San Antonio, Texas Real Estate Blog & Market News - Richard Soto's Blog | Page #16

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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The downtown San Antonio real estate market continues to be the shining star in San Antonio. In fact, it is now becoming a hot spot for second homes.  Many local real estate agents have discovered that there has been a great deal of activity in the downtown market for individuals searching for a second home. In particular, the reasonably priced condos found here – those priced around $200,000 – are becoming a hot commodity.

San Antonio is a popular destination for very wealthy Mexican nationals, many of whom seek second homes. Many of these Mexican buyers are searching for new condominium homes, gated communities and country club neighborhoods throughout San Antonio, but the downtown market seems to be particularly appealing to their needs.

A Break…

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Many of the luxury communities in San Antonio, like the Dominion, have seen a very competitive real estate market. As more and more homes go up for sale, luxury homeowners in the Dominion are discovering that selling a luxury home may prove to be quite challenging. It is with this in mind that many sellers are concentrating on their outdoor spaces to wow buyers. The best luxury homes often have an outstanding, outdoor area for both relaxation and entertainment, so it is up to you, as a seller, to impress your buyers the moment they walk into your backyard oasis. Exciting, Outdoor Trends

  • Separate Living Areas – If you have a large, outdoor space, consider creating different living areas to better put the space to use. A grilling area, a dining area, an…

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Real estate construction projects have slowed down quite a bit, and there’s a perfectly good reason why; builders and developers are simply trying to fill up the space that they have already built.  Which means that office and retail space in San Antonio is both abundant and reasonable. For leasers, this may be a prime opportunity to snag a great office space lease, and for developers, it may be a time to get businesses into their spaces.

Although the San Antonio commercial real estate market is strong, particularly when compared to other areas of the country, many developers are nonetheless looking forward to getting construction up and running once again; and to do that, they must first lease the vacant space they already possess.

Building Remains…

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For those homeowners looking to downsize into a downtown San Antonio condo, now may be the time. The home buyer tax credit was recently extended into May 2010 (the closing must occur before July 2010), so new homebuyers, as well as those homebuyers who have lived in their current residence for at least five years, can take advantage of the government stimulus offer.

Long-Time Homeowners get in on the Action

The homebuyer tax credit, which was originally only targeted at new homeowners or those who hadn’t owned a home for the previous three years, now includes “long-time homeowners,” or those who have lived in their home for at least five years. In other words, all those retirees looking to move out of their longtime home and instead settle into a…

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There are a number of reasons to love Terrell Hills: it excellent location near San Antonio; its top-rated schools; and, of course, it’s beautiful homes. Large lots are commonplace in Terrell Hills, thereby providing an added degree of privacy to the residents of this San Antonio suburb. Terrell Hills is served by both the Alamo Heights Independent School District and the North East Independent School District. Must of the homes of Terrell Heights have either been extensively remodeled or torn down in place of more expansive homes. The homes in this area are rich in architectural detail and character, both of which are highly desired by home buyers in San Antonio. The homes of Terrell Hills are generally a lovely mix of mid-twentieth century architecture,…

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