San Antonio Real Estate Blog

San Antonio Market Trending for a Stong Finish in 2011

Allen Realty Group: Priscilla Allen — Mon, 31 Oct 2011 13:14:00 GMT

San Antonio Market Trending For a Strong Finish in 2011

For the first half of 2011, the numbers for the San Antonio real estate market have largely been lower than expected. Luckily, the statistics from August and September have signaled a small resurgence in the area housing market. With the winter months often turning buyers away, the San Antonio market could follow up a strong early fall with steady numbers in November and December. At the very least, the numbers from September show appeal to prospective buyers who are weighing factors in deciding to buy a home.

Prospective buyers are often clouded with the decision of whether to keep renting out an apartment or to make the big step into buying a home. In the second half of 2011, San Antonio apartments have seen increasingly high rent rates, including a 2.5 percent jump from the rates of 2010. Prospective buyers and renters in the San Antonio area are also forced to choose from apartment listings at a 93.5 percent occupancy rate, making the choices very slim.

Because the rent prices have continued to jump, many of these prospective buyers are weighing harder on the option of buying a home. Another major factor for prospective buyers is the bottom line price. For the same reason rental rates may drive them to buy, they could also be attracted by declining sale prices in the San Antonio area. A median average of $183,762 for single family residential homes in September represents a three percent drop from the same time in 2010.

One of the big attractions to buying right now is the continuous dropping of mortgage rates. Right now, a 30 year, fixed rate offering has fallen to 3.94 percent, going lower than any rate in recent memory. Along with the higher rental rates, falling mortgage rates and lower median price, the San Antonio real estate market experienced a year increase in sales of nearly 8 percent in September. While the first nine months have been largely behind the 2010 rate, the big jump in September could be telling.

With the increase in sales and lower prices, the inventory in the San Antonio area has gone down a small amount. The average time on the market has increased, however, giving prospective buyers more time to make decisions during their own housing search. The September numbers have continued to cap what has largely been a very steady year for the San Antonio market. Unlike many of the real estate markets around the country, the area has used a better than normal employment situation to help keep real estate somewhat steady.

With the figures from September being particularly inviting for home buyers in San Antonio, the area market could close its sales gap by the end of 2011. The overall pace remains a little behind the nine month average for 2010, however the jump in September is encouraging. The low mortgage rates and high rental rates in the area should bring some prospective buyers into the housing market, either as the year closes or near the beginning of 2012.

Military's Medicine in San Antonio, Texas

Allen Realty Group: Priscilla Allen — Sat, 17 Apr 2010 15:16:00 GMT

The first class of Military Medical Education and Training at Fort Sam Houston will start this summer. It will be the largest facility of its kind in the world. A $940 million campus. Over 50,000 students a year (yes, I said, a year) from the Army, Air Force and Navy will graduate from the Army Medical Department Center and School. It is going to be the largest training for allied Health professionals of these sorts.

METC was created by the 2005 Defense Base Closer and Realignment Commission, or more commonly known as, BRAC. Part of $2.36 billion in new construction at Fort Sam Houston and Camp Bullis that will add over 12,500 civilian and military workers to San Antonio's oldest post.

More importantly, METC is a 21st century medicine. The METC is the largest consolidation of military training in Defense Department history, taking a larger roll a the facilities get bigger and the outreach gets better.

Another plus for our economy & our real estate industry, that is as old as the military in San Antonio, troops serving here who'll one day return to make it their home. None of these people are going to stay in the military forever, they are going to retire or they are gong to separate from the service and keep plying their trade in our community.

San Antonio, as one client told me a few years back, "a well kept little secret, as one of the best cities to live", is "no secret" anymore.

Welcome all to San Antonio,

Priscilla Allen, Realtor

Multiplex For Sale in De Zavala Trails

Allen Realty Group: Priscilla Allen — Thu, 26 Feb 2009 01:58:00 GMT

• 4,234 sq. ft., 2 bath, 3 bdrm multiplex "3 units" - MLS® $289,000 - ~SHORT SALE~

De Zavala Trails, San Antonio - ~SHORT SALE~ REDUCED $100,000~2 UNITS OCCUPIED!~ LIVE IN THE OTHER~WELL ESTABLISHED NEIGHBORHOOD! EXCELLENT CONSTRUCTION IN HIGHLY DESIRABLE AREA! CLOSE TO UTSA & MEDICAL CENTER, VALERO, USAA & IH-10. INSIDE L00P 1604 ! COULD NOT FIND A BETTER INVESTMENT PROPERTY! WELL MAINTAINED & NICELY LANDSCAPED! ONLY ONE UNIT UPSTAIRS! INVESTORS DREAM PROPERTY~ ALWAYS FULL~HURRY BEFORE FORECLOSURE~ ALL OFFERS ACCEPTED~

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Price Reduced on 12402 Autumn Vista in De Zavala Trails

Allen Realty Group: Priscilla Allen — Thu, 26 Feb 2009 01:58:00 GMT

De Zavala Trails, San Antonio - Announcing a price reduction on 12402 Autumn Vista, a 4,234 sq. ft., 2 bath, 3 bdrm multiplex "3 units". Now MLS® $289,000 - ~SHORT SALE~.

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Price Reduced on 18823 AGIN CT in The Vineyards

Allen Realty Group: Priscilla Allen — Wed, 25 Feb 2009 22:51:00 GMT

The Vineyards, San Antonio - Announcing a price reduction on 18823 AGIN CT, a 2,029 sq. ft., 2 bath, 4 bdrm single story. Now MLS® $229,900 - LOWEST PRICE IN AREA!.

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Single Story For Sale in The Vineyards

Allen Realty Group: Priscilla Allen — Wed, 25 Feb 2009 22:50:00 GMT

PERFECT HOUSE FOR A PERFECT PRICE!

• 2,029 sq. ft., 2 bath, 4 bdrm single story - MLS® $229,900 - LOWEST PRICE IN AREA!

The Vineyards, San Antonio - SHE'S ENGAGED TO BE MARRIED HER GAIN AND YOUR GAIN~ DECORATED TO THE MAX~SHE EVEN CLOSED WALLS OPEN WALLS~ SO VERY VERY PRETTY ~COMPLETELY UPDATED & RENOVATED FLOOR TO CEILING~CHEERFUL,COTTAGE-LIKE W/AMENITIES THRUOUT THAT YOU USUALLY ONLY SEE IN HOUSES PRICED 2 X THIS MUCH!~RICH HARDWOOD FLRS IN MAIN LIVING & MASTR~PLANTATION SHUTTERS~GRANITE CTRS IN THE KITCHEN & MSTR BATH~NEW JENN-AIR OVEN/COOKTOP, MICRO, BOSCH DISWASHER,DISPOSAL & TRASH COMAPACT0R! REMOTE CONTROLLED CIELINGG FANS THRUOUT & GORGEOUS LIGHTING INCLUDING CHANDELIERS,PENDANTS,ETC.! GREAT OPEN FLOOR PLAN THAT SEEMS BIGGER THAN IT IS & ALL BDRMS HAVE WLK-IN CLOSETS! LANDSCAPED W/NEW SPRINKLER SYSTEM W/MATURE OAKS~ SOUNDS TO GOOD TO BE TRUE BUT IT IS NOT!

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Single Story For Sale in Mountain Lodge

Allen Realty Group: Priscilla Allen — Tue, 24 Feb 2009 22:54:00 GMT

~1 STORY W/ BONUS ROOM UPSTAIRS!~

• 2,686 sq. ft., 2 bath, 3 bdrm single story "1 STORY W/ BONUS ROOM UPSTAIRS" - MLS® $254,900 - PRICED TO SELL QUICKLY!

Mountain Lodge, San Antonio - MOST POPULAR RYLAND 1 STORY W/HUGE UPSTAIRS BONUS ROOM(PERFECT MEDIA ROOM) FLOOR PLAN~ELEGANT 2ND LIVING & LIGHTED STEPPED CEILING FORMAL DINING AREA~BEAUTIFUL CHERRY WOOD CABINETS & ISLAND IN KITCHEN W/BILT-IN DESK AREA~DECORATIVE STONE FIREPLACE~SPLIT MASTER BEDROOM & AWESOME HIS & HER VANITIES IN BATH~STUDY/OFFICE/PLAYROOM~CORNER LOT W/SIDE ENTRY GARAGE~NICE LEVEL YARD W/ SPRINKLER SYSTEM~PLAY STATION CONVEYS~UPGRADED RYLAND ENGERY PACKAGE~ N A GATED COMMUNITY W/ A POOL/CLUBHOUSE!!~CANYON SPRING GOLF COURSE CLOSE BY & VIEWS OF HILL COUNTRY!

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Price Reduced on 1303 GOLF CANYON in Mountain Lodge

Allen Realty Group: Priscilla Allen — Tue, 24 Feb 2009 22:54:00 GMT

Mountain Lodge, San Antonio - Announcing a price reduction on 1303 GOLF CANYON, a 2,686 sq. ft., 2 bath, 3 bdrm single story "1 STORY W/ BONUS ROOM UPSTAIRS". Now MLS® $254,900 - PRICED TO SELL QUICKLY!.

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Single Story For Sale in Braun Willow

Allen Realty Group: Priscilla Allen — Sat, 21 Feb 2009 22:38:00 GMT

~MOTHER-IN-LAW OR NANNY SUITE W/BATH~

• 2,800 sq. ft., 3 bath, 4 bdrm single story - MLS® $169,900 - WOW!

Braun Willow, San Antonio - ELEGANT ENTRY W/CHRYSTAL CHANDELIER~CERAMIC TILE IN DN STAIRS ENTRY, KITCHEN & FAMILY RM~CURVING BRKFAST BAR W/PEDANT LIGHTS~ BUTLERS PANTRY~HUGE WALK IN KITCHEN PANTRY~FLIP A SWITCH FOR ROMATIC GLOW OF FP~LIGHTED ART NICHE~GUEST OR MOTHER-IN-LAW STE W/FULL BATH DN STAIRS~24x24 MSTR STE & BATH~CK OUT SIZES OF SECONDARY BDRMS~LOFT/COMPUTOR WORK AREA~BUILDERS MODEL HM~EXTENSIVE LANDSCAPING & HUGE BACKYARD~BEAUTIFUL WELL ESTABLISHED NEIGHBORHOO & FAMILY FRIENDLY~IMMACULATE CONDITION & QUICK MOVE IN~ENJOY THE HOLIDAYS IN THIS WONDERFUL FAMILY HOME!

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New way to send out E-flyers

Allen Realty Group: Priscilla Allen — Sat, 21 Feb 2009 22:17:00 GMT

Geez....we are all doing whatever it takes to get a listing sold. I receive several new e-flyers everyday and I will say I quickly click them open, but again, I quickly delete! I came across this e-flyer and thought it might be something we, as Realtors'...(read more)

Single Story For Sale in Heights at Stone Oak

Allen Realty Group: Priscilla Allen — Fri, 20 Feb 2009 19:13:00 GMT

~FULL OF UPGRADES FROM FLOOR TO CEILING!

• 2,289 sq. ft., 2 bath, 3 bdrm single story - MLS® $319,900 - SITTERLE MODEL HOME !!

Heights at Stone Oak, San Antonio - DON'T WAIT FOR A NEW BUILD! - SITTERLE MODEL GARDEN HOME W/ALL THE 'BELLS & WHISTLES'! OVER $65K IN UPGRADES. 'WOW!' ANDERSON WD WINDOWS, CUSTOM DRAPES, SURROUND SOUND & GAS LOGS! AN OVERSIZED KITCHEN W/GAS COOKTOP & DN DRAFT, ! DBL STAINLESS OVENS, CORIAN CTRS, BRONZ PLBING FIXTURES, CUSTM CABINETS W/LIGHTING & BKFT BAR! ELEGANT DINING RM W/VIEW OF WATER FEATURE! DREAMY MSTR STE W/HUGE SOOTHING LUXURY MSTR BATH! SIDE SCREENED-IN PORCH TO ENJOY OUTDOORS YEAR ROUND! GARAGE IS HEATED/AC! LUSH LANDSCAPING!

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Single Story For Sale in The Vineyards

Allen Realty Group: Priscilla Allen — Fri, 06 Feb 2009 19:07:00 GMT

PERFECT HOUSE FOR A PERFECT PRICE!

• 2,029 sq. ft., 2 bath, 4 bdrm single story - MLS® $239,900

The Vineyards, San Antonio - ~COMPLETELY UPDTED CHEERFUL,COTTAGE-LIKE W/AMENITIES THRUOUT THAT U USUALLY ONLY SEE IN HOUSES PRICED 2 X THIS MUCH!~RICH HDWOOD FLRS N MN LVG & MSTR~PLNTATION SHUTTERS~GRNITE CTRS N KTCHN & MSTR BATH~NEW JENN-AIR OVEN/CKTOP, MICRO, BOSCH DWSHER,DSPSL & TRASH CPCT0R!REMOTE CTROLLED CLG FANS THRUOUT & GORGEOUS LIGHTING INCLDING CHANDELIERS,PENDANTS,ETC.!GREAT OPN FLR PLAN THAT SEEMS BIGGER THAN IT IS & ALL BDRMS HAVE WLK-IN CLOSETS! LDSCPD W/NEW SPRKLR SYSTM W/MATURE OAKS~ SOUNDS 2 GOOD 2 B TRUE BUT IT'S NOT

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Single Story For Sale in The Vineyards

Allen Realty Group: Priscilla Allen — Fri, 06 Feb 2009 17:42:00 GMT

PERFECT HOUSE FOR A PERFECT PRICE!

• 2,029 sq. ft., 2 bath, 4 bdrm single story - MLS® $239,900

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Single Story For Sale in Guadalupe County

Jerry Allen — Mon, 17 Nov 2008 16:20:00 GMT

• single story - MLS® $996,000

Guadalupe County, Texas - GREAT PROPERTY WITH RESIDENTIAL DEVELOPMENT POSSIBILITIES LESS THAN 1/4 MILE TO EXISTING(NEW) DEVELOPMENTS BY 2 NATIONAL BUILDERS. PROPERTY IS IN ETJ OF NEW BRAUNFELS AND IN NEW BRAUNFELS SCHOOL DISTRICT BUT IN GUADALUPE CO. WHICH MEANS LOWER TAXES. PROPERTY IS LESS THAN 2 MILES FROM I 35 AND LOTS OF NEW COMMERCIAL DEVELOPMENT (LOWES, WALL MART AND MORE. PROPERTY IS JUST SOUTH OF COUNTY LINE RD CALL JERRY ALLEN FOR MORE INFO (210) 260-4723

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Price Reduced on 2357 Fm 1044 in Guadalupe County

Jerry Allen — Mon, 17 Nov 2008 16:20:00 GMT

Guadalupe County, Texas - Announcing a price reduction on 2357 Fm 1044, a single story. Now MLS® $996,000 - .

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