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Lackland, Fort Sam and Randolph AFB Housing Real Estate News


posted Oct 03, 2013

Are you and your family on the hunt for Lackland, Fort Sam and Randolph AFB housing? If you want the best home for the best price in the best location, it’s imperative you learn more about the local real estate market.

Not sure where to start? We can help. Take a look at our real estate news roundup below.

Local Foreclosures Continue to Decline
According to CoreLogic, foreclosures in the San Antonio area are still declining. Recent data shows just 1.05% of local mortgages were in a state of foreclosure this June. At the same time last year, foreclosures amounted to 1.35%. Stats indicate that delinquent mortgages are also on the downslope. June 2013 numbers show 3.69% of all San Antonio mortgages were delinquent 90 days or more. In 2012, it was 4.38%.

SAHA Properties Auctioned Off
AmeriBid LLC auctioned off 84 San Antonio homes and residential lots on Sept. 21. These properties were owned by the San Antonio Housing Authority. Of the 300 who attended the auction at the Henry B. Gonzalez Convention Center, all buyers obtained fully executed contracts; all closings are expected to occur within 30 days. The funds will be used by SAHA to provide more affordable housing options for the community.

San Juan Community Enters Final Phases
As of Aug. 28, the San Antonio Housing Authority officially moved into the third phase of its San Juan redevelopment project. Once finished, the San Juan community will be home to an additional 252 multi-family properties, 539 apartment units and 4,000 square feet of commercial space.

HomeVestors Adds Local Franchises
The Dallas-based company HomeVestors of America Inc. has added two new franchises in the San Antonio area. HomeVestors purchases old, worn-down properties and then remodels, revamps and resells them on the public market. The company launched in 1996 and has purchased more than 50,000 homes to date.

Are you looking for Lackland, Fort Sam or Randolph AFB housing for you and your family? Let Housing 1 Source help. We specialize in military housing, and we can help you find the right home for your needs. Browse our online listings or contact a relocation specialist today at 1-877-832-8518!