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By Tony Stevenson, SWBC The Median Home

By Tony Stevenson, SWBC
The Median Home price rose 4.8% in May compared to the same month last year. The number of home sales is rising too, according to sales data released last Wednesday by the San Antonio Board of Realtors. Predictions are that home sales and new home construction will rise moderately through the end of 2012. The next two years seem to be pointed towards another “mini boom” of sorts for the Real Estate industry. Blame it on “pent up demand” if you will, or strong employment numbers- but I believe predictions for a better real estate market are coming to fruition real soon. Mortgage rates will remain low and home prices will rise steadily, causing those waiting-to leap off their so-called “fence” in order to take advantage of the times.

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June 18, 2012 - Posted by | Fredericksburg TX

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