Bexar County, TX Real Estate News

By Wayne Johnson, San Antonio REALTOR, San Antonio Homes For Sale
(Coldwell Banker D'Ann Harper REALTORS®)
Although the video is titled "San Antonio: The Don'ts of Visiting San Antonio", there are lots of things to do. Guess I'm feeling nostalgic as we moved to San Antonio twenty-five years ago. I've lived here longer than any other city and it's still my favorite place to live. It would be nice to have professional football here considering the size of population here but it's still a great place to me.So if you would like information about San Antonio or the nearby area, call me. If I don't know the answer, I can probably help you find an answer.;
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By Wayne Johnson, San Antonio REALTOR, San Antonio Homes For Sale
(Coldwell Banker D'Ann Harper REALTORS®)
Weston Oaks Home for SaleExplain the Floor PlanAll bedrooms, four, on the first floor and three full bathrooms. Also has an office, formal dining room, butler's pantry, kitchen, and family room. There is a bonus room upstairs. Total living space is over 3,500 square feet. Kitchen FeaturesGranite counters, large island, electric range, dishwasher, and disposal. It is very open and has an eat in area. A large walk-in pantry provides lots of storage area.Bonus Room and GarageThe upstairs bonus room contains a hanging apparatus used to help with physical therapy exercise for a family member. The system can be removed if Buyers do not want it to remain. The home has a three car garage.Neighborhood AmenitiesCommunity pool, playground, basketball court and clubhouse.Public SchoolsThe area is s...
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By Jerry Newman, Texas REALTOR, San Antonio Military Relocation
(Brown Realty, 210-789-4216,)
San Antonio Texas Market Statistics for November 2022 are as follows: New Listings 2,978  Active Listings 10,304 Pending Sales 1,827 Average Price per Sq. Ft $178(7% increase) Average Sales Price $372,126(4% increase) Median Sales Price $314,625(5% increase) Total Sales for November 2,295 Average Residential Rental Price $1,772 Average Days on the market was 52 days Months of inventory is now at 3.3 months Percentage of homes sold for $199,000 or below was 12.6% Percentage of those selling for $200,000 to $499,000 was 56% Percentage of those selling for $500,000 and up was 29.4% All information is provided by the San Antonio Board of REALTORS®. If you are thinking about buying or selling in the San Antonio area, contact your REALTOR® for more information and assistance. 
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By Cathy Criado, Making Real Estate Profitable
(Criado Realty )
The Week over Week comparison for Week # 50 over #49 compares Average Sales Price, Number of Homes Sold, and Median Sales Price for homes sold in San Antonio, TX Dec 5 to Dec 11 compared to Nov 27 to Dec 4, 2022. Please first read "Know What Average Means" notice. It makes the information more understandable.  WEEK OVER WEEK COMPARISONMean Sales Price$392,109 compared to last week's Mean Average of $399,109 tells you that lower priced homes sold better compared to last week, but only a small difference. That is all it really tells you unless this ocurred for 60-90 days it isn't a trend. It is just information. We shall see.Number of Homes SoldLooking at Number of Homes Sold, 337 compared to last week's 509, about 2/3 as many homes closed (sold) compared to last week, Thanksgiving.  That...
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By Jerry Newman, Texas REALTOR, San Antonio Military Relocation
(Brown Realty, 210-789-4216,)
The truth about Christmas Spirit is showing love and generosity with a giving heart. But it’s more than that. It can be tied to feeling joyful, kind, or forgiving as well. It’s really anything that counters the natural stress felt around the holidays. Having a positive happy feeling, and avoiding all negativity is what one needs. One can also say that the Christmas Spirit is God since he gave us the greatest gift of all by sending his son in the flesh to redeem all mankind from their sinful nature that kept them separated from God. So, what does the Christmas Spirit mean to you? Is it worshiping a savior whom God sent to us? Is it about buying and giving gifts to family or friends? Is it about restoring broken relationships? Shouldn't it be about adoration, praise, and blessings to the ...
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By Cathy Criado, Making Real Estate Profitable
(Criado Realty )
The Week over Week comparison for Week # 49 over #48 compares Average Sales Price, Number of Homes Sold, and Median Sales Price for homes sold in San Antonio, TX Nov 28-Dec 4 compared to Nov 21 to Nov 27, 2022. Please first read "Know What Average Means" notice. It makes the information more understandable.  WEEK OVER WEEK COMPARISONMean Sales Price$399,405 compared to last week's Mean Average of $408,509 tells you that lower priced homes sold better compared to last week. That is all it really tells you unless this ocurred for 60-90 days it isn't a trend. It is just information. We shall see.Number of Homes SoldLooking at Number of Homes Sold, 509 compared to last week's 257, about twice as many homes closed (sold) compared to last week, Thanksgiving.  That is not surprising. Median Sa...
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By Cathy Criado, Making Real Estate Profitable
(Criado Realty )
The week over week comparison for Week # 48 over #47 compares Average Sales Price, Number of Homes Sold, and Median Sales Price for homes sold in San Antonio, TX Nov 21-27 compared to Nov 14 to Nov 20, 2022. Please first read "Know What Average Means" notice. It makes the information more understandable.  WEEK OVER WEEK COMPARISONMean Sales Price$408,509 compared to last week's Mean Average of $389,463 tells you that lower priced homes did not sell as much compared to last week. That is all it really tells you unless this ocurred for 60-90 days it isn't a trend. It is just information. We shall see.Number of Homes SoldLooking at Number of Homes Sold, 257 compared to last week's 408, 58.75% fewer homes actually sold comparatively speaking over the last two weeks. That's to be expected ov...
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By Jerry Newman, Texas REALTOR, San Antonio Military Relocation
(Brown Realty, 210-789-4216,)
You’ve most likely heard the rule: Save for a 20-percent down payment before you buy a home. The logic behind saving 20 percent is solid, as it shows that you have the financial discipline and stability to save for a long-term goal. It also helps you get favorable rates from lenders.But there can actually be financial benefits to putting down a small down payment—as low as three percent—rather than parting with so much cash up front, even if you have the money available. Many first-time home buyers are only able to qualify for the government's FHA loan that required 3.5 percent down. Some lenders do offer a 3 percent down payment for a conventional loan, but higher credit scores are required. THE DOWNSIDEThe downsides of a small down payment are pretty well known. You’ll have to pay Pri...
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By Cathy Criado, Making Real Estate Profitable
(Criado Realty )
Are you looking for a warm, comfortable, fun place to stay? Whether you need a place for your family to sleep when visiting San Antonio or you need a hub for family gatherings, you should book Tiki Taco Casa. This lovely 4 bedroom 2.5 bathroom home is my former residence. I just launched this business and have had my first guest. They were excellent guests who came to visit family who lived in the area. They wrote a fabulous 5 Star Review: It was so spacious for our family Thanksgiving gathering. Cathy was so thoughtful when preparing her home with the essentials. The neighborhood was quiet, peacful, and wonderful to walk around with the family for a stroll. The backyard is great for entertaining and just hanging out. Everything was clean and tidy. i love the uniqueness of this house. T...
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By Jerry Newman, Texas REALTOR, San Antonio Military Relocation
(Brown Realty, 210-789-4216,)
Things that I loved the most about Thanksgiving are the times spent with my family and friends. I am truly grateful for my immediate and extended family. It gave me the opportunity to enjoy some quality time and great conversations, and even shared memories from times past. Family has always been very dear to my heart, and I was taught as a young child that families support each other. I used to always look forward to our family reunions every summer, as there was always some new cousins and family members whom I had not previously met. Yes, I am truly grateful for all my family members.  After joining Active Rain in 2011, I am truly grateful for all the friendships and experiences that I gained blogging in this professional community. I never imagined or dreamed that these relationship...
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By Cathy Criado, Making Real Estate Profitable
(Criado Realty )
I am not a huge fan of statistics because having taken several courses in my business studies, I know that they can be manipulated in many ways, suiting someone's needs. I also don't like that so many terms are thrown out without knowing what they mean.  But it is important to understand market trends as investors and as real estate agents to help advise our clients.  From a consumer standpoint, we should try to understand, to avoid buying blindly.This report is from the San Antonio Board of Realtors. What you are looking at is a three year analysis of new and existing home sales by year and month, and includes data. I boxed the October data. But what does this all mean, really?Over the 3 years shown, the number of homes that sold (closed listings) dropped from 3,444 to 2,656 for a diff...
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By Potranco Realty, "Sold with Potranco Realty"
(Potranco Realty)
Happy Veterans Day November 11, 2022 Why do Americans celebrate Veterans Day on November 11th? The Treaty of Versailles was signed on June 28, 1919, marking the official end of World War I. Nonetheless, the armistice date of November 11, 1918, remained in the public imagination as the date that marked the end of the conflict. Veterans Day is a U.S. legal holiday dedicated to American veterans of all wars, and Veterans Day 2022 occurs on Friday, November 11. In 1918, on the 11th hour of the 11th day of the 11th month, an armistice, or temporary cessation of hostilities, was declared between the Allied nations and Germany in World War I, then known as “the Great War.”Information was gathered from https://www.history.com/author/history We here at Potranco Realty San Antonio TX honor our US...
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By Wayne Johnson, San Antonio REALTOR, San Antonio Homes For Sale
(Coldwell Banker D'Ann Harper REALTORS®)
87 Round Up Drive-Castle Hills TX for saleTake advantage of this rare opportunity! Owned by the same family since 1969, this two-story traditional home is ready for you to add personal touches! Within the home, you will find a lovely large living area with a fabulous brick fireplace, perfect for cozying up during the holidays.This home has a spacious kitchen that features exquisite countertops, a gas range stove, and stainless-steel appliances.The primary bedroom with an en suite bath is located downstairs and is a zone of relaxation.This home has tastefully converted the garage space for more living area. Can you say Game Room?This large room off the foyer could be used as a formal dining room.The house has received extensive care and landscaping; flagstone footpaths are featured in th...
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By Jerry Newman, Texas REALTOR, San Antonio Military Relocation
(Brown Realty, 210-789-4216,)
The termination option period, which gives the buyer the "Unrestricted Right to Terminate the Contract" under the Texas Real Estate Commission (TREC) promulgated contracts is an integral part of the contract for both the buyer and the seller. It is designed to reduce litigation after closing on a house by allowing a buyer time to do more than a walk-through of the property before fully committing to purchasing the property.It's always recommended for buyers to request an Option Period with their offers to purchase a property, and the fees and number of days for that option period is always negotiable. In the present seller's market, fees will vary from $100 to $1000 depending on buyers and sellers' negotiations.  Number of days can also vary from 3 to 14 days depending on the needs of t...
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By Jerry Newman, Texas REALTOR, San Antonio Military Relocation
(Brown Realty, 210-789-4216,)
TOWNHOUSE VS. CONDO: WHICH SHOULD YOU BUY?Whether it’s your first time buying, or you just want to purchase something smaller, townhouses and condos are both great options. Check out the differences between the two to help aid you in your search!CondominiumsCondominiums are similar to apartments in that you purchase an individual unit inside of a larger building, but not the property it sits on. This generally includes access to the building’s amenities, such as the clubhouse, pool, and gym. However, condo owners are not responsible for the upkeep and repair of these common areas. Because of the number of shared spaces, living in a condo often allows for meeting new people and building a strong sense of community. There is a fairly similar vetting process for loan approval as for a full...
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By Jerry Newman, Texas REALTOR, San Antonio Military Relocation
(Brown Realty, 210-789-4216,)
When you’re getting ready to list your home, it’s of the upmost importance to ensure you are showing it in the best light. Taking time to highlight its strengths and fix up some of its possible weaknesses can make a big difference in how fast it sells. Here are our top four recommended repairs to make before selling your home.Repaint walls.Giving your home a fresh coat of paint is one of the most cost-effective ways to spruce it up, and generally, it can be a do-it-yourself project. Make sure cover any walls with scratches and chips and consider updating any accent walls with a more neutral coat.Repair floors.Hardwood floors are a very desirable feature in a home, so you want to ensure they look their best by fixing scratches or dull areas. If your carpet is worn or stained, consider re...
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By Jerry Newman, Texas REALTOR, San Antonio Military Relocation
(Brown Realty, 210-789-4216,)
There is no doubt that blogging has its rewards and benefits. "I have often said that becoming an Active Rain member and blogging on a regular basis helped launch my online presence". Yes, it takes a lot of effort, time, and creative writing to keep your audience interested and engaged but, blogging gives lots of success stories. The most recent one was when the owner and writer for Military Relocation Professional Agents, Ms. Allison Sledge found me online to do my recent My Press Release Story.   Of all the MRPs in San Antonio, she told me that I had the best story and best online presence. This was a chance to be recognized as the go to REALTOR® for all military members and their families in and around the San Antonio area. In that story you will read how NAR® found me in 2013 and in...
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By Jerry Newman, Texas REALTOR, San Antonio Military Relocation
(Brown Realty, 210-789-4216,)
Joining Active Rain back in 2011 was one of the best business decisions I've ever made. I was able to build an online presence and establish myself as a military relocation professional serving other military veterans. Consequently, I was contacted by NAR® in 2013 about their new designation, MRP (Military Relocation Professional). I would like to share my recent press release with our Active Rain community and confirm that blogging does have its rewards and benefits.  Vietnam Veteran Helping Military Veterans with their real estate needs in the San Antonio area, especially Joint Base San Antonio which includes, Fort Sam Houston, TX, Lackland Air Force Base, Randolph Air Force Base, and SAMMC (San Antonio Military Medical Center). Read the full story in the link below.SAN ANTONIO, TEXAS...
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By Shirley Parks, Broker, 210-414-0966, San Antonio TX Real Estate
(Sands Realty 210-414-0966)
Find a Mortgage LenderTaking the first step in the home buying process can be intimidating.The first thing you need to do is know what your priorities are.Determine how long you plan on living in the home, what your desired neighborhood or area is, and what thing you will not compromise on. This is also the time to check your credit score and make sure you are in a good position to qualify for a mortgage.Before beginning your house hunt make sure to find a lender who is right for you. This is one of the most important steps in the home buying process, because if you don’t  know how much you can afford you don’t know what to look for.It is important to be pre-approved for a loan before looking at homes, in case you find one you love and want to make an offer. In a fast moving market it i...
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By Wayne Johnson, San Antonio REALTOR, San Antonio Homes For Sale
(Coldwell Banker D'Ann Harper REALTORS®)
This impeccably maintained two-story home offers 3 bedrooms and 2.5 baths and ±2138 SqFt. Great curb appeal greets visitors and passersby alike with white brick and neutral stucco façade. You’re sure to appreciate the low maintenance of solid-surface floors throughout and a fresh coat of designer colored paint.The nearby living room includes a stately fireplace and spacious layout. The updated kitchen features black cabinetry, kitchen island with butcherblock top, and a sink with a view.The primary suite is spacious with large windows and a contemporary en suite with spa-like glass shower and beautiful vanity.Out back, enjoy hosting gatherings with loved ones on the extended deck and sprawling privately fenced yard.This lovely home is in Silverbrook, and is served by Northside ISD. This...
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