San Antonio Real Estate Market Report March 2009
April 30, 2009
San Antonio March 2009 MLS Report |
||
| Sales | Sales Year Ago | % Change Year Ago |
| 1,331 | 1,659 | -20% |
| Average Price | Avg Price Year Ago | % Change Year Ago |
| $175,157 | $181,306 | -3% |
| Median Price | Med Price Year Ago | % Change Year Ago |
| $146,000 | $149,000 | -2% |
| Price Per Sq Ft | Price Per Sq Ft Year Ago | % Change Year Ago |
| $83 | $86 | -3% |
| Days On Market (DOM) | DOM Year Ago | % Change Year Ago |
| 103 | 90 | 14% |
| New Listings | Active Listings | Pending Sales |
| 3,048 | 12,253 | 1,451 |
| 8.4 Months of Inventory | ||
Source: SABOR
San Antonio Ranks 3rd for Best Big Cities For Jobs
April 14, 2009
The study is based on job growth in 333 regions–called Metropolitan Statistical Areas by the Bureau of Labor Statistics, which provided the data–across the U.S. Our analysis looked not only at job growth in the last year but also at how employment figures have changed since 1996. This is because we are wary of overemphasizing recent data and strive to give a more complete picture of the potential a region has for job-seekers.
The top of the complete ranking–which, for ease, we have broken down into the two smaller lists, of the best big and small cities for jobs–is dominated by one state: Texas. The Lone Star State may have lost a powerful advocate in Washington, but it’s home to a remarkable eight of the top 20 cities on our list–including No. 1-ranked Odessa, a small city in the state’s northwestern region. Further, the top five large metropolitan areas for job growth–Austin, Houston, San Antonio, Ft. Worth and Dallas–are all in Texas’ “urban triangle.”
The reasons for the state’s relative success are varied. A healthy energy industry is certainly one cause. Many Texas high-fliers, including Odessa, Longview, Dallas and Houston, are home to energy companies that employ hordes of people–and usually at fairly high salaries for both blue- and white-collar workers. In some places, these spurts represent a huge reversal from the late 1990s. Take Odessa’s remarkable 5.5% job growth in 2008, which followed a period of growth well under 1% from 1998 to 2002.
No. 10: Portland-Vancouver-Beaverton, Ore.-Wash.
No. 9: Oklahoma City, Okla.
No. 8: Raleigh-Cary, N.C.
No. 7: Salt Lake City, Utah
No. 6: Seattle-Bellevue-Everett, Wash.
No. 5: Dallas-Plano-Irving, Texas
No. 4: Fort Worth-Arlington, Texas
No. 3: San Antonio, Texas
The education and health care services sector is a large contributor to the employment success stories of the nation’s largest cities, in particular, the fast-growing cities west of the Mississippi. Cumulative growth between 2000 and 2008 for education and health care in San Antonio was 34.2%; so far, no slowdown is reflected in that data. Still, overall jobs increased only 0.5% in 2008, down from cumulative growth of 10.8% between 2004 and 2007.
No. 2: Houston-Sugar Land-Baytown, Texas
No. 1: Austin-Round Rock, Texas
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New Homes Located In The Pinnacle At Oak Hills And Shavano Park Villas Communities Are Up For Auction On April 21st
April 8, 2009
On Tuesday, April 21 more than 49 homes built by The Birkel Residential Group, LLC will be sold, five of them to the highest bidder regardless of price, at an auction organized by NCA Auctioneers, LLC, a Tulsa, OK company headed by industry veteran Stephen Karbelk, CAI, AARE.
Roger Hooten, president and CFO of the Texas-based developer says homes in two Birkel communities are featured: Pinnacle at Oak Hills, an urban oasis of over-sized condominiums adjacent to the Oak Hills Country Club and South Texas Medical Center; and the luxury villas at Shavano Park Villas, which include optional elevators and a maintenance-free lifestyle in a garden setting.
“Auctions are a 21st century method of selling homes in an expedited fashion, allowing potential buyers to become actual home owners in as little as 30 days from settlement,” says Hooten.
Open houses hours each weekend Friday-Sunday are 9:00 a.m. to 5:00 p.m. (Except April 12: Noon to 5:00 p.m.) at Pinnacle, 7342 Oak Manor Drive, San Antonio, TX 78229; and Shavano, 4199 Texas Elm, San Antonio, TX 78230.
Auction location is the Hyatt Regency Hill Country Resort, 9800 Hyatt Resort Drive, San Antonio, TX 78251. Registration starts at 5:00 p.m. (CDT); the auction is 6:30 p.m (CDT). Suggested starting bid is $50,000. According to the San Antonio MLS, currently homes at the Pinnacle at Oak Hills have a list price of $250,000 and homes at Shavano Park Villas are listed between $545,000 and $655,000. Attractive financing is available and qualified first-time buyers get an $8,000 credit towards the purchase price.
Founded by Klaus Birkel, the company is known for including luxury “upgrades” in the base price of their homes, putting such upscale touches as granite kitchen countertops, marble baths and stainless steel appliances within reach of an expanded pool of home buyers.
For professional buyers representation and assistance with your purchase, contact Daniel Gaitan at 210-846-5282 or register below:
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Pinnacle at Oak Hills
5 PROPERTIES SELLING ABSOLUTE TO THE HIGHEST BIDDER – 43 properties to choose from!! All units are 2 Bedroom/2 Bathrooms with incredible features throughout. Suggested Opening Bid Per Property: $50,000
Luxury condominiums overlooking the Oak Hills Country Club and adjacent to the South Texas Medical Center in San Antonio, Texas. This urban oasis is over 50% sold out in Phase 1 and seeing record interest from golfers and Medical Center professionals as buildings go up and home buyers take note. Each home is a private retreat with unique attention to detail, outstanding design and exceptional quality. Pinnacle at Oak Hills incorporates the finest of appointments, finishes and features to offer a truly luxurious living experience.
PLUS – Attractive Financing Available for Owner-Occupant Buyers! Buy a new home at auction prices!
Features include:
- 9′ – 10′ Ceilings
- 4″ Base Moldings
- Private Balcony
- Granite Countertops in Kitchen & Select Home Bathrooms
- Under-mounted Double Compartment Kitchen Sink
- Microwave
- Range
- Self-Cleaning Oven
- Ceramic Tile in Bathrooms
- Oversized Garden Tub
- Spacious Walk-In Closets
- Solid Core, 2 Panel Bedroom, Bathroom & Entry Doors
- 2″ Blinds
- Designer Lighting Package
- Fire Sprinkler System
- Pre-Wired for Alarm System, Phone, Internet & Cable
Energy Efficiency Features:
- Double-pane Insulated Windows
- Programmable Thermostats
- Individual HVAC/Hot Water
- Ceiling Fans
- 13 SEER Air-conditioning
Exterior Building Features:
- Cultured Stone & Stucco Facade
- Architectural Grade Composition Shingle Roofs
Master Bathroom Features:
- Ceramic Tile
- Two Sinks
- Solid Core, 2-panel Doors
Select Homes & Optional Features: (select units only)
- Vaulted Ceilings
- Solid Wood Flooring
- Stainless Appliances
- Crown Molding
- Porcelain/Slate Tile
- Mosaic Tile Backsplash
- Combined Floor Plans Available
AUCTION LOCATION: Hyatt Regency Hill Country Resort, 9800 Hyatt Resort Drive, San Antonio, TX @ 6:30pm. Registration starts at 5:00pm.
AUCTION TERMS: In cooperation with ERA Associates BOERNE, Broker of Record, and Daren Shumway, Auctioneer, TX#16439, NCA Auctioneers, LLC. 5% Buyers Premium, Closing within 30 days of auction, 5% deposit required at the auction with a minimum deposit of $5,000 for owner-occupants and $10,000 for investors. All homes come with a One Year Builder Warranty.
Shavano Park Villas
NEW HOME BUILDER AUCTION – 6 new homes in one of San Antonio’s newest exclusive addresses – Shavano Park Villas. Suggested Opening Bid Per Property: $50,000
This is your opportunity to buy one of these elegant garden villas that provide luxury and maintenance free lifestyle in a sophisticated setting. Two properties are near completion, two properties are currently under construction, and two properties are to-be-built.
Offering 3 unique floors plans, these homes have many features, including:
- 2 and 3 story Garden Villas with private balcony and patios overlooking the city.
- Elegantly styled 3 and 4 bedroom floorplans ranging from 2,751 to 3,317 sq ft
- Opening living areas with 4 custom finish packages to choose from
- Fine custom cabinetry, granite, and stainless steel appliances in kitchen
- Lavish Master Suites, Den/Study, 3 1/2 baths along with balcony/interior courtyards
- Stunning entry doors, wood flooring and custom designer upgrades throughout
- Private interior elevators optional on all units
- 4 sides masonry and stucco with two car attached cedar stained garage
- Energy efficient radiant barrier decking and metal roofing
- Energy Star Viking Appliances
- Controlled Access Gates
- Full landscaping and irrigation with yard maintenance
With the convenience of the finest shopping and dining within minutes of home along with effortless access to Loop 1604 and I-10, Shavano Park Villas is an ideal location for homebuyers.
AUCTION LOCATION: Hyatt Regency Hill Country Resort, 9800 Hyatt Resort Drive, San Antonio, TX @ 6:30pm. Registration starts at 5:00pm.
AUCTION TERMS: In cooperation with ERA Associates BOERNE, Broker of Record, and Daren Shumway, Auctioneer, TX#16439, NCA Auctioneers, LLC. 5% Buyers Premium, Closing within 30 days of auction, 5% deposit required at the auction with a minimum deposit of $5,000 for owner-occupants and $10,000 for investors. All homes come with a One Year Builder Warranty.
For a complete listing of the properties available and more details about the auction, please download the Property Information Package. For more information, call the Auction Hotline at 877-895-7077. Si usted habla espanol llman 866-933-7779.
Forbes Top Ten Cities Where Americans Are Relocating
April 6, 2009
Written By Lauren Sherman from Forbes.com
Behind the Numbers
To determine the fastest-growing metro areas in the country, we used 2008 population estimates for metropolitan statistical areas with a population over 1 million, released March 19, 2009, by the U.S. Census Bureau. MSAs are geographic entities defined by the U.S. Office of Management and Budget for use by federal agencies in collecting, tabulating and publishing federal statistics.
We then compared the 2008 population estimates to the previous year’s data to see which areas had grown the most, percentage-wise.
No. 10: Denver, Colo.
No. 9: Atlanta, Ga.
No. 8: New Orleans, La.
No. 7: Houston, Texas
No. 6: San Antonio, Texas
(San Antonio metro area)
2008 Population: 2,031,445
2007-2008 Change: 2.34%
With a 6.3% unemployment rate, San Antonio’s job market is faring better when compared with the country overall. The metro area’s success has a lot to do with its sizable health care and oil companies, including Valero Energy and Tesoro Petroleum.
No. 5: Dallas, Texas
No. 4: Phoenix, Ariz.
No. 3: Charlotte, N.C.
No. 2: Austin, Texas
No. 1: Raleigh, N.C.
To read the entire article visit Forbes.com
