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January 2010

Found 10 blog entries for January 2010.

Condo living is simply spectacular in downtown San Antonio. While condo markets across the city are struggling to post gains, the condos of downtown San Antonio continue to be in high demand, thereby buoying this market along quite nicely, even given the state of the national economy and housing market.  Case in Point: the historic Peden Iron & Steel Building has been transformed into highly sought after downtown lofts: the Steel House Lofts. This newest downtown San Antonio address is slated for completion in winter 2010.

Beautiful Warehouse Conversion

The original charm is alive and well in the Steel House Lofts, as the transformation from warehouse space to trendy, downtown San Antonio lofts is flawless.  The contemporary attitude and vibrant

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There are few condos in San Antonio that are impressive as the Alteza. Sitting high atop the Grand Hyatt hotel in downtown San Antonio, Alteza is a fine example of the luxurious, high-end living that is available in downtown San Antonio. 

The First Residents are Welcomed Although the Alteza has seen its share of delays – mainly because construction crews had to concentrate on the hotel construction before the Final Four in 2008 – it has now opened its doors to its first residents. The completion of the Alteza project is a huge boom for downtown San Antonio’s evolution and for the entire city in general. For the residents of Alteza, it certainly can be said that “good things come to those who wait.” Once completed, the Alteza will feature 147 condo

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After the dismal 2009 we are all looking to move on and look ahead to new real estate opportunities in 2010. So, the question is: what are your real estate resolutions? A recent study conducted by Move.com found that there are a lot of resolutions to be found across America:

  • Nearly 18 percent of individuals who answered the Move.com survey said they hope to become first-time homeowners in 2010. If you are among that 18 percent, consider this: rates continue to be near historic lows; there is a nice supply of Champion’s Ridge homes on the market; and the first-time homebuyer tax credit has been extended into April 2010. It seems that all of the pieces of the real estate puzzle are coming together for many soon-to-be first-time homebuyers.
  • About 15
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You remember the San Antonio homes with the soaring, beamed ceilings, the cascading waterfalls, the kitchen with more granite than a quarry, and the bathrooms the size of a small home?  Hopefully you have a fond memory of these San Antonio luxury homes, because chances are, you won’t see too many of them on a builder’s list of projects. In fact, many of the high-end custom home projects that were once a mainstay in the San Antonio market are now being traded for more affordable homes. Instead of the multi-million dollar homes, think half-million dollar homes. Sure, they’re still nothing to scoff at, but place them beside the homes of just a few years ago and you’ll soon see a new trend developing.

The Newest Cash Cow: The Moderately Priced Home

With

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Our real estate team is growing by leaps and bounds, and we are currently on the hunt for only the most highly motivated individuals to join our team! Are you currently in the real estate field and you are experiencing frustration over the inflexibility and the unfair commission plans that are being offered to you? If so, then you owe it to yourself to see why VIP Realty is far different than other real estate companies.

We have a proven track record of success, and our agents are some of the top earners in the field. If you desperately want to control your own destiny and custom-fit your real estate business then VIP Realty is the company for you!

  • Our innovative commission plans allow our realtors to decide how much – or how little – assistance
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Stone Oak has a timeless quality that is just simply unmatched by any other community in San Antonio.

Excellent Location, None of the Stress

Stone Oak is located just minutes from downtown San Antonio, but you’d never know if the moment you walk along the cobblestone walkways and around the lush landscaping of this beautifully designed master-planned community. One thing’s for sure: small-town living is alive and well in Stone Oak.  Although Stone Oak is just one of the master-planned communities north of downtown San Antonio, it certainly stands out as being one of the most highly desired communities. Other communities with the same flavor as Stone Oak include: the Vineyards, Sonterra, Canyon Springs, Champion’s Ridge and Roger’s Ranch.

Outdoor

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Hill Country living has never looked so fine. One of the newest communities of the super-exclusive Dominion community, The Reserve at the Dominion is a haven for some of the most beautiful, single-family homes in San Antonio.

Prime Location

An ideal location is perhaps one of the first things that draws San Antonio residents to consider The Reserve at the Dominion: this upscale community is located just minutes from Interstate 10 and Loop 1604, while downtown San Antonio and the San Antonio International Airport are both less than 30 minutes away. From a variety of shopping and dining venues, to a myriad of corporate centers and cultural destinations, The Reserve at the Dominion is ideally located in the center of it all. Some of the best shopping in

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The San Antonio commercial real estate market isn’t all bad news: it’s just that banks are still being stingy when it comes to commercial loans.  In fact, most of the lending in San Antonio’s commercial sector is coming from the refinancing of existing debt; not for the construction of new projects. So, how do we break out of the cycle that left the commercial real estate market in San Antonio at a veritable stand still in 2009?

How to Break the Cycle

First of all, the lenders must begin to ease off the tough restrictions, thereby enabling builders and developers to obtain financing. Lenders must also be willing to put up a larger percentage and demand more realistic returns. Members of the 2009 Community Development Summit, which was recently hosted

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We hear about the lousy housing market and automatically shy away from purchasing an Alamo Heights home. Then we hear about all the great deals to be had and we rethink our earlier decision. And then, of course, we hear about the difficult credit sector and declining property values and our indecision starts again. Sound familiar? If so, you’re one of a growing number of Americans who are outright confused about this housing market and whether you want to jump into homeownership at this time.

There are those financial analysts who will tell you that now is your time to buy, while others will tell you that renting is the best bet at this point in the game. So who’s right? Well, both sides have a point, actually. Let’s start with the fact that home prices

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Multi-million dollar homes flying off the market would be a good way to sum up the San Antonio real estate market a few years ago. But times certainly have changed. As the national economic crisis took hold of even the most resilient cities such as San Antonio, buyers were no longer interested in the McMansions that were once all the rage.

Back to Basics

As a result, today’s real estate market in San Antonio is decidedly different. In fact, a good way to now sum up San Antonio’s real estate market is “back to basics.” The San Antonio real estate market, like most other markets in the United States, struggled amidst the credit sector debacle and the national economic crisis. Now that the market seems to be leveling off – and in many cases improving

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