Wednesday, June 20, 2018
Home to Texas State University and the popular outlet mall, San Marcos is just a short 45 minute drive from San Antonio. What you probably did not know is that AARP The Magazine recently recognized San Marcos for its affordability, ranking the city one of the best places to live for under $40,000 a year.
One of Texas’ oldest towns, whose population is 63,000 and counting, appeals as an inexpensive place to live for people of all ages. A house will cost you $230,000, which is significantly lower than Austin at $340,000.
Our apartment locators at Apartments Now understand the importance of housing affordability and will work to find you the best home for your budget. Give us a call to start your free apartment search today!
Wednesday, June 13, 2018
The average rent rates In San Antonio continue to rise, despite the high occupancy rates. While occupancy rose to 89.9 percent, average rent also increased to $928 during the month of May. Not only did rent increase, but so did the average size of an apartment to 850 square feet.
Rent continued to increase, even as hot markets developed across the city. Areas like Leon Springs, Boerne, Kerrville and Brooks have all seen significant annualized growth. The Northwest submarket, I-10 and Loop 1604 continue to be one of the most active areas for multi-family development. These areas have continued to see price increases, driving renters towards more affordable deals further along North I-10.
If you are in the market for an apartment, take note that concessions will continue to decrease as summer rolls in. Call our expert apartment locators today at (210) 802-1112 to start your free home search!
Thursday, May 31, 2018
Home sales in San Antonio hit record high numbers during April 2018, according to a new report from the San Antonio Board of Realtors. If you’re ready to tackle the summer home buying season, be prepared to make a quick decision.
Not only are the number of homes that sold in April surprising, but also is the prices those homes sold at. Of the 2,848 homes sold, almost every home sold for list price or higher. Do not let this discourage you from buying your next home. Even though inventory is flying off the market, home sales remain consistent. Statewide home sales rose 4.4 percent during April. In San Antonio, home sales jumped only 3 percent.
The real estate market in San Antonio still remains more affordable than other cities in Texas. Whether you are looking to rent or buy a home in San Antonio, our apartment locators at Apartments Now can help! Give us a call at (210) 558-7377 to schedule your free appointment today!
Tuesday, May 15, 2018
The San Antonio real estate market is H-O-T. Not only did home sales rise 3.8 percent in 2017, but the upward trend is continuing to soar into 2018. We know there are many neighborhoods to choose from, which can complicate a home search, so we’ve highlighted some of the hottest spots right now in San Antonio.
This is where old-school charm meets modern and it is unlikely you will find two homes of the same. The area is home to old-school favorites like the McNay Art Museum and new hangouts like Local Coffee and Bird Bakery. Recognized for their scholarly educational programs, Alamo Heights has a little of something for everyone.
Also known as Southtown, one of the city’s hippest neighborhoods, it is adjacent to the Hemisfair and the edge of downtown San Antonio. Homes are nestled in the historic district as well as downtown high rises.
This east side of town is up and coming and perfect for those looking to revitalize an older home. Next door to the Historic Pearl, this neighborhood won’t disappoint.
In 2016, this neighborhood topped the Forbes most expensive suburbs list. This area is known for a mix of historical and newer homes.
This large lot neighborhood, with hill country views of I-10, this gated community continues to have expansive growth.
How can you choose the right neighborhood? Our apartment locators at Apartments Now are experts in the current real estate market and can help. Give us a call today at (210) 802-1112.
Tuesday, May 8, 2018
Owning a home has always been part of the American dream and has stood for stability, control and saying goodbye to rising rental prices. Today, finding affordable housing is a struggle for many during the home buying process due to low inventory and climbing prices. We know it’s tough for San Antonio homebuyers to find the perfect home for their budget, so to make your home search a little easier we are breaking down the local market trends for you.
The seasons are changing in home buying.
A new report from the real estate experts at Trulia ranked San Antonio No. 1 among 10 U.S. markets where list prices have stalled or fallen. Along with the Alamo City, 3 other Texas metros appeared on the list. Both Austin and San Antonio revealed price decreases, and Houston and Dallas reported markets where home prices had stalled.
Good news for San Antonio homebuyers. According to Trulia, the median listing price had decreased by more than 5 percent the past year. Even though home prices have declined or stalled, home values are still on the rise.
Whether you are looking to rent or buy a home in San Antonio, our apartment locators at Apartments Now can help! Give us a call at (210) 802-1112 to schedule your free appointment today!
Tuesday, May 1, 2018
Over the past three years, supply has outpaced demand in the 35 biggest housing markets in the country. Last year home buyers walked away with homes at a faster pace than prior years, according to a new report by the industry experts at Zillow. Therefore, we are breaking down the real estate market for you before you begin your home search during prime home buying season.
Buyers and sellers in San Antonio should be prepared for inventory to move quickly. San Antonio homes on average stayed on the market for only 73 days. Putting the real estate market in an inventory crunch.
The Dallas real estate market was at an even faster pace averaging 55 days on the market. However, the Austin market was a little slower at 61 days on the market. Even with the effects of Hurricane Katrina, Houston averaged 81 days.
Need to find the perfect place to call home in San Antonio? Our apartment finders can help! Give us a call today at (210) 558-7377.
Friday, April 13, 2018
The millennial generation is renting more than any other generation, plus they are known for moving around. When it comes to housing, they are also the generation hardest hit by rising rents. Generation Z, the generation following millennials, might even have it worse.
Millennials might earn more than previous generations, but they also will pay more in rent. By the time millennials turn 30, they are looking to pay $92,000 in rent, according to a new RentCafe report.
Even though rent is on the rise in San Antonio, does not mean you have to pay more. Our apartment finders can help you save time and money in your rental search. Call our apartment locators at (210) 802-1112 today!