sahomelocator.com Blog

Home buyer tax credit of $8,000 is finally approved. Many would be home buyers have no idea they can get a check this year for purchasing a home. You can use the money how ever you wish, pay off debt, buy furniture or make improvements on your new home.

Contact your tax professional or your local Realtor for details on how you can take advantage of this new incentive this year when purchasing a home.

Krishna Perkins, Realtor

January Market report for NE San Antonio
This report reflects information about homes sold in the North East San Antonio area. Subdivisions included in this report are: Stonewood, Falcon Crest, Woodstone, North East Park, Spring Creek Forest, Pepperidge, El Chaparral, Monterrey Village, El Dorado NE, Town Lake, Raintree and Forest Oaks. Zip codes included are; 78233, 78217, 78247. The details of this report are based on information pulled from the San Antonio MLS and are considered to be reliable.

Total homes sold: 25 homes sold in January vs 57 homes sold in December. Keep in mind January is historicaly an extreamly slow month for real estate.

Average days on market: In January for homes sold was 69 day vs 91 days in December. A bright spot to look at considering the drop in over all number of homes sold. The high for days on market in January was 166 days vs a high of 264 days in December.

Average price per sq foot: In January the average price per/sq foot droped from $65.89 to $58.40 . The high for January was $83.27 vs a high of $91.39 in December.

Avg sq footage per home sold: In January the avg was 1912 sq feet per home sold vs 1762 sq feet per home sold in December.

Remember real estate markets are local and not all national trends apply to your area. Have you asked a Realtor about your maket?

To obtain a free, no obligation report on your home in San Antonio e-mail me or call:

210-260-6617

Krishna Perkins ABR, NHS