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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Lackland AFB. Low rates with falling home prices makes a home purchase a great value! Call for a free consultation at 210-204-6284
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| Average Home Price | $150,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 0-5% |
| Average Time on Market | 60-90 days |
| Best Selling Price Range | $100,000 - $149,000 |
| Worst Selling Price Range | $250,000 - $299,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Lackland AFB is | Increasing |
| Seller Activity for the past 90 days in Lackland AFB is? | No Change |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | Individuals stationed at Lackland have such a wide array of choices for where they might want to purchase a home. There are areas which are receiving multiple offers, but as for the immediate area south of highway 90 multiple offers are uncommon. Multiple offers are more prevelant in areas north of HWY 90 and closer to 1604 and 151 which although not in the immediate Lackland area is where many people stationed at Lackland Air Force Base ultimately decide to purchase a home as well as the Alamo Ranch area for those looking in the $200+ price range on average. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 10-15% |
| Is Financing Available For Qualified Buyers? | Yes |
| Comments on Financing For Qualified Buyers | Financing is still available for qualified buyers interested in homes around the Lackland area. Please feel free to call us if your interested in apeaking to one of our preferred lenders. |
| Housing Inventory | Good supply - Some Prices |
| Inventory Comments | Inventory is up in the Lackland Air Force Base area as well as some of the communities near lackland where buyers have been making purchases. There is so much new growth in the cities northwest side that new homes and preowned homes are available and many sellers are willing to sell homes for a lower than listed price. |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Job Growth |
| Nearest Metro Area | San Antonio |
| Housing Hot Spots | Housing Hotspots near the Lackland area are Westover Hills and Alamo Ranch. If you are willing to have a longer commute Stillwater Ranch is another consideration as well as Dancing Bear Ranch and even the Helotes area. There are also many new subdivisions along 1604 and Potranco. |
| Average Sold Price | $150,000 - View Graph Trend |
Lackland AFB Local News
News for Lackland AFB, TX - Thursday July 9th, 2009 8:34am
With the relocation of many Civil Service members as well as active duty Air Force members the Lackland area continues to be an area researched for home purchases. In the near immediate vicinity there are a few new home communities where a brand new home can be bought with a 10 minute commute to Lackland as well as many older communities. However; many Lackland service members choose to find a home that is a little further away off of HWY 1604 or HWY 151. Some of the most popular areas chosen would be subdivisions immediately off of 1604 and Potranco and the Westover Hills or Alamo Ranch areas. Please feel free to contact us if you would like free buyer assistance in finding and purchasing your next home as we'll be glad to fill an any blanks regarding the home buying process.
Contact Information
Teri Lucas
210-834-6877
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– Feb 10th, 2012 –
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30 yr. fixed rate: 3.89%---------------------------------
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.60%
15 yr. jumbo rate: 3.96%
Home Values
StreetZip Code
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Teri Lucas
Aterj Realty
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 210-834-6877
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