Fair Oaks Ranch Real Estate Market Report - Kendall, Bexar, Texas
Fair Oaks Ranch, Texas - Kendall, Bexar
| Market Commentary Provided by Joe H. Canales II If you can qualify, now is an exceptional time to buy a home in Fair Oaks Ranch. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 210-722-2624 or visit my web site at www.joecanales.com |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL 
Joe H. Canales II
Keller Williams Realty Heritage San Antonio, Texas 210-722-2624 joecanales@kw.com Agent Home Page  |
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| Nearest Metro Area | San Antonio | ||||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||||
| Average Time on Market | More than 120 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $400,000 - View Graph Trend | ||||
| Best Selling Price Range | $300,000 - $349,000 | ||||
| Worst Selling Price Range | $1,000,000+ | ||||
| Compared to Last Year | Down 0-5% | ||||
| Prices As % of Asking Price | 95-100% | ||||
| Multiple Offers? | No | ||||
| Multiple Offers Commentary | If the home is priced right and in good condition it is possible to get multiple offers on the property. | ||||
| Greatest Activity | Repeat Buyers | ||||
| Buyer Activity for the past 90 days in Fair Oaks Ranch is | Decreasing | ||||
| Seller Activity for the past 90 days in Fair Oaks Ranch is | No Change | ||||
| Is Financing Available For Qualified Buyers in Fair Oaks Ranch? | Yes | ||||
| Existing Home Prices for the past 90 days are | Increasing | ||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% | ||||
| Housing Hot Spots | Most cities within the Comal County area are considered 'Housing Hotspots' | ||||
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Fair Oaks Ranch! | ||||
| Average Sold Price | $400,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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