San Antonio, Texas Real Estate Blog & Market News - Richard Soto

How to Shop for Your First Home

Shopping for your first home will likely be both an exciting and overwhelming endeavor. After all, making the biggest purchase you will likely ever make is bound to come with its share of worries! However, if you break down the process of searching for your first home into manageable parts you can accomplish the goal of finding your first home without too much anxiety and stress. Here’s how to get started:

• Get pre-approved – The very first thing on every buyer’s list should be getting preapproved for a mortgage for a property. A preapproval for a mortgage is a very important first step, as it provides the buyer with the information necessary to move forward with the buying process. It allows the buyer to understand whether they have the credit to…

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The Rise of San Antonio’s Luxury Real Estate Market

Although not all of San Antonio has a reason to cheer, the luxury home market certainly does. The lower price points in the San Antonio real estate market update are still struggling to maintain ground, but the luxury home market is witnessing a flurry of activity; everything from multiple offers to cash deals. John Flournoy, has even gone so far as to call the San Antonio real estate market a “tale of two cities.” He goes on to say that “we’re seeing people come out of the rental pool because they’ve been able to sell their homes elsewhere.”

The entry level market in San Antonio, however, can’t say the same, and it seems that gas prices are to blame. Many people, with fears of increasing gas prices, are now finding that their budgets aren’t stretching…

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The Importance of Pricing Your Home Right the First Time

The marketplace is full of properties that have either sat on the market for an extended period of time or have simply expired. And the number-one reason is because the home wasn’t priced right. One of the most important things your realtor can do is help you price your home right, the first time, and here’s why:

• A Leon Valley home that’s priced right will sell faster – You may think pricing your home in a higher price range may fetch you more money for your home. Unfortunately, that’s just not the case. A home that’s priced out of its range will likely result in very few showings because it won’t be pooled in the same group as other homes similar to it. For example, if your home should be priced at $200,000, but you choose to price it at…

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Your San Antonio Military Relocation Timeline

If you are one of the thousands of families who have moved to San Antonio in recent years, you no doubt are not new to the process of relocation. In order to ensure a smooth, relatively seamless transition, it is important to create a timeline and to get help from San Antonio military relocation experts like VIP Realty. VIP Realty, San Antonio military relocation experts, can help you find a new home in San Antonio and make your move to San Antonio easier for both you and your family. Along with the help of San Antonio military relocation experts like VIP Realty, here is your timeline for planning your military move:

• Confirm the dates of your move and the first day you are to report to your position. Then create a calendar with your family to start…

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Why it’s a Great Time to Buy a Home in 2011

This year may be the best year to purchase a home! If you are in the market for a new home, and you’ve been waiting for the best time to take action, wait no longer! Why now may be the perfect time to buy a home:

• The interest rates are still very low – Interest rates continue to hover near historic lows, so you may be able to afford the home of your dreams. With low interest rates comes the ability for many home buyers to finally purchase the larger Terrell Hills home they’ve always wanted. In addition, for other home owners, this may mean their mortgage payment could be much lower than if they waited and bought when interest rates increased just a point or two.
• Good credit pays off – If you have good credit,…

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Your Guide to Buying in Today’s Market

Buying in today’s market has many advantages, and a few challenges. Because of this, now may be a great time for you to consider either purchasing your first home or your next  home. And here’s why:

• There is a large selection of available homes – Keeping in line with a traditional buyer’s market, there is a nice selection of available homes on the market. Because of this, you can expect to see any number of homes that fit in your price range. Of course, this makes shopping for a new home much easier, and better ensures you will find exactly what you are looking for.
• Home prices are still very affordable – Although the recent trends show that home prices are once again gaining steam, they are still incredibly affordable, thereby allowing home buyers…

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Terrell Hills area homes

Frederick Terrell started this small city back in the 1920s, and promoted the community as a residential paradise close to San Antonio. They were once almost taken over by the City of San Antonio when an annexation was passed, but it was done illegally, and Mr Terrell fought the action in court, and it was thrown out. Today this independent community which is also next door neighbors with Alamo Heights has a rich heritage of homes that date back ninety years, and is intermingled with all the styles that took us through the post World War II era, and mid-century modern home architecture as well. The pricing structure of single family homes in Terrell Hills shows that this suburb starts at middle to upper middle class pricing. A newlywed couple wanting to…

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San Antonio Commercial Real Estate Market Current Conditions

Currently the real estate business all over America has been showing signs of picking up steam again, but not in the traditional sense. You might say that large warehouse manufacturing real estate is not the typical hot spot any longer, but short term leasing to fulfill local or federal contracts with the government have been helping build up the San Antonio commercial real estate market currently.

The reasons vary for large parcels not being needed any longer, but the main one is that outsourcing to other countries is still a less expensive alternative than creating the same products locally. San Antonio is starting to show up on the business real estate radar a little more frequently, as the city offers a combination of low cost of doing business, and…

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VIP Realty is Hiring Realtors

Texas real estate has felt the pinch of the economy in the last couple of years, but nothing like what the rest of the country has suffered, and there are still many opportunities for real estate agents to make a great living wile doing what they love doing most.

Whether you are working in Houston, Dallas, San Antonio, and Austin VIP has opportunities for the agent that is ready reach new, and higher levels in home sales. The real estate market is not flowing like honey into the valley these days, but for sharp professionals with a goal, the current situation is a mere hiccup, in the over picture of the industry. There are hundreds of brokers that Texas licensed real estate agents can work for, and there are huge differences in many. Some will just do…

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Outlook For San Antonio Real Estate Market

Texas is fortunate that it did not have quite the fall out with foreclosures, the lack of jobs that the rest of the country is still recovering from right now. The outlook for the San Antonio real estate market is on the upswing in many sectors, but homes remain a buyers market for the time being. This is due to the tightened rules on approving just about any type of home loans. The sub prime lenders are gone and will not return any time soon, so home shoppers with bad credit would better spend their time restoring their credit to good standing.  

Currently homes in the Alamo City, are great targets for investors, and real estate flippers that have the cash to invest, and time to wait until the economy is in a bull market once again. Otherwise a large…

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