Kendall County home prices seem pretty stable this year, and the highest sale numbers are reported on the price range below $300,000. Those above this amount are selling pretty slow, the numbers show. But positive signs aren’t reported just in Kendall County, other areas such as Medina County housing market also shows stability. However, Karen [...]
San Antonio was recently mentioned in a Brookings report as the city in the top 20 healthiest metropolitan areas in the country, but voices say now the biggest hurdle is getting buyers qualified for a mortgage loan. “Now the challenge these days tends to be getting people qualified for the loan,” Darnell said. “Everyone is [...]
Texas foreclosure trend follows the national line: July brought a 10% decline in foreclosure filings according to RealtyTrac’s recent report. A total of 10,571 foreclosure posting were recorded by the real estate tracking company in July, more than 1,000 less than a year ago. While Texas recorded a 10% drop in foreclosure filings, the nationwide [...]
Although San Antonio survived the double-digit drops that affected several U.S. housing markets, it remains on a slow, and sometimes frustrating, path toward recovery. In its latest analysis of the country’s largest metros, Brookfield, Wis.-based financial services firm Fiserv Inc. reports that home prices were up a modest 0.5 percent, over between first-quarter 2010 and [...]
Call Now Inc, an entity which owns and manages the money-losing Retama park horse track faces financial woes. Penson Worldwide Inc., a Dallas-based lender which borrowed Call Now and its chairman various loans, has started foreclosure proceedings on collateral pledged on the loans, which include bonds that helped pay for the track’s construction and stocks [...]
The recently issued Texas Quarterly Report highlights some interesting points of Texas housing market. The volume of single family home sales was 58,795, a 12% decline compared to the same period a year prior. This is the result of the government incentive which took effect last year. Dwight Hale, chairman of the Texas Association of [...]
San Antonio home builders continue their struggle to remain on the surface, but Metrostudy experts say the end of the difficult period is near. According to their latest report, San Antonio builders started 1,952 single-family homes during Q2, a 17% decline compared to the same period of 2010. In addition, they sold 22% fewer homes, [...]
