Sales Activity is Up in San Antonio

October 12, 2010

Retail activity in San Antonio is growing, sales tax data shows.  San Antonio will receive a $16 million allocation from the state in sales tax revenue in October.  This is up 2.62 percent from October 2009. Click here to read full article.

S.A. Unemployment Rate Falls

September 30, 2010

SAN ANTONIO (San Antonio Business Journal) – San Antonio-New Braunfels gained a net 200 jobs while the unemployment rate dropped to 7.6 percent last month, down from 7.7 percent in July, according to the latest figures from Workforce Solutions.  Over the last 12 months, the area gained 1,000 jobs, a 0.1 percent increase.

Economy ‘Turning Toward Recovery,’ says Dotzour

September 22, 2010

The “real economy” — economic activity that is not stimulated by tax credits — appears to be “turning the corner toward recovery,” Dr. Mark Dotzou said yesterday while speaking at the Texas Society of CPAs Financial Institutions conference in Dallas. Dotzour, the Real Estate Center’s chief economist, said corporate profits and new orders for manufacturing have […]

San Antonio is #5 by Forbes

September 14, 2010

Real Estate Investing is All the Rage Again.  Should You Cash In?   by Francesca Levy – Sep. 13, 2010 I wrote last week about the housing markets that were the best bets for residential real estate investors, suggesting that home buyers could use the advice as a clue to which markets would turn around soonest. The top […]

Second half of 2010 bodes well for San Antonio’s apartment market, report states

September 7, 2010

Construction numbers are going down and demand is going up — two factors that should make for a stronger apartment market over the second half of 2010, according to the latest analysis by Marcus & Millichap Real Estate Services. Of the 2,680 apartment units slated to be added to the local multifamily real estate sector […]

NAR’s Updated Real Estate Report

September 3, 2010

Commercial Real Estate Sectors, hurt by weak job growth, are offering incentives in many areas that are conducive to business expansion, according to The National Association Of Realtors. Lawrence Yun, NAR Chief Economist, said fallout from the Recession continues to impact Commercial Real Estate. “Vacancy rates are beginning to level off in some sectors, but […]

Loopnet reports on San Antonio’s overall sales in Q2

August 23, 2010

Loop Net reports that in Q2, overall sales above $2.5-million in San Antonio decreased 62% compared to the prior year.  Over the last 12 months, the price per square foot for office property is down 4%, multifamily is up 25%, and retail is down 84%.

Medical Office 2nd Quarter 2010

August 6, 2010

As one might expect with uncertainty, especially the uncertainty surrounding Health Care, Medical Office overall vacancy rate increased and the leasing activity slowed in the 2nd quarter of 2010, as people are sidelined, waiting for what exactly will happen in this industry.  In spite of this, Healthcare and Bioscience, is a true bright spot in […]

Dallas Fed Chief: Texans are ‘lucky puppies’ in economic recovery

August 2, 2010

Texans are “lucky puppies” thanks to the relative strength of the state’s economy, but regulatory uncertainty is threatening the national recovery, Federal Reserve Bank of Dallas President Richard Fisher said Thursday. In Texas, weak spots such as commercial real estate remain, and recent Dallas Fed surveys of manufacturers have yielded disappointing results. But job creation […]

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