San Antonio, Texas Real Estate Blog & Market News - Market News | Page #3

San Antonio luxury real estate has plenty to offer, and plenty of upscale neighborhoods in which to choose from. From Alamo Heights and Terrell Hills to Olmos Park and the Dominion, San Antonio luxury real estateis certainly in no short supply. One of the most important homes in a luxury home is the kitchen, so it only makes sense that some of the newest trends in San Antonio luxury real estate can be found in the kitchen. Here are some of the newest trends in the kitchens of San Antonio luxury real estate:

  • Countertops - Bland laminates have given way to exotic cuts of granite, sleek concrete and even glass. What you can expect from luxury kitchen countertops is the unexpected. It seems as if the trend in luxury kitchens is both striking and bold.
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One of the very best things we can do when considering purchasing a Terrell Hills home is to determine how much we can afford to put towards housing expenses each month. As a result, we consider things such as our monthly mortgage payment, our homeowners insurance and our taxes into our monthly household expenses. However, not many of us take it further and really dig deep to find out how much our dream home will cost us each month. Before you sign on the dotted line for your new Terrell Hills home, don’t forget to consider the following hidden expenses:

  • Landscaping – Does your new Terrell Hills home have a sprawling backyard that is the envy of the neighbors? Although a great yard is often a selling point, consider the cost of maintaining your yard…

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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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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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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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 There seems to be a trend in today’s luxury homes that simply keeps getting better: the outdoor kitchen. In fact, many of today’s luxury homes are sure to feature the finest outdoor living spaces, complete with a fantastic outdoor kitchen.

Going Back Home: Entertaining at Home

There has been a shift in living over the last few years that has highlighted the popularity of outdoor kitchens. In short, many individuals are not heading out to find entertainment; they are finding it in their own backyard. Gathering with friends and family has taken on an all-new importance, and the home is the place to be. Today’s affluent homeowners realize that an outdoor kitchen is simply an extension of home entertaining and, as such, many of today’s Alamo Heights’…

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The courthouse steps of Bexar Country have seen a lot of activity over the past year. Foreclosure auctions, unfortunately, have become an all-too-common occurrence, not only in Bexar County, but throughout most of the country.  Looking ahead, it is expected that mortgage lenders will be coming in to take back 1,652 properties throughout Bexar County in January alone. This will likely be the highest total on record and also a clear indication that Bexar County may not be out of the woods just yet when it comes to foreclosures.

Foreclosures at Record High

This hard news is even harder to take, considering that 2009 was a quite the dismal year for real estate in Bexar County.  In fact, the total numbers of properties that fell into foreclosure in Bexar…

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The real estate catastrophe of 2009 has given way to a bit of a hangover syndrome, with everyone from buyers and lenders to home builders dusting themselves off and looking forward to 2010 to begin posting gains. 

Returning to Normalcy

The real estate market in San Antonio, including the luxury real estate market, seems to be returning to a bit of normalcy, much to the relief of sellers and home builders everywhere. The signs of recovery really took off in November, when sales jumped 52 percent from a year earlier. In fact, more than 1,500 San Antonio homes were sold in November, compared to just 1,000 in November 2008. This recent spike in sales has left the market on the same playing field as before the market began to peak.

Reasonably Priced…

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You remember the San Antonio homes with the soaring, beamed ceilings, the cascading waterfalls, the kitchen with more granite than a quarry, and the bathrooms the size of a small home?  Hopefully you have a fond memory of these San Antonio luxury homes, because chances are, you won’t see too many of them on a builder’s list of projects. In fact, many of the high-end custom home projects that were once a mainstay in the San Antonio market are now being traded for more affordable homes. Instead of the multi-million dollar homes, think half-million dollar homes. Sure, they’re still nothing to scoff at, but place them beside the homes of just a few years ago and you’ll soon see a new trend developing.

The Newest Cash Cow: The Moderately Priced Home

With…

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