One of the most prudent moves a potential homebuyer can make to is to get pre-approved for a loan. Nearly half — 46% — of millennial homebuyers are looking to buy their forever home says a new report from Bank of America (NYSE: BAC). “They may not be able to realize that vision, however,” said Kevin O’Toole, Market Leader […]
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Three new retail centers planned for SA’s Far West Side
Three multi-tenant developments are in the works More retail work is also slated for the Far West Side of San Antonio as it continues to boom with new development and soaring home prices. Culebra Creek Plaza at 12030 Culebra Road will be a $1.6 million, 10,633-square-foot project. Birju Patel, director of development at Krishna Retail SA, […]
April 2022 Market Info – San Antonio
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San Antonio’s retail market solidifies rebound in Q1
Demand in the retail sector may still exceed supply. By Ramzi Abou Ghalioum and Karly Williams – San Antonio Business JournalApr 26, 2022 After a prolonged pandemic slump, San Antonio’s retail market has solidified a strong Q1 return in 2022. According to a quarterly market report recently published by Houston-based NAI Partners, retail space net absorption, or “move-in” minus “move-out” rates, in […]
Nationally, renters are paying 30% of their income on housing. In many places, they’re paying more.
As apartment rents continue to climb nationally, renters are having to fork out more of their earnings on housing. In several parts of the country, renters earning the median income of that market — or less — are having to pay more than 30% of their earnings on housing, which the federal government defines as […]
San Antonio real estate market: Stats & trends for 2022
Last updated on March 7, 2022 San Antonio is ranked by the National Association of Realtors (NAR) as one of the top 10 “hidden gem” housing markets for 2022. Despite the fact that home prices in San Antonio are up about 20% year-over-year, and the median home price exceeded $300,000 for the first time ever, the NAR […]
San Antonio among top 10 most popular places to move, driving home prices up, according to Redfin
Three Texas cities made Redfin’s top ten migration destination list San Antonio was one of the top 10 migration destinations in 2021 and the out-of-town buyers helped drive home prices up, according to Real Estate company Redfin. The Alamo City ranked No. 10 on Redfin’s list that combined Redfin home search data with U.S Census Bureau data. […]
San Antonio sparkles as ‘hidden gem’ housing market in 2022, experts predict
By John Egan For many reasons, residents of San Antonio consider the region a gem. Now, the metro area has been declared a 2022 “hidden gem” among U.S. housing markets. The National Association of Realtors recently identified 10 “hidden gem” housing markets that are expected to see strong appreciation in home prices in 2022 compared with other markets. […]
SAN ANTONIO’S FIVE MOST ‘ENERGY BURDENED’ NEIGHBORHOODS
The concept of ‘energy burden,’ or paying more than six percent of one’s income on home energy, is getting increased attention for its role in maintaining generational poverty. Today, San Antonio’s City Council voted to dedicate $30 million of its American Rescue Plan Act funding to help residents avoid forced disconnections from power and water utilities. The […]
“GROUNDBREAKING” NEWS!!!
We are elated to announce that we are well under way on our second project! This isn’t a cosmetic, “paint and carpet” remodel, this is a HUGE project. All new electrical, plumbing, foundation, HVAC… basically, everything. Location, Location, Location! We are all thrilled about this house because of the location, location, location! You can almost […]
