San Antonio, Texas Real Estate Blog & Market News - Blog Archive: July, 2010

San Antonio’s high-rise condos are an attractive home choice for buyers who can appreciate the many amenities and conveniences condos have to offer, such as; convenient location - nearby to work, shopping, entertainment, etc., - security, state-of-the-art workout rooms, swimming pools, concierge services, maintenance crews and more. Many condos additionally offer on property dining facilities, salon services, card rooms and libraries. 

As with any property purchase, the newer and more upscale condos in the choicest neighborhoods, featuring the best views, oversized balconies, granite countertops, top-of-the line appliances, etc., can demand the highest prices, ranging from the $400,000s to even a million $ and up. However, many older more modestly…

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The San Antonio luxury home market is alive and fairly well, but nowhere near as hot a market as in the days prior to the country’s financial downturn. The federal tax credit incentives for new and move up home buyers isn’t expected to have much of an impact on the luxury market, since buyers at that level ( $500k + ) would usually not base a buy or not buy decision on the current home buying tax credits now in place. 

As resale home buyers see listing prices slowly beginning to rise in the first quarter of 2010, sales in the $200k price range are beginning to perk up considerably this spring, spurred on by federal tax incentives and very attractive buyer’s market conditions. However, for the most part, luxury properties in the San Antonio area are…

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