Category: Housing Market

5 Cities Millennials Are Flocking To

July 11, 2017

High employment rates and beautiful settings have millennials flocking to these top cities. Salt Lake City, Utah With a median home price of $233,000 and a job growth rate of 2.4 percent, Salt Lake City, Utah has become a desirable place for aspiring young professionals. Seattle, Washington Millennials make up 24.1 percent of the total […]

Homeowner Wealth On The Rise

December 8, 2016

According to two reports, one from the S&P/CoreLogic and another by ATTOM Data Solutions, owner of RealtyTrac, homeowner wealth in the United States has more than doubled from $6.1 trillion in 2011 to $12.7 in 2016. In contrast, the number of homeowners who are significantly behind on their mortgage is currently 6 million, half of […]

Alamo City Shines in Wallethub’s Report

August 14, 2015

The Alamo city has continued to grow and dominate the country in many areas over the past few years. Now San Antonio is once joining the company of fellow Lone Star cities, Houston and Austin. WalletHub released their report comparing the Housing Market in 25 of the largest metropolitan areas, in 12 different categories. These […]

Build It They Will Come?

October 2, 2014

Build it and they will come? Depending on what you’re building and who “they” are, this may not be the case. Millennials are not connecting with the home buying industry. Home buyers are starting to recognize the reasons behind this disconnect. Commitment They want flexibility. A house is an expensive lifetime commitment. This is a […]

The New Price of Education

April 21, 2014

Every year tuition seems to rise, increasing the amount of loans students are taking out and pushing loan debt past $1 trillion. While the job market has seen more stability in recent months, employed graduates are less inclined to purchase homes and add to their large amount of debt. Lenders are just as hesitant to […]

Raub Report September 2013

September 20, 2013

“The Renter Nation!” This phrase was coined several years ago with the premise that Generation Y, those twenty somethings that will make up the majority of new households, and numbering nearly 10 million more than the Baby Boomers, would prefer renting over owning.  That would be a very big demographic shift with a big economic […]

Upward trend continues for San Antonio housing market

August 22, 2012

Sales, average price, median price — the numbers were up in all three categories in July, according to the latest housing market report by the San Antonio Board of Realtors (SABOR). At the end of July 2012, the average price of a home in the San Antonio metropolitan area stood at $196,846 — marking a […]

San Antonio remains a buyers market

April 18, 2012

Home prices, sales rising… Home sales has risen 6.1 percent, according to the San Antonio Board of Realtors, which released its March home sales data last week. “This is the first time since 2007 that real estate feels like it did back in 2007,” said Deborah Myers of Keller Williams “If a good property comes on the […]

Housing Market is on the rise

Rising rents and a healthier job market are inspiring more people to consider buying. Builders are responding to the demand by laying plans for more homes this year than at any other point in past 31/2 years.  And banks are helping both by approving more loans. All that points to a better year for the housing market — […]