ResalesSan Antonio, Texas Offers New Opportunities To Homebuyers
San Antonio, Texas is historically significant, romantic to visit and offers good quality of life, say local Realtors.
"San Antonio is truly a beautiful city," says Realtor Estela Haese, "The greatest thing about being here is the fact that this city has something that many other cities do not: Heart. Its people are friendly and helpful, its culture and history are fascinating, and its weather is warm. Our thriving housing industry has led to a steady outward expansion, with many beautiful neighborhoods popping up all over."
"Here are a few facts about San Antonio that may convince you to join us here in the Heart of Texas," explains Haese. "San Antonio ranked 13th in job growth out of all cities in the United States, and Texas ranked third out of all the states. Low mortgage interest rates, increased housing construction, and the Internet have created a bustling, diverse real estate market. Rising property values have provided many great opportunities for investors. Wherever you go, entertainment isn"t far away. San Antonio has attractions for everyone; theme parks such as Sea World, Six Flags, Fiesta Texas; historical landmarks like the Alamo; annual celebrations that include Fiesta and the Rodeo; sizzling nightlife at the Riverwalk and St. Mary strip; over a dozen major movie theatres, many sports teams including the San Antonio Spurs; many malls and other shopping opportunities, and fine dining of all sorts."
Says Realtor Tricia Curbello, "Northwest San Antonio is one of the fastest-growing areas of San Antonio known for its excellent schools and family-oriented atmosphere. This area is close to major military bases with easy access to downtown or the Hill Country."
Curbello advises, "There are many buyers looking to settle in this area where most homes are priced under $150,000.00. It is definitely a seller"s market in homes priced under $100,000.00 as a seller can expect many offers on a well-maintained home. Homes priced between $100,000 - $200,000 are in a neutral market and generally sell within 60 to 120 days. There is a slight buyer"s market in homes priced from $200,000 to $500,000 as there are more homes than financially able buyers, espeically in homes priced over $500,000.00."
About the increase in jobs, Realtor Sam Schifano says, "San Antonio is the future home of the PGA with two championship golf courses. Toyota will start production of the Tundra truck line in 2006 which will create thousands of new jobs."
He suggests, "Forty percent of the homes sold in 2004 were under $100,000. Forty-three percent from $100-200,000 dollars. Ten percent between $200,000 and $299,999 and the remaining seven percent above $300,000. San Antonio experienced a seven percent increase in home values in 2003, and 2004 continues to increase this upward trend. The hottest areas for growth continue to be the Northwest and Northcentral areas. With interest rates creeping up, we are beginning to see more buyers making the move to buy instead of waiting. Compared to other real estate markets, San Antonio still has very affordable homes."
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