Joint Base San Antonio: Local Real Estate News
posted Aug 26, 2013
If you’re PCSing to Joint Base San Antonio, you’re likely looking for homes or apartments near Lackland, Randolph, or Fort Sam Houston. Fortunately, San Antonio has a booming real estate market, so now is the time to buy! Check out the latest in local real estate news below.
City Launches Incentive Program for Home Buyers
San Antonio recently launched the Homeownership Incentive program, which offers funds to first-time homebuyers who purchase property in the City Council Districts 2 and 4 (including Village Park, Camelot I and East Village). The program aims to help low- and medium-income families transition into homeownership. So far, the program has assisted 14 local families and provided more than $120,000.
Lennar, a national homebuilder, has opened a brand new subdivision on the West side of town. Called Marbach Village, the community features homes that range between 1,291 and 2,665 square feet. Prices start at $140,000.
Local Foreclosure Rates on the Decline
According to CoreLogic, local foreclosures and loan delinquencies are on the decline. CoreLogic’s reports show just 1.08% of San Antonio area mortgages are in a state of foreclosure; a year ago, it was 1.41%. Additionally, only 3.65% of all local mortgages are 90-plus days delinquent, compared to 4.37% last year.
Wilshire Plans to Open Energy Efficient Home in Boerne
Wilshire Homes has plans to introduce an energy efficient model home into its Woodside Village subdivision of Boerne this summer. Boasting LEED certification, the 2,857 square foot home will be part of a larger energy-efficient initiative.
Are you and your family looking for Lackland, Randolph, or Fort Sam Houston real estate? San Antonio is full of housing opportunities to choose from. Let Housing 1 Source help you find the perfect home for your needs. Browse our current listings or contact one of our relocation specialists today to get started.