San Antonio, Texas Real Estate Blog & Market News - Richard Soto's Blog | Page #9

Mortgage brokers are jumping ship left and right today, as lending institutions everywhere have tightened their purse strings, and no longer offering those easy to achieve sub prime loans. In Houston currently many home loan specialists are going to back to school for new career paths in order to make a living. In San Antonio, the real estate market is staying with its huge military base of homebuyers.

With Fort Sam Houston, plus Lackland, and Randolph air force bases teaming with support personnel looking to purchase single-family homes, the VA mortgage options for San Antonio homebuyers is a thriving industry. Whether they are still serving their country, are veterans, or retired there is a VA mortgage to fit a service person’s needs in the housing…

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There are few people who enjoy living in the downtown area of any major city today, and San Antonio is no exception. The tourist trade keeps that area busy, noisy for a great part of each twenty-four hour cycle, at the end of the day the luxury living in Alamo Heights is going to be a much wiser choice for most professionals, and executives that work in town Monday through Friday. Just south of the San Antonio Airport sits this small municipality, that has a perfect mix of high-end custom homes, and great retro single-family homes from the thirties and forties. This bedroom community is considered one of the safest areas in the suburbs of the city, and has its own fire, and police departments to keep homes safe, quiet, and generally free of crime.

Sure…

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The Alamo city does have a few high rise options dotting the skyline, but this is one place that is more into rentals due to the tourist trade than selling. There are however some developers who have create four very upscale high-rise condominiumsfor those who enjoy a more Metropolitan lifestyle. People usually get their first taste of what high rise living is like on television, and the movies. Places like Manhattan, New York, and Chicago Illinois have been setting the standard for this opulent lifestyle, but they are available in every major city in the United States. Usually people want to enjoy a taste of resort living, with that five star hotel ambiance throw in for good measure will be the perfect buyer of these steel, and glass-encased homes.

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The armed forces are constantly moving their personnel all over the globe, and that means uprooting their immediate family and moving them as well. Fortunately, over the years Realtors in each community has hosts a military post have become familiar with how the Army, Navy, Marine, and Air Force handle the housing needs of their single and married service members. All family’s have ample time to prepare for their next move, but many are not aware of the real estate professionals that can help smooth out the entire process, and help them find a rental home, or apartment that fits their current B.A.H. (basic allowance for housing rates). 

Many service members do not realize their entire benefit package while serving their country, never even know that…

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Living the inner city life is often times equated to young professionals doing well with their new careers, and wanting to be a part of the sprawling nightlife, including live entertainment, and plenty of places to just relax with coworkers, and friends. People also who are “Green Conscience” love living in converted loft apartments, and high rise condos that afford them the luxury of not owning a personal vehicle, and either walk to work or take public transportation for a short distance.

The downtown San Antonio real estate options, although luxurious in appointment, and priced for only persons that can afford a lifestyle that is slightly above the fold, are actually few and far between. In areas like Houston, Austin, and Dallas the high rise living…

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There are plenty of fantastic San Antonio gated communities from which to choose. Many of us, when buying a home in San Antonio, hear plenty about the perks of living in San Antonio gated communities, but what are they really and what can they offer? If security and a sense of community are what you’re looking for, then San Antonio gated communities should definitely be on your list when searching for a home. Here’s why:

  • San Antonio gated communities, because they are often revered for their added degree of safety, and therefore typically have lower crime rates than other communities, often help the homes found here better retain their value.
  • San Antonio gated communities may differ when it comes to security. Some communities will have controlled…

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Where does the downtown San Antonio condo market stand? Perhaps the best answer to this question was found at the recent Downtown Alliance’s State of Downtown Luncheon at the West Riverwalk Hotel. This is where the downtown San Antonio condo market, along with the revitalization of the downtown area, was discussed by a number of city and business leaders. The main focus of the Downtown Alliance’s annual downtown luncheon was to discuss ways in which downtown San Antonio can become a more livable and workable community. And, as always, there are challenges that must be met head-on in this quest.

Condo Financing Problems still Exist

One of the current problems discussed at the annual luncheon includes obtaining financing for downtown condos. The…

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The San Antonio commercial real estate market has certainly experienced its share of ups and downs over the past couple years. It feels rather good, then, to say that 2010 will go down as the year of the rebound for the San Antonio commercial real estate market. This was, by far, the major theme of the 2010 San Antonio/South Texas CCIM Real Estate Symposium, which was recently held at the J.W. Marriott at the San Antonio Hill County Resort and Spa.

Goodbye to 2009

Much of the talk at this year’s Symposium was saying good-bye to the dismal 2009 and looking at the gains experienced during 2010. That’s not to say that 2010 wasn’t without its challenges but, when compared to 2009, it was a breath of fresh air, to say the least. To put the difference…

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There are many Terrell Hills new homes from which to choose, which is why this suburb of San Antonio has become such a family friendly hotspot. Moving to one of Terrell Hills new homes can be quite exciting, but along the way, if you’re not organized and prepared, you could run into some bumps in the road. With that said, if you are one of the lucky homeowners of one of Terrell Hills new homes, there are a number of things you can do to make sure your move is a successful one:

  • As soon as you begin the house-hunting process for Terrell Hills new homes, start taking an inventory of your current belongings. Now is a great time to sell, donate or simply toss things you no longer need or want. If you’re downsizing, get the measurements to your new home and…

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San Antonio military relocation is commonplace, thus it comes as no surprise that the process of relocating military families is quite organized. The United States Military is an important part of San Antonio and has been for many years. It is a part of the San Antonio culture, economy and history and has done much to shape San Antonio and what it’s become today. The military’s Base Realignment and Closure (BRAC) of 2005 has been a huge boost for military relocation in San Antonio and the military expects “unprecedented growth” by 2011.

The Economic Impact of BRAC

Some estimates have the impact of BRAC to be quite dramatic, as it is expected that BRAC will generate an additional $8.3 billion in “positive economic impact through 2011.” Compared to the…

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