December 2013 Home Sales Near Randolph, Lackland, And Fort Sam Houston

homes_for_sale_san_antonio_river_walk_christmas.jpgOur December 2013 San Antonio Home Sales Report for our Randolph, Lackland, and Fort Sam Houston communities  is brief and to the point.  The opening of this year’s holiday season sees the closing out of the most active San Antonio home sales market since the record breaking 2006 home sales year.

Although December is typically the low season for realty activity in-and-around San Antonio’s USAF and Army installations, if the current trend continues, our market promises to produce a near historic high number of home sales for December.

Although there are many factors contributing to the upward home sales trend, there is universal agreement that the prime reason for our robust residential sales market is the economic boom created by the  south Texas Eagle Ford shale oil and gas play.  Because the Eagle Ford  fields and support complexes are near Lackland and Randolph Air Forces Bases, the impact has been particularly significant for our retired and active duty military home buyers and sellers around those bases.

As seen by the following key indicators, San Antonio’s healthy oil driven economy has had a dramatic effect on area home sales.

As of 8 December 2013, compared to 8 December 2012 –

  • the number of homes under contract is up 2.79%,
  • the average home list price is up 13.63%,
  • the most recent average home sale price is up 8.91%,
  • the average time to sell a home is down 11.93%,
  • the homes for sale inventory is down 10.8%.

So, what does this mean for San Antonio’s active and retired  uniformed services  home sellers and buyers this month, through the winter, and into next spring?

Although industry analysts see the data as reflecting a housing market very strongly favoring sellers, buyers can take heart in knowing that mortgage interest rates remain low and the average quality San Antonio home remains highly affordable when compared to a comparable home in the nation’s other large metropolitan area markets.

That’s all for our December, 2013 San Antonio realty market report other than to wish you a merry Christmas, happy holidays, and happy new year.

We’re Stephanie and Randy Kelley, Realtors® at Keller Williams Legacy, San Antonio, Texas.  We specialize in servicing the home buying and seller needs of active and retired uniformed services families.

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

Please 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 Military City USA, please call us at (210) 863-2661 (Randy) or (210) 867-8743 (Stephanie).

Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs.

PCS’ing and Pets

IMG_1792I think the hardest part about keeping up a blog about military relocation and PCS’ing is the number of topics to choose from! Over the years I have discovered that there are so many areas of our lives that are impacted by frequent moves – even ones you wouldn’t normally consider. When we moved from Fort Sill, Oklahoma to Presidio of Monterey in California we discovered that our French Bulldog Bubba was prone to anxiety attacks while travelling. He would get carsick and woozy and begin to hyperventilate. My husband, needless to say, was thrilled when Bubba had to sit on his lap through New Mexico and Arizona in the middle of summer with the window open!

Since that time, we have PCS’d twice more with pets. If I had known then what I know now, I would have done the following:

  1. Make sure all shots are up to date and keep copies of EVERYTHING with the records you are travelling with
  2. Check if your pets need to be licensed at your new place of residence
  3. Micro-chip! Pets have been known to wander off  and get lost when they are enroute or at the new location. And don’t forget to update your contact information.
  4. Find a good kennel and vet in your new town. Word of mouth is the best way to identify these. Feel free to drop me a comment if you want to know more about those in my area.
  5. Get pet prozac if you think they’ll need it! You can take the edge off your pet’s anxiety with a quick trip to the vet for a prescription.
  6. Be sure you plan your route carefully – stay in pet friendly hotels. This one is a biggie because not all base lodging allowed pets when we made our trek cross-country. Here is a helpful link

Those are my top six! In addition are the obvious – enough food for travel, water bowls & bottled water, & don’t forget their leashes! Happy Traveling!

Air Force Home Buyers Find San Antonio To Be A Big City

randolph_air_force_base_1_images.jpgAir Force families new to the San Antonio area are often surprised to find the city to be a sophisticated metropolis spread over 400 square miles of what was once  range land and farms. 

Yes, you can still see a horse in downtown San Antonio — pulling a tourist carriage.  And what about the fabled Texas long horn cattle herds?  You’ll have to drive quite a few miles outside of town before you see even one long horn cow – if you’re lucky.

Yes,  San Antonio is a very big city – the nation’s seventh largest to be exact.  Furthermore, the San Antonio/New Braunfels area is the nation’s 25th largest metropolitan  area.

San Antonio’s explosive growth has had  its impact on the city’s famous military bases.  Kelly Field and Brooks Air Force Base are closed.  The remaining bases reside in a unique urban environment never anticipated when they were built on open land well away from town.   Now, every local fort, camp, and base is surrounded by urban sprawl.

The good news for military newcomers is that every military installation in the San Antonio area has a large civilian community with affordable housing very close by.      

The bad news is for military home buyers hoping  to find elbow room and possibly enough land for a horse for the kids .  Although it’s still possible to find a home with land relatively close to a base, the cost will be high.  Fortunately, for the buyer willing to accept a long commute to work, there are reasonably priced homes on acreage lots in the outlying rural and semi-rural  communities surrounding San Antonio. 

If you’re on the way to San Antonio and want to live in the open spaces, contact  Randy or Stephanie Kelley, Realtors®, at Keller Williams Legacy, San Antonio. The Kelleys have extensive experience representing military families buying real estate in the rural areas nearest Fort Sam Houston, Randolph AFB and Lackland AFB.  Their buyer representation services are free.  Call them at (210) 863-2661 or (210) 867-8743 or visit their website at sanantoniohomequest.com.

 

 

 

 

 

 

New or Resale Home? Which is the better deal?

This home has been barely lived in, but is a resale and priced better than new.

If you are on your way to Macdill Air Force Base and are looking to buy a home, you are likely wondering if it is a better deal to buy a new or existing home. The answer is: it depends on what you are looking for. Right now there are new developments popping up everywhere and builders are offering great incentives to homebuyers. Step one is always going to be to find a good realtor who will negotiate on your behalf with selling agents and builder reps. Remember – there is no charge to you as the buyer and the other side has representation so why shouldn’t you? Here are a few points to consider when making your decision:Pros For New Construction:

  • Builder may pay closing costs
  • Realtor can negotiate upgrades
  • May have special incentives for military
  • Can be customized to suit your lifestyle
  • Shiny and new! You are the first to live here!

Cons For New Construction:

  • You will have to buy window coverings
  • If in a new community, you could be living with construction in the area for a Very long time
  • Taxes for the first year are on land only and you could see a significant increase the next year
  • You may have to pay for the upgrades you want at the builder’s prices
  • Your closing costs could be higher because there are fees the builder does not pay that a seller would

Pros For Existing:

  • Seller may have already put in the upgrades you were looking for (such as a swimming pool)
  • Seller may have more incentive to negotiate price, repairs and closing costs
  • Window coverings are usually included
  • The neighborhood is likely established with mature landscaping
  • You don’t have to find temporary lodging while the home is being built

Cons for Existing:

  • Home may have blemishes (scuffed walls, stained flooring)
  • You will likely have to pay some of the closing costs and/or prepaids
  • There may be hidden defects (always do your inspections)
  • The home must appraise

Every family has different needs and wants that can be met through new or existing homes. Talk to your real estate professional for help in  identifying the right type of home for you.

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