Category Archives: real estate

Alon Estates Offers Luxury, Location and Wooded Home Sites

Toll Brothers Alon Estates FoyerAlon Estates offers a rare opportunity to build your dream home in an upscale gated community in north central San Antonio within Loop 1604. Alon Estates offers beautiful wooded home sites and greenbelt lots, offering a secluded park like atmosphere for its residents.

Shopping, dining and recreation are all within walking distance, including HEB and Starbucks at Alon Town Shopping Center and many other fine retailers and conveniences close by.

Also within walking distance of the community are the Sheldon Vex Theatre, the Jewish Community Center and the 311 acre Phil Hardberger Park which features a 1.5 acre dog park, a playground, basketball courts and walking and bike trails. Alon Estates is also convenient to world class medical facilities at the South Texas Medical Center and is within easy access to major highways such as Loop 410, IH10, 1604 and 281.

At Alon Estates homes are available from three of San Antonio’s most prestigious and reputable builders, Toll Brothers, Sitterle and Rialto Homes.

Toll Brothers homes at Alon Estates feature magnificent kitchens, elegant bathrooms and sumptuous baths. Some of the outstanding features included as standard include stainless steel KitchenAid® appliances including range, microwave and dishwasher, granite countertops, tile backsplashes and 42” cabinets. The elegant master bathrooms include as standard a soaker tub, separate shower and his and her vanities with granite countertops and under mount sinks.

The Toll Brothers Homes at Alon Estates are the “Toll Green environmentally friendly product”, featuring high efficiency 14 SEER air conditioning units, radiant barrier sheathing in the attic and Low-E vinyl windows. Available in a wide choice of architectural styles including traditional, Mission, Mediterranean and Tuscan with floor plans ranging from 2243 square feet to 4225 square feet.

Sitterle Homes at Alon Estates feature award winning floor plans with an abundance of elevations and structural options, including dramatic high ceilings, luxurious foyers, architectural niches, and arches, magnificent kitchens and elegant bathrooms. Some of the outstanding features included as standard in Sitterle Homes at Alon Estates include granite countertops, 42” upper cabinets, tile backsplash and stainless steel Whirlpool appliances in the kitchen. Sitterle Homes at Alon Estates are High Performance Homes energy efficient homes offering energy savings with TRANE® 15 SEER air conditioning units, open-cell foam insulation, R-6 duct work, and Vinyl Low-E windows.

At Alon Estates Rialto Homes offers their Executive Series and Platinum Series of “Mediterranean-Tuscan” elevations, with exceptional architectural features that include courtyards, rotundas, spiral staircases with wrought iron balustrades, side entry garages and 3 car garages. A selection of notable features that are standard in both the Executive and Platinum series of Rialto Homes at Alon Estates include gourmet kitchens with granite counter tops, ceramic tile backsplash, 42” cabinets, 36” stainless steel gas cook tops with five burners, two 30” built in double ovens with a true convection oven and a built in microwave.  Also standard are luxurious master baths with granite countertops, under mount sinks, a 42” jetted tub, a separate shower and separate enclosed water closets.

Rialto Homes at Alon Estates are Energy Star certified and feature energy saving features such as Carrier SEER 14 A/C units, with R-6 insulated flex ducts, Vinyl Low-E windows, a tankless water heater for endless hot water (per plan) and radiant barrier roof decking. Rialto Homes offers a wide selection of elegant floor plans on 45’ and 55’ wide lots, ranging from 2358 square feet to just over 3900 square feet.

If you would like more information about this community, homes available to buy now or how to build the home of your dreams in Alon Estates, contact Trudy Edwards of KELLER WILLIAMS Realty Heritage at truesarealestate@gmail.com or (210) 595-9801.

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San Antonio Housing Market Continues to Flourish in March

KB at Lakeside Model HomeWith interest rates at historic lows and the summer months just around the corner, the San Antonio residential housing market is continuing to flourish with steady increases in sales prices and the number of homes sold each month.

The San Antonio Board of REALTORs® latest Multiple Listing Service report revealed that in March 2013 the average sales price of a single family residential home was $194,271, up five percent from last year. The median sales price remained at $158,900, the same as March 2012.

Days on market fell to just 90 days on the market in March, down from 99 days on the market in February. There were 1,826 home sales closed in March and 1,935 sales still pending at the end of March.

“Low rates continue to make this a prime time to buy and sell real estate. We saw how the low rates caused the housing market to prosper in 2012, and we are continuing to see that trend as 2013 fares even better,” said Steven Gragg, 2013 SABOR Chairman of the Board.

The average rate for a 30-year fixed loan recently fell to below 3.5 percent according to Freddie Mac’s latest Primary Mortgage Market Survey®. The average rate on the 15-year fixed mortgage dipped below 2.7 percent.

Housing inventory is at 5.3 months, compared to 6.6 months at this time last year. With a quick turnaround in sales, the market is skewing in favor of sellers with 96.9 percent of homes being sold for list price.

Homes sold in the price range under $200,000 accounted for 66.8 percent of total homes sold and those between $200,000 and $500,000 accounted for 29.2 percent. Homes priced at $500,000 and more made up 3.9 percent of the total sales for March.

“San Antonio was recently ranked by Forbes as one of the top 25 cities in the country to retire, citing the city’s low cost of living and stable economy. While other cities in the country experience peaks and downturns, San Antonio remains steady and consistent which makes it the perfect place to call home,” said Angela Shields, SABOR President and CEO.

San Antonio Home Sales Recap
March 2011 March 2012 March 2013
Total Month   Sales 1,556 1,654 1,826
Average Price   $182,871 $185,549 $194,271
Median Price $149,200 $158,600 $158,900

Signs Point to a Healthy Housing Market in San Antonio

The February 2013 Multiple Listing Service report from the San Antonio Board of REALTORS®  showed signs pointing to a healthy real estate market in San Antonio.

San Antonio home sales were up eight percent (8%) in February with 1,379 homes sold. Another indicator of a healthy housing market is that 96.3 percent of those homes sold for the list price.   

Single family residential homes spent a mere 99 days on the market in February 2013, which is a four percent decrease from this time last year.

 “Low days on market indicate consumers are finding homes more quickly and we are tilting more towards a seller’s market,” said Steven Gragg, 2013 SABOR Chairman of the Board.

According to Fannie Mae’s February 2013 National Housing Survey, 25 percent of those surveyed say they believe it is a good time to sell a house. This is the highest percentage ever recorded in the survey’s history.

In addition to the quick turnaround of home sales, there has been a boom in luxury homes for the month with 4.4 percent of total homes sold being over $500,000, the highest percentage since 2011. 

Homes sold in the range under $200,000 accounted for 66.1 percent of total homes sold and those between $200,000 and $500,000 accounted for 29.6 percent. The average sales price for February 2013 for single family residential homes was $194,003 while the month’s median price was $157,000.

“With spring and summer around the corner, we are getting ready to enter our busiest season. We are hopeful that market conditions will continue to be this favorable, allowing both buyers and sellers to be satisfied in their transactions,” said Angela Shields, SABOR President and CEO. 

 San Antonio Sales Recap

February 2011

February 2012

February 2013

   Total Month  Sales

1,079

1,278

1,379

   Average Price

$179,035

$184,397

$194,003

   Median Price

$146,000

$150,500

$157,000

For more information about buying or selling a home in the San Antonio area, contact San Antonio real estate resource, Trudy Edwards of Legend Realty Group, KELLER WILLIAMS Realty Heritage at (210) 595-9801 or truesarealestate@gmail.com for a complimentary consultation, or visit TrueSARealEstate.com.

San Antonio Real Estate – a Strong Finish to 2012

San Antonio Home SalesThe San Antonio housing market finished strong at the end of 2012 with a total of 19,940 homes sold, a 10% increase over the number of homes sold in 2011, according to the San Antonio Board of REALTORS® (SABOR) December 2012 Multiple Listing Service report.

The average sales price for single family homes sold in San Antonio in December 2012 was $192,789, a 4% increase from December 2011. The December 2012 median price was $160,200, a 5% increase over December 2011’s median price. Breakdowns in prices show that 64.6% of the homes sold were priced under $199,000, 32.04% homes sold were priced $200,000 – $499,000 and 3.17% of the homes sold were priced $500,000 and up.

Steven Gragg, 2013 SABOR Chairman of the Board  commented on the report saying, “our local economy has fared well this year, and that stability combined with job growth has supported a strong housing market.”

San Antonio saw a 2.79% increase in non-farm jobs in 2012 as unemployment fell to a seasonally adjusted rate of 5.8%, the lowest rate in four years. Job growth is expected to continue as factors such as Joint Base San Antonio and oil and gas production in the Eagle Ford Shale continue to attract people, companies and jobs to the San Antonio metropolitan area.

San Antonio was recently listed by Kiplinger.com at number 8 on a list of U.S. cities with high job growth expected over the next 5 years, Kiplinger.com anticipates that San Antonio will  add  150,000 more jobs over the next 5 years, which would be a 16% increase.

According to the National Association of REALTORS®, mortgage applications for home purchases have soared recently as buyers are taking advantage of historically low interest rates. As this demand for mortgage applications for purchases is viewed as a leading indicator for future home sales, early indications show that San Antonio can look forward to continued growth and increased home sales in 2013.

San Antonio Home Sales Are Up as Mortgage Rates Continue to Drop

If you are thinking of buying or selling a home in San Antonio, this is a good time to be in the market. The San Antonio Board of REALTORS® (SABOR ) recently reported a 7 percent increase in September sales compared to the same month in 2011, according to the September 2012 Multiple Listing Service report by). The average and median prices for September are also up, both showing a 2 percent increase from last year.

“Sales in the midrange of prices ($200,000 to $500,000) have been up the last several months, peaking in June,” Liza Reyes, SABOR Chairman of the Board, said. “This month, a good portion of sales continued to occur in this midrange, which kept prices higher and on par with previous months.”

Locally, the total number of homes sold has steadily increased in 2012, with only a small taper in September after the summer boom. However, the comparative increase in sales, with 1,683 homes sold in San Antonio in September 2012, compared to 1,534 in September 2011, confirms that the local housing market is holding steady.

Mortgage rates this month at or around 3.49% are back at record lows. The decline in the 30-year fixed rates is partially due to a result of the Federal Reserve’s recent move to buy $40 billion of mortgage-backed securities each month until the job market improves. As a result, mortgage applications for refinancing and home purchases increased across the nation.

Home buying affordability remains high for home buyers who buy now while rates are low.

Setpember 2010 September 2011 September 2012
Total Month  Sales 1,391 1,534 1,683
Average Price $185,778 $190,211 $192,594
Median Price $149,900 $152,500 $157,900

For more information about buying or selling a home in the San Antonio area, contact San Antonio real estate resource, Trudy Edwards of Legend Realty Group, KELLER WILLIAMS Realty Heritage at (210) 595-9801 or truesarealestate@gmail.com for a complimentary consultation.

Energy Efficient New Homes at Triana

Hill country views, wooded home sites, acres of greenbelts and wildlife preserves and a superb selection of energy efficient homes await homebuyers at Triana, a new home community located in Helotes, off Bandera Road, about 4.5 miles west of Charles Anderson Loop 1604.

At Triana home buyers have the choice of 55’, 65’ or 80’ lots. Many of the lots in the community also back onto greenbelt land, offering owners additional privacy and views of mature trees behind the home.

Homes in Triana are being built by three of San Antonio’s leading green home builders, David Weekley Homes, Sitterle Homes and Ryland Homes.

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David Weekley is building its EnergySaver™ Homes on 55’ and 65’ wide lots at Triana. These homes average a 65 on the HERS index. The HERS Index s a scoring system that compares the relative energy efficiency of different homes. The lower a home’s HERS index, the more energy efficient it is. David Weekley Homes was recently named as the leading green home builder in San Antonio by the San Antonio Business Journal, based on the number of green homes built in 2011.

David Weekley Homes and Ryland Homes are offering energy usage guarantees to buyers of their new homes at Triana. Based on analysis of construction and building envelope leakage the home’s energy usage is estimated and guaranteed within the guidelines of the program.

Ryland Homes has been building energy efficient homes since 1999 by utilizing blown cellulose insulation in the walls, Low-E windows and high efficiency A/C units in combination with MERV filters. At Triana, Ryland and David Weekley homes are installing 16 SEER A/C units. Ryland Homes is building three series of homes at Triana – The Enclave on 55’ lots, The Executive on 65’ lots and The Estates series on 80’ lots.

Sitterle Homes is building its Heritage Series homes on 80’ lots at Triana. Sitterle Homes was named the third leading green home builder in San Antonio by the San Antonio Business Journal based on the number of green homes built in 2011. Sitterle Homes is building High Performance Homes at Triana, complete with include sprayed foam insulation in exterior walls and the attic, Tyvek house sheathing and 15 SEER Trane A/C units. The Sitterle Heritage series of homes offers granite counter tops and stainless steel appliances in the kitchen as standard and an abundance of elevations and structural options.

Triana is in the well regarded Northside Independent School District and is served by Garcia Middle School and O’Connor High School.  Younger residents will be able to attend the brand new Los Reyes Elementary school, located just outside the community’s gate, which opens in August 2012.

Residents at Triana will also be able to enjoy the community amenity center with a park, playground and swimming pool.

If you would like more information about this community, homes available to buy now or how to build the home of your dreams in Triana, contact Trudy Edwards of KELLER WILLIAMS Realty Heritage at truesarealestate@gmail.com or (210) 595-9801.

San Antonio Home Sales Continue to Increase in May

The San Antonio Board of REALTORS® (SABOR) recently released its report on May housing sales in San Antonio which showed that the number of sales of single-family homes increased 4% compared to May 2011. Key housing indicators all improved in May 2012 compared to May 2011.

The average price for a single family home in San Antonio also increased by 4% to $197,451, while the median home price increased 5% to $161,400, compared to May 2011. Both average and median prices have improved month over month this year, marking a favorable housing trend for the year.

Liza Reyes

Liza Reyes, 2012 SABOR  Chairman

“We’re glad to see that home sales continue to increase,” said Liza Reyes, 2012 SABOR Chairman of the Board. For five consecutive months, San Antonio has had less than 7 months supply of home inventory, signaling a very balanced market in terms of supply and demand which favors both buyers and sellers.SABOR President and CEO Angela Shields said “we credit the strength of the housing market to San Antonio’s continued job growth, affordability and low interest rates

Lawrence Yun, National Association of REALTORS® chief economist, said the national housing recovery is underway. “It is no longer just the investors who are taking advantage of high affordability conditions. A return of normal home buying for occupancy is helping home sales across all price points, and now the recovery appears to be extending to home prices,” he said. “The general downtrend in both listed and shadow inventory has shifted from a buyers’ market to one that is much more balanced, but in some areas it has become a seller’s market.”

May 2012 SABOR Statistics

  • $197,451– Average price for single-family homes in May 2012, 4% higher than a year ago.
  • $161,400 – Median price for single-family homes in May 2012, 5% higher than a year ago.
  • 1,889Total number of single-family residential home sales in May 2012, 4% higher than a year ago.
  • 1,778 – The number of pending home sales in May 2012.

For more information about buying or selling a home in the San Antonio area, contact San Antonio real estate resource, Trudy Edwards of KELLER WILLIAMS Realty Heritage at (210) 595-9801 or truesarealestate@gmail.com for a complimentary consultation.

Parade of Homes at The Dominion 2012

Each year the Greater San Antonio Builders Association hosts the Parade of Homes where builders showcase their artistry in architecture, design and craftsmanship and the latest in trends in home appliances, lighting, state of the art technology, landscaping and home services.

The 2012 Parade of Homes was recently showcased at The Dominion, in Andalucia at The Dominion and Aragon at The Dominion. The Parade of Homes was open to the public and hundreds of people took advantage of the opportunity to tour these luxurious dream homes that would easily grace the pages of Architectural Digest. The Parade of Homes is always a great opportunity for potential home buyers to see the finest homes at the leading edge of home building and design available in San Antonio.

 

Builders featured at this year’s Parade of Homes –

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Design trends showcased at this year’s Parade of Homes included mixtures of textures and materials, transitional blends of traditional elegance and clean contemporary lines and home features such as outdoor living areas, spa-like master baths, wine rooms, caterer’s kitchens and home automation systems. Many of the builders are also utilizing the latest in green building trends and techniques such as Energy Star® appliances, spray foam insulation, blown in cellulose insulation, 15-SEER air conditioning units, tankless water heaters, low-E vinyl windows and other energy efficient materials to increase the to increase energy efficiency of the home.

The Dominion is one of San Antonio’s premier luxury home communities, nestled in The Texas Hill Country, yet just twenty minutes from downtown San Antonio. The amenities at The Dominion include a grand entrance, 24-Hour guard and The Dominion Country Club, which features an aquatic center, tennis courts, club house, and world class golf course that hosts the annual PGA Senior gold events. The community has 600 homes that range in size from garden homes to estates.

If you would like to learn more about the homes and lifestyle opportunities available at The Dominion, or are interested in purchasing a new home at any other San Antonio community contact Trudy Edwards of Legend Realty Group, KELLER WILLIAMS Realty Heritage at truesarealestate@gmail.com or (210) 595-9801.

San Antonio Single-Family Home Prices and Sales Rise as Job Market Sees a Boost

San Antonio Continues Upward Trend in Real Estate and Job Growth

The San Antonio real estate market is maintaining its healthy position
as average and median prices for single family home sales in San Antonio increased by 5.6% and 3.7% respectively over April 2011 numbers.
In a June report compiled from Multiple Listing Service data, the San Antonio Board of REALTORS® (SABOR) also reported that Single family home sales climbed in May, with a 19.3% increase over April 2011.

The average price for single-family homes in San Antonio in May 2011, was
$191,750 and the median sales price for single family homes in San Antonio rose to $153,400 in May 2011.

“The recent market numbers prove that homeownership in our city is a great personal investment,” said Angela Shields, President and CEO of SABOR. “Sellers are benefiting from the increased equity in their homes as a result of rising prices, but prices are still reasonable enough for buyers to enter the
market affordably.”

San Antonio continues its strong showing for economic stability, most notably with recent news about new jobs coming into the city. Kohl’s Department Stores recently announced that it will create 700 to 800 customer service jobs
in addition to the over 1,000 positions previously slated to be filled within the next two years.

The Alamo City also ranked among the four Texas locales on TheDailyBeast.com’s list of best cities for recent college graduates. The ranking considered such features as cost of living, unemployment rate, and average per capita personal income.

Scott Caballero, 2011 SABOR Chairman of the Board commented on the report saying “Job growth is among the factors we watch to determine the health of our marketplace. San Antonio’s level of job growth and its recognition as a great place for graduates entering the workforce is evidence that we have an economy that supports home ownership.”

If you are looking to buy or sell a home in the San Antonio metropolitan area, please visit my website at www.truesarealestate.com to see homes for sale, or to sign up for a complimentary market analysis for your home.