Archive for Housing Market

San Antonio Real Estate 78231 – Market Update

San Antonio 78231 Housing Market – Week ending June 18, 2010 San Antonio 78231 is an excellent example of supply and demand at work. Look at both charts – see how the median price moves inversely to the inventory level? As inventory levels have risen, downward pressure has been applied to the median home price [...]

This should be an interesting week in real estate.

A whirlwind of activity. Well folks, this is it. The final week of the First Time Home Buyer Tax Credit (unless you qualify as a service member of the military with “official extended duty”). We’ve been talking about it for what seems like forever, but the time has rushed by and now it’s here. The [...]

Has the tax credit helped lower inventory in San Antonio?

7-day stats for Single Family properties in SAN ANTONIO, TX as of April 16, 2010 Median List Price $169,900 Average List Price $242,168 Total Inventory 8,470 Price per Square Foot $85 Average Home Size 2,100 Median Lot Size 0 Average # Beds 3.45 Average # Baths 2.50 Homes Absorbed 611 Newly Listed 624 Days on [...]

Question: What is the average price per square foot in 78259?

San Antonio 78259 San Antonio loves their housing market statistics. A lot of keyword searches related to specific zip codes and the market statistics find their way to this site and with so many people signing up for weekly San Antonio market reports via email, it’s easy to see why so many San Antonio residents [...]

McMillin Homes’ Presidio – San Antonio 78257

Welcome to Presidio. Presidio by McMillin Homes has one of the best entrances to a subdivision I’ve seen in a long time. A grand, gated entrance with large palm trees and two monolithic community monuments, Presidio definitely evokes luxury as you enter the neighborhood. Located off of NW Military, just outside Loop 1604 (map), is [...]

Appraisals, Appraised Value, and the Fair Market Value of Your Home

How many different ways are there to determine value? The words appraisal and appraised value are thrown around a lot in real estate. You’ll hear them non-stop when you buy or sell a home. Add in fair market value (sometimes just said as market value and suddenly your faced with a swirling cloud of words [...]

The First Time Home Buyer Tax Credit Is Winding Down

April 30th is approaching fast. ** UPDATE July 2, 2010 – Congress separated the first time home buyer tax credit and National Flood Insurance Program extensions from their original bill and passed them as H.R. 5623 and H.R. 5569 respectively. President Obama signed them into law on July 2, 2010. ** ** Please note: the [...]

Paying More Than Asking Price For Your Home

How much is too much? You’ve found the perfect home. It’s perfectly priced (and your agent agrees whole-heartedly). There’s one problem. There’s an offer on the table already. Welcome to the fun world of guessing what the other offer looks like. It’s an age old real estate tradition rooted in three things: wanting to have [...]

Existing Home Sales – Down Or Up?

What’s in a number? Every month, the National Association of Realtors® releases their existing home sales numbers. It’s a vast amount of data collection and is generally considered to be an indicator of where housing sales are heading, especially in rough economic times, where we seem to be holding onto any glimmer of good news. [...]

San Antonio 78260 Real Estate Market – Year In Review

Median Price for homes in SAN ANTONIO, TX 78260 as of January 15, 2010 is $302,500 Inventory for homes in SAN ANTONIO, TX 78260 as of January 15, 2010 is 360