San Antonio, Texas Real Estate Blog & Market News - Richard Soto's Blog | Page #23

Foreclosures are seen in the San Antonio real estate market, and may continue for the immediate future. While there are deals to be had in the Bexar County foreclosuremarket, buyers must also be aware of the downside to buying homes in foreclosure.

Be Aware of Auctions

Unless you’re a seasoned real estate investor, it’s best to avoid auctions, for a number of reasons:

Most banks will not accept loan contingencies in an auction, so don’t expect to be able to negotiate any.

Bids are sealed, which means you won’t know what anyone else is bidding. You will need to do your research and determine such factors as the market value and the neighborhood, and then add to that any repairs that you’ll need to make.

Banks will also typically expect a large,…

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As the gateway to Southern Texas, San Antonioenjoys a beautiful blend of cultures which are entwined into the sights and sounds enjoyed by so many.This flourishing area combines the sights and sounds of today's American and Mexican cultures with the lure and captivation of its colorful past. Old-world, open markets and contemporary art galleries create a unique fusion for residents and visitors alike. Its rich history is apparent the moment you experience the architecture, the neighborhoods, the food, the culture and the traditions that make up San Antonio. A gorgeous, sight-to-be-seen downtown area, a superb climate and cultural and historical sites and experiences are what make San Antonio the special destination that it is.

The River Walk

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Diversity is the main factor fueling San Antonio's thriving business development sector. New job opportunities are abundant, thanks to new and expanding businesses, strong business incentives, a low cost of living and affordable housing. An educated, qualified workforce of more than 900,000 people, as well as over 120,000 students enrolled in area colleges and universities who plan to stay in San Antonio after graduation, keeps San Antonio's business and industry running smoothly, as does San Antonio's strong, transportation infrastructure.

Companies are attracted to San Antonio because of the low cost of doing business, which is reflected in San Antonio boasting some of the lowest utility rates in the nation. San Antonio's affordable cost of living,…

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With an average temperature of 70 degrees and 300 days of sunshine every year, it's no wonder why people flock to San Antonio. It's the abundant excitement, opportunities and growth, however, that make them settle down and stay awhile.

Just the Facts

San Antonio is the third fastest-growing city in the US, the fastest growing city in Texas and the seventh largest city in the US. recently ranked San Antonio as the nation's second top recession-proof city.

More than 26 million people visit San Antonio every year. It is one of the safest and most affordable cities in the US and was rated as one of the top 25 cities in the US for the arts, according to American Style magazine. Travel Smart has ranked San Antonio as one of the most…

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Let’s face it. It’s no longer a seller’s market. Gone (at least for the immediate future) are the days of homes priced greatly above their appraised value and homes flying off the market in a matter of days.

Homes in Leon Valley remain on the market for an average of 90 to 120 days. That’s three to four months of waiting, wondering and agonizing over whether your home will sell. To expedite this process, and to attract potential home buyers, there are few, basic things to take care of:

Price it Right

If you have time to spare and selling your home quickly is not a priority, then by all means, price it higher and be prepared to wait. However, if you’re like most people selling their home, you want a quick sell. Therefore, the bottom line is: price it…

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Alamo Heights is a quiet, suburban haven with a warm, old-fashioned, family-oriented feeling. Alamo Heights, which is known as "the friendliest city in Texas," is located just two miles from downtown San Antonio. Major roadways into the city include Interstates 35, 10, 410 and U.S. Route 281, all of which allow for an easy drive into the city. In fact, most residents of Alamo Heights enjoy a commute of less than 20 minutes. Most residents of Alamo Heights are involved in education, health and social services, professional services, finance and insurance industries.

Homes in Alamo Heights This residential suburbia has a diverse selection of homes in a wide variety of prices. Most of the single-family homes in Alamo Heights consist of two-story,…

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