Home Values Near Randolph AFB
September 20, 2009 | 1 Comment
If you plan to buy a home near Randolph AFB, keep these facts in mind:
- Within relatively easy commute distance are some of the most popular and contemporary communities right beside much older & poorly maintained communities. Home prices will naturally vary accordingly.
- Keep school district quality in mind, even if you don’t have school age children. School district quality is always an important factor for your home’s resale popularity.
- Northeast, Schertz-Cibolo-Universal City, and Comal Independent School Districts tend to have higher ratings than Judson Independent School District. Judson ISD is known as an athletic, but not necessarily academic, power house. Northeast ISD is usually recognized as the highest rated school district in the area.
- It’s easy to check out school rankings. Go here for school reports: SanAntonioHomeQuest.com click “Schools In San Antonio” under the yellow “Top Rated Schools” report sign on the right hand side of the home screen.
- Market Snapshot is the ultimate source for San Antonio home values by ZIP code.
- Check ZIP codes 78259, 78258, 78260, and 78261 for the Northeast Independent School District home values.
- Check ZIP codes 78154, 78108 and 78109 for Schertz-Cibolo-Universal City Independent District home values.
- Check ZIP code 78109 for Judson Independent School District home values.
- Average home sale prices in the Randolph AFB commute area average approximately $200,000, but range from approximately $40,000 for older homes to $850,000 for some newly constructed homes.
To find out what’s going on in the real estate market in the Randolph AFB ara neighborhood where you live or where you want to live, Market Snapshot will keep you updated with the latest information! Click below to set up your Market Snapshot. Scroll down to the enrollment form at the bottom of the page:
http://sanantoniohomequest.com/
Call Randy or Stephanie Kelley at Keller Williams Legacy if you have realty questions or need help with your Lackland AFB area realty needs. We are at (800) 201-9145, (210) 863-2661, and (210) 867-8743 or kelleybus@aol.com or swkrealtor@aol.com .
Home Values Near Lackland AFB
September 19, 2009 | Leave a Comment
If you plan to buy a home near Lackland AFB, keep these facts in mind:
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Although there are some very fine new subdivisions nearby, the nearest subdivisions are older, lower priced, and sometimes poorly maintained.
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Keep school district quality in mind, even if you don’t have school age children. School district quality is always an important factor for home resale popularity.
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Northside Independent School District tends to have higher ratings than other school districts in the Lackland area.
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Average home sale prices in the area average less than $120,000, but range from approximately $50,000 for older homes to $260,000 for some newly constructed homes.
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ZIP code 78245 is the closest Northside Independent School District.
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Other ZIP codes to search are 78009, 78253, 78251, 78023, 78249, 78240, 78238.
- Market Snapshot is the ultimate source for San Antonio home values by ZIP code.
To find out what’s going on in the real estate market in the Lackland neighborhood where you live or where you want to live. Market Snapshop will keep you updated with the latest information! Click below to set up your Market Snapshot. Scroll down to the enrollment form at the bottom of the page: http://sanantoniohomequest.com
Call Randy or Stephanie Kelley at Keller Williams Legacy if you have realty questions or need help with your Lackland AFB area realty needs. We are at (800) 201-9145, (210) 863-2661, and (210) 867-8743 or kelleybus@aol.com or swkrealtor@aol.com.
72 Days Left For San Antonio Home Buyer $8000 Federal Tax Credit
September 19, 2009 | Leave a Comment
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 19. That leaves only 82 days to find a home, negotiate the purchase, arrange funding, and close on the sale.
Don’t take a chance on losing 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.
San Antonio Home Values By ZIP Code
September 18, 2009 | Leave a Comment
Market Snapshot is the ultimate source for San Antonio home values by ZIP code.
Find out what’s going on in the real estate market in the San Antonio neighborhood where you live or where you want to live. Market Snapshop will keep you updated with the latest information! Click below to set up your Market Snapshot. Scroll down to the enrollment form at the bottom of the page: http://sanantoniohomequest.com
August 2009 San Antonio Realty Market Update
September 17, 2009 | Leave a Comment
Here’s an excellent market update web posted 09/17/2009 by Jason Buch - San Antonio Express News:
San Antonio continues to see an increase in home buying – thanks in large part to first-time home buyers motivated by a up-to-$8,000 tax credit. But the median price failed to increase in August, and experts are blaming the growing flood of short sales and foreclosures.
San Antonio recorded 1,761 single-family home sales in August, a 2 percent increase from last August.
It’s the second month in a row the volume of sales has topped the previous year’s number, ending a yearlong slump.
“I believe that people are feeling a little more confident,” said Florence Terrell, chairwoman of the San Antonio Board of Realtors. “I understand that retail sales are starting to increase. I imagine that will carry forth with single-family home purchases.”
Sales volume has been driven up by the up-to-$8,000 tax credit for first-time buyers, as evidenced by the large number of home sales less than $200,000, Terrell said. Almost 72 percent of sales fell in that category.
The credit will continue to have an effect this month. Terrell said buyers who want to take advantage of it will need to have a house under contract within the next two weeks in order to make the Dec. 1 deadline.
Pending sales are up as well, showing an almost 3 percent increase to 1,501.
The increase in home sales was not matched by a price increase. The median price for single-family homes in August was $147,800, SABOR reported Wednesday, a 2 percent decrease from a year ago.
Terrell blamed that on a high number of short sales and foreclosures. Bexar County has 1,554 properties posted for the Oct. 6 foreclosure auction. That’s up from 1,132 for the Sept. 1 auction and a 51 percent increase from the 1,026 listed in September last year, according to www.RexReport.com.
The company changed its methodology in May, so the September 2008 numbers might be inflated with some listings that would not have been included in this month’s report.
Gregg Stanley, owner of RexReport, explained that part of the increase in October from September is likely because lenders had a few more days to post for the Oct. 6 foreclosure auction than they did for the Sept. 2 foreclosure auction.
Still, Stanley said, the percentage of first-time listings has increased, which means new people are feeling the economic hurt.
There were 195 sales of lender-owned homes in August, according to SABOR. Those are sales of homes, including foreclosures and short sales, that have been taken over by lenders.
Of those lender-owned sales, 190 were sold for less than $200,000 according to SABOR.
Lenders taking over homes means there’s a supply of houses in the lower price range, and that’s driving down the median price, said Linda Rasmussen, sales manager for San Antonio firm Exit Realty-TC Austin.
“They’re driving the median home price down because that’s what’s selling. That’s what selling because that’s what San Antonio can afford,” Rasmussen said.
SABOR estimates there are about 11,600 homes on the market representing about an eight-month inventory, meaning the board calculates it will take eight months to sell those houses. Those numbers represent a fairly stable market, Terrell said.
“Right now we may be considered in a buyers’ market,” she said. “But when the supply of homes drops below six months, we will be in a sellers’ market. That’s when prices increase. That’s my expectation for the coming year.”
Rasmussen agreed with Terrell, saying that sales and prices will increase, albeit slowly.
“Prices will probably continue to go up, but, like they have in the past, very gradually,” Rasmussen said. “There’s not going to be a very big increase in prices.”
End of Article
Contact Randy or Stephanie Kelley, Realtors®, Keller Williams Legacy, San Antonio, for all your realty needs. Ask us about our buyer reward cash bonus program. Visit our website at SanAntonioHomeQuest.com . You can call us at (210) 863-2661, (210) 867-8743, (800) 201-9145, or E-mail us at kelleybus@aol.com and swkrealtor@aol.com.
San Antonio Realty Market Conditions
September 16, 2009 | Leave a Comment
Have you been watching the news about real estate? It is crazy with all the “sky is falling” discussions around foreclosures and short sales out there. When it seems that the real estate market can’t get any crazier, it does.
With this continuing media frenzy around the real estate market, we want to remind you that the most important real estate market is the street where you live, if you’re the seller, or the street where you want to live, if you’re the buyer.
If you are curious about what is happening on your San Antonio block or on the San Antonio block where you’d like to be, please give us a call so we’ll give you the numbers that are specific to that location.
Yes, with our very favorable realty market, the unfavorable generalizations about national real estate trends are difficult to translate to a specific San Antonio home, neighborhood, or geographic area. We are happy to help you make sense of it all and forget the hype.
We are Stephanie and Randy Kelley, Realtors(R), at SanAntonioHomeQuest.com, Keller Williams Legacy, San Antonio, telephone (210) 867-8743 or (210) 863-2661 or (800) 201-9145. Our E-mail addresses are swkrealtor@aol.com and kelleybus@aol.com. We are honored to help you with your realty needs.
77 Days Left For San Antonio Home Buyer $8000 Federal Tax Credit
September 14, 2009 | 1 Comment
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 14. That leaves only 82 days to find a home, negotiate the purchase, arrange funding, and close on the sale.
Don’t take a chance on losing 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.
Put us to work for you. You won’t be sorry!
