January 2014 Lackland, Randolph, And Fort Sam Houston Homes For Sale Report

Freedom flight over Randolph Air Force Base

Freedom flight over Randolph Air Force Base

The beginning of January 2014 sees the close out of the most active San Antonio military bases area real estate market year since 2006. 

According to Steven Gragg, Chairman of the San Antonio Board of Realtors, “This year’s housing market proved even stronger than 2012, with the lowest months of inventory being reported in over six years. Every month, the total number of home sales exceeded those of their 2012 counterparts.” 

What does the future hold for San Antonio’s active duty and retired uniformed services families looking to buy or sell a San Antonio home?  Analysts predict 2014 to be at least as active as 2013.

Here’s why?  

Simply, it’s the area’s exceptionally strong economy.

Here are the facts as they apply to the communities near Lackland, Randolph, and Fort Sam Houston. 

The still developing Eagle Ford shale oil and gas field is near enough to all three installations to drive up housing demand and prices in communities  heavily populated by uniformed services families.

Furthermore,  demand for housing for employees of the city’s tourism, service industry, and medical and education institutions has simultaneously impacted on the same subdivisions.

So, here’s what’s expected for home sales for San Antonio’s  uniformed services families in January 2014 and into the following months:

• the inventory of newly constructed and resale homes will remain unusually low, 

• home list prices will increase,

• home sale prices will increase, 

• average time to sell a home will decrease, 

• pressure on the already limited new and resale home supply will increase as buyers rush to make their purchases in the face of rising mortgage interest rates,and 

• the months long sellers’ market will continue unabated. 

Despite the good news for our uniformed services home sellers, prospective uniformed services home buyers should take heart in knowing that, historically, San Antonio has a consistent record of moderate but steady home value appreciation and sales market stability. Furthermore, San Antonio homes near the military bases are still very affordable. 

That’s the good news for our January 2014 Lackland, Randolph, and Fort Sam Houston homes for sale report. 

Wishing you a safe, happy, healthy, and prosperous new year, we’re Stephanie and Randy Kelley, Realtors® at Keller Williams Legacy, San Antonio, Texas. 

We encourage your comments and recommendations about how to make our reports more informative and useful. 

You’re invited to visit our sanantoniohomequest.com website for reliable residential realty advice and assistance and a fast and easy residential listings search engine.

If you have questions, need San Antonio 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 (Randy) or (210) 867-8743 (Stephanie). 

Our SanAntonioHomeQuest.com Realty Solutions Team specializes in supporting active and retired uniformed services families.  We are  always ready to help you with your home buying or selling needs.

Comments

  1. If the Republicans were not so ‘wishy-washy’ perhaps us regitsered independents would vote for them more often. I was not going to vote in 2008 until Palin was picked. She is not wishy washy yet the wishy washy Republicans are repulsed by her. I have voted Republican every election cycle since 1994. Don’t label all independents the same just because a majority of them vote one way. This is why they don’t listen to most Republicans, hence they may not vote against Obama in 2012.Why is it that Reagan was able to win in landslides both times? He encouraged people to vote for him because he told it like it is just like Palin is doing now. Too many people stay home because we are not given much of a choice

  2. That’s a sharp way of thinking about it.

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