San Antonio, Texas Real Estate Blog & Market News - Richard Soto's Blog | Page #13

Buying a home is still considered to be the American Dream by many; however, this dream has gotten a bit more complicated over the last year or so. One of the biggest changes to take place in the Sonoma Ranch real estate marketis that only those individuals the best credit and a substantial down payment can expect to be approved for a home loan. Simply put, lenders are not willing to give loans to those individuals who have not proven themselves to be credit worthy.

If you’ve paid your dues and have maintained a flawless credit history you are well on your way to purchasing your first home. However, along with a good credit score you must have a nice down payment for your first home. In fact, most lenders now require about 20 percent down for a new home…

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Spring is almost here and that means you may have a renewed interest in your Olmos Park home! Why not take the time to refresh and spruce up your home so that your buyers can experience spring the moment they walk through the door? There area a number of things you can do to spruce up your Olmos Park property today!

  1. Fresh flowers – Nothing says spring more than a few strategically placed vases of fresh flowers. Stop by your local florist on the day of your next open house or showing and purchase a few bouquets of inexpensive, colorful flowers. Consider placing your flowers in the entry way, on the bedside table or on the dining room table.
  2. Clean the windows – The rainy weather over the last few weeks has taken its toll on otherwise clean windows.…

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If you are looking for a way to jumpstart your real estate career, look no further than VIP Realty. With VIP Realty you will have every opportunity and advantage a real estate professional could want or need to be successful.  We are looking for dedicated Realtors to join our team and be a part of the fastest growing and most innovative real estate company in Texas. With VIP Realty your earning potential is unlimited.

We offer: Several plans to choose from:

Plan 1 (100% commission plan)

Plan 2 (80/20 Agent-Broker Split)

Plan 3 (50/50 Agent-Broker Split).

Contact VIP Realty for further details, and choose the plan best suited for you. Among the advantages VIP Realty has to offer over other real estate agencies is our high profile internet…

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One of the first things every buyer should do when purchasing a new Bexar County home is to check on their credit. Before you even begin the process of applying for a home loan, you should request a copy of your credit report from all three credit reporting agencies: TransUnion, Experian and Equifax. It is important to obtain your credit report from each credit agency, as information contained in each of these reports may differ.

Once you have ordered copies of your credit report, make it a point to read through them carefully and thoroughly and to correct any mistakes or discrepancies. Also located on each credit report is your credit score. Generally, a good credit score is anything over 700; however, what do you do when your credit score falls short…

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Military relocation is a popular term heard around San Antonio, as many families from all over the country move to San Antonio because of the many military bases found here, including Lackland Air Force Base, Brooks Air Force Base and Fort Sam Houston.

Although military relocation is similar to other types of moves, it does present a number of challenges over other types of relocation. Relocating yourself and your family due to a permanent change of station is a process that most military families must go through at one time or another, but it doesn’t have to be a stressful event, provided you take the time to plan ahead:

  • Each military relocation should start with a visit to your Personal Property Office upon receiving your orders. Make an…

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There are still plenty of San Antonio foreclosure deals on the market, but how do you find them?  Looking for San Antonio foreclosuresare typically not advertised as foreclosures, thereby making the process of finding foreclosed or pre-foreclosed properties quite difficult. However, there are a number of resources that you can use to find San Antonio foreclosure deals:

  • Public records – Foreclosures must be recorded with the country clerk through your county recorder’s office. Luckily, this information is public record and can be accessed by anyone. You can find most San Antonio foreclosure deals simply by searching for Notice of Defaults at the county recorder’s office. Other terms that may tip you off to a foreclosure or pre-foreclosure are Lis…

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There is a great supply of luxury homes in San Antonio, and there are just as many luxury neighborhoods that house these exceptional properties.  Luxury homes in San Antonio are quite different from other parts of the country, as it is possible to obtain quite a beautiful home for a fraction of what you would pay in other major cities across the country. However, in terms of features, San Antonio luxury homes are just as magnificent. Here’s what you may find when searching for luxury homes in San Antonio:

  • Spacious yards – Unlike other parts of the country where large estates are built right up against each other, many of the luxury homes in San Antonio are situated on expansive lots with mature trees and lush landscaping. Many of the luxury homes…

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Alamo Heights is a highly desired suburb, and for good reason. This city, which is well-known for its “the friendliest city in Texas” slogan, enjoys a small-town atmosphere, yet benefits from its close proximity to San Antonio. In fact, Alamo Heights is often referred to as a “city within a city,” as it is incorporated.  The residents of Alamo Heights often rave about its close-knit community atmosphere, thereby drawing in families of all shapes and sizes. As a result, real estate for Alamo Heights is sought out by many San Antonio professionals.

Alamo Heights Real Estate

Homes in Alamo Heights boast an average price of about $190 per square foot, mainly because of its prime, central location near the city, as well as Lackland Air Force Base and San…

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Phase Two of the RiverWalk Crossing project is now taking shape, although some unforeseen weather circumstances have slowed down the process a bit. Unusually wet weather conditions over the last few months have pushed the completed date to June, although it appears as if progress is starting to take shape.  Many construction companies have noted that the wet weather conditions are unlike any other they have experienced. In fact, many construction companies have said that it was one of the worse years for wet weather-related delays to date.

The phase two RiverWalk Crossing project, which will consist of two, 25,000-saquare-foot, mixed-use buildings that will house San Antonio downtown office spacewill be located at the Jenks retail center. The estimated…

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This looks like a promising year for Bexar County, in terms of homebuilding. In fact, coming off of the last few years of dismal homebuilding statistics for Bexar County, Bexar County activity appears to be heading toward a very positive year.

Homebuilding Levels in Free Fall during Recent Years

Let’s first look at the fact that, since 2006, homebuilding in North Texas fallen 70 percent. Yep, that’s right: 70 percent. According to the recent statistics, homebuilding in North Texas is the slowest it’s been in more than 20 years. With all this doom and gloom you’d think that there wasn’t a bright spot to be found; but, instead, it looks as if the Bexar County activity is quite strong. The Dallas-Fort Worth and the Houston markets were ranked as the top…

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