving holiday is projected to rule out the last week in November as a closing week for anyone who hasn’t completed a home purchase contract by now.  So, that leaves only 8 weeks to go for a process that usually takes 8 weeks. 

Here’s the message.  If you’re eligible, you’re going to lose your chance for the up to $8,000 federal tax credit if you don’t start seriously looking for a home right away. 

You need to make your home search as efficient as possible.  Call a lender and get mortgage loan prequalified.  Seek out an experienced realty buyers agent to lead you through the process.  Have your agent set up an automated MLS search that automatically E-mails you the freshest listings matching your needs.  If a listing looks interested, don’t wait.  Ask your agent to set up a viewing for you right away.

Our SanAntonioHomeQuest.com   Realty Solutions Team is ready to help.  We are Stephanie and Randy Kelley, Keller Williams Legacy.  Call us at (210) 863-2661 or (210) 867-8743.  E-mail us at swkrealtor@aol.com or kelleybus@aol.com. 

If you’re a first time home buyer or haven’t owned a home in the last 3 years, you qualify for the up to $8000 Federal tax credit program; but, unless the program is extended by Congress, you must close on your purchase by November 30, 2009, to reap the benefit.

It’s September 23.  That leaves only 68 days to find a home, negotiate the purchase, arrange funding, and close on the sale: but, keep in mind that many title companies and lender offices will be closed for the long Thanksgiving holiday weekend.  That leaves only 63 days to do all that’s necessary to purchase a resale home.  There’s no chance to have a new construction home built before the 30 November tax credit deadline.

Don’t risk your tax credit by waiting until the last minute to launch your home search.  Do it now!

We are here to make your home purchase as effective and efficient as possible.

We’re Stephanie and Randy Kelley, Realtors(R) at Keller Williams Legacy.  Or goal is to make your realty dreams reality.  We help you buy the best house, in the best neighborhood, at the best price, and under conditions most favorable to you. 

You can contact us at (210) 863-2661 or (210) 867-8743 or (800) 201-9145.  You can visit us at SanAntonioHomeQuest.com and E-mail us at kelleybus@aol.com or swkrealtor@aol.com.

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First time rental!  Exceptionally clean, open, single story floorplan.  Fully fenced, level yard backs to greenbelt.  Large covered pation area.   Short commute to Randolph Air force Base and Fort Sam Houston.  Highly acclaimed Schertz-Cibolo Independent School District.  Available 1 November 2009. 

Presented by Stephanie Kelley, Realtor®, Keller Williams Legacy, San Antonio, telephone (210) 867-8743, swkrealtor@aol.com.

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