Forbes Rates The Best And Worst Cities For Unemployment Pay
June 27, 2008
Forbes just released a list which ranked the best and worst cities for unemployment pay in the nation. San Antonio came in the 8th best city with a maxed unemployment benefit of $378, low cost of living and a 3.6% unemployment rate.
Texas cities overall ranked very well due to an unemployment rate of 4.5%, which is well below the national average of 5.5% and lower cost of living compared to other states. The process of how Forbes ranked the cities is below.
San Antonio Real Estate Market Report May 2008
June 21, 2008
Sales may be down from years past but then again we are comparing 2008 to the best couple of years in San Antonio’s housing market history. With a low unemployment rate, job growth, increase in population and overall healthy local economy, we are pretty good shape compared to other U.S. cities.
Sales for Single Family homes dropped 24 percent in May 2008 to 1,821 compared with 2,388 sales in May 2007, according to the San Antonio Board of Realtors.
But home prices still continue to appreciate, as the median price rising 4 percent to hit $155,100 from $149,100 and the average price also increased by 4 percent to $191,151 from $183,065 from the same time last year.
Bexar County Foreclosure Filings Down 6 Percent for June
June 13, 2008
Written by By Aïssatou Sidimé from the Express News
Bexar County foreclosure filings dipped below 900 for the first time in five months, continuing a general trend of declines.
However, the July foreclosure auction postings still are above 2007 levels, according to two new reports.
Lenders filed to auction 872 properties in the Bexar County foreclosure auction set for July 1, according to Foreclosure Listing Service Inc.
That’s a 6 percent decline from the June auction postings.
Lenders filed to auction far fewer single-family residences, accounting for the bulk of the decline, according to data provided by San Antonio-based RexReport.com, which tracks foreclosure postings for investors.
Be Homes Opens The Parc at Escondido In NE San Antonio
June 10, 2008
Be Homes, LLC has open their latest residential community The Parc at Escondido located in Northeast San Antonio. The master planned community is on the smaller size with only have 450 homes to be built through 5 development phases.
The Parc at Escondido features a 28 acre amenity complex which includes acres of green space, a 94 ft. swimming pool, and 4,500 sq ft. covered pavilion for social gatherings, an administration building and pool house, children’s play area, pergola, separate picnic facilities, sport courts (basketball, volleyball and tennis), soccer field and baseball field.
