Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Randolph AFB. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 210-204-6284

Average Home Price $175,000 - View Graph Trend
Average Price Compared to Last Year Up 0-5%
Average Time on Market 60-90 days
Best Selling Price Range$150,000 - $199,000
Worst Selling Price Range$350,000 - $399,000
Prices As % of Asking Price 95-100%
Existing Home Prices for the past 90 days are?No Change
Market Trend No Change
Buyers’ or Sellers’ Market More sellers than buyers
Buyer Activity for the past 90 days in Randolph AFB isIncreasing
Seller Activity for the past 90 days in Randolph AFB is?No Change
Multiple Offers?Yes
Multiple Offers CommentaryAs mentioned well priced homes which are well maintained in close proximity to Randolph Air Force Base are receiving multiple offers especially when thay have unique and desireable qualities.
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?5-10%
Is Financing Available For Qualified Buyers?Yes
Comments on Financing For Qualified BuyersFinancing is available for all qualified buyers interested in purchasing a home in the Randolph Air Force Base areas.
Housing Inventory Good supply - Some Prices
Inventory CommentsDue to the nature of a military installation there are always homes going up for sale and homes being purchased. With the desireability of some of the subdivisions and communities in the area average days on market is often lower than the San Antonio average. Compared to two or three years ago inventory is up, but multiple offers on well priced and well conditioned homes is still normal.
Greatest Activity Repeat Buyers
Reason to Buy/Sell Good economic news
Nearest Metro AreaSan Antonio
Housing Hot SpotsSome of the communities near Randolph AFB that would be considered Housing Hotspots are Schertz, Selma, Cibolo and for those in the higher price ranges Garden Ridge. Universal City and Live Oak also offer more affordable housing in the $100's.
Average Sold Price $175,000 - View Graph Trend

Randolph AFB Local News

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.

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     210-834-6877
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Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.89%
 15 yr. fixed rate:     3.21%
  30 yr. jumbo rate:  4.61%
  15 yr. jumbo rate:  3.97%

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Teri Lucas
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Teri Lucas
Aterj Realty
Aterj Realty

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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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