Sitterle Homes Opens For Sales In Prospect Creek At Kinder Ranch

September 26, 2008

Sitterle Homes has opened for sales in Prospect Creek at Kinder Ranch, a new family community nestled in the peaceful, rolling Texas Hill Country.

This gated community offers the unparalleled beauty of the Hill Country, while remaining close to San Antonio. Located only eight miles north of 1604 at Borgfeld and Bulverde Roads, Prospect Creek features 11 new traditional single-family home designs ranging from 2380 to over 4000 square feet. Many one story and two story plans are available, and each plan has many options to personalize the home for one’s family’s needs. Different plans offer a variety of unique spaces, including a hobby center, large master walk-in closets, a sunroom, a game room, library with a separate study, or extra storage in garages or on second floors. Plans with standard 3-car garages and up to 4 and 5 bedrooms are available. Imagine customized Hill Country living without the hassle of drawing plans.

San Antonio Real Estate Market Report August 2008

September 25, 2008

August 2008 MLS Report

Sales Sales Year Ago % Change Year Ago
1,710 2,317 -26%
Average Price Avg Price Year Ago % Change Year Ago
$189,509 $188,897 0%
Median Price Med Price Year Ago % Change Year Ago
$153,300 $153,500 0%
Price Per Sq Ft Price Per Sq Ft Year Ago % Change Year Ago
$89 $92 -3%
Days On Market (DOM) DOM Year Ago % Change Year Ago
83 68 22%

Forbes Least Expensive U.S. Cities For Homeowners

September 23, 2008

Behind the Numbers
To determine America’s most and least expensive places to own a home, we used data from the U.S. Census Bureau’s 2008 American Community Survey, released Tuesday. It reported the 2007 median monthly home ownership costs in the country’s metro areas with a population over 65,000. Home costs include monthly mortgage payments, real estate taxes, various insurances, utilities, fuels, mobile home costs and condominium fees.

In some areas of the country–particularly in big cities on the coasts–the costs of owning and maintaining a home are higher than ever before.

San Antonio Builders Expo Starts Friday September 26th

September 20, 2008

The Greater San Antonio Builders Association will host the Builders Showcase Expo 2008 from September 26-28, 2008 at the Alamodome.

The event, goes from 10 a.m. to 8 p.m. Friday and Saturday and 11 a.m. to 6 p.m. on Sunday.

The expo features hundreds of exhibits and booths, where businesses will show off their doors, pools, decks, closet organization systems, flooring, sheds, countertops, gutters and green building products.

You’ll be able to learn about everything from landscaping to staging your home for sale during the seminars. And dozens of builders, remodelers and real estate professionals will be on hand.

America’s 10 Hottest Labor Markets

September 18, 2008

Bizjournals analyzed private-sector employment patterns in America’s major metropolitan areas, using data from the past five years.

Bizjournals used a nine-part formula to analyze employment trends in the nation’s 100 largest labor markets. The formula was fueled by midyear data complied since 2003 by the U.S. Bureau of Labor Statistics.

#1 Houston

#2 Austin

#3 Dallas-Fort Worth

# 4 Raleigh

# 5 Seattle

#6 San Antonio

Here’s another Texas entry in the top 10. San Antonio’s key accomplishment has been keeping its unemployment rate steady: 4.5 percent in mid-2007, 4.6 percent in mid-2008. That’s especially impressive because the national rate has climbed to 5.7 percent during that same time.

San Antonio Market Ranks 15th On The Best Performing Cities Index

September 17, 2008

The Milken Institute/Greenstreet Real Estate Partners Best Performing Cities Index ranks U.S. metropolitan areas by how well they are creating and sustaining jobs and economic growth.  The components include job, wage and salary and technology growth.  The full report can be downloaded here.

This year’s rankings of where America’s jobs are being created and sustained shows the impact of a broad rebound in the technology sector, along with strong activity in exports and energy production.

Texas Real Estate Continues To Fare Better Than Many Other Parts Of The Country

September 13, 2008

RealtyTrac®, today released its August 2008 U.S. Foreclosure Market Report™, which shows foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 303,879 U.S. properties during the month, a 12 percent increase from the previous month and a 27 percent increase from August 2007. The report also shows one in every 416 U.S. households received a foreclosure filing during the month.

Medallion Homes Tops J.D. Power New Home Builder Customer Satisfaction Study

September 10, 2008

Even in the face of a challenging environment marked by declining new-home prices and notably high inventory levels, many home builders are succeeding in significantly improving overall customer satisfaction in 2008, compared with 2007, according to the J.D. Power and Associates 2008 New-Home Builder Customer Satisfaction Study released today.

Overall customer satisfaction averages 779 on a 1,000-point scale in 2008, up 38 points from 7411 since 2007. Markets experiencing the largest customer satisfaction improvements include Palm Beach, Fla.; Tampa, Fla.; and Albuquerque, N.M. In addition, overall satisfaction has increased in 28 of the 29 individual markets that were also surveyed in 2007.

10 Ways to Make Your Home Sell Faster

September 8, 2008

Simple fixes and staging practices can focus buyers’ attention in the right places and keep them from getting sidetracked by personal items in the home.

Here are some staging suggestions from Deborah Ehrlich-Layne of Staging Plus in Tampa, Fla., Handyman Matters, and HGTV’s The Stagers.

  1. Eliminate countertop clutter. A countertop covered with small appliances and utensils looks crowded, not spacious.
  2. Pack up the too-personal. Don’t leave toiletries on the counter. Stash family photos.
  3. Be prepared for snoops. Prospective buyers pull open drawers, look in closets and peek behind the shower curtain.