SATXBlog | San Antonio Real Estate and South Texas Blog

Trans Texas Corridor Dead

Saturday, July 16th, 2011 at 7:47pm. 984 Views, 0 Comments.

Created Tuesday, 06 January 2009 15:18

The original vision for the Trans-Texas Corridor Plan (TTC), called for a corridor of up to 1,200 feet in width that would allow for several modes of transportation in addition to utility transmission facilities. Since the concept was publicly introduced in 2002, communities along the TTC-35 and I-69/TTC study areas have frequently voiced concerns over the corridor width, and viewed the idea as a one-size-fits-all concept, inappropriate for a state as diverse as Texas.

"Texans have spoken, and we've been listening," said Texas Department of Transportation (TxDOT) Executive Director Amadeo Saenz. "Citizens across the state have had good ideas about how Texas roads can better serve Texas communities. I believe this

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New Years Eve in San Antonio 2009

Saturday, July 16th, 2011 at 7:47pm. 1,303 Views, 0 Comments.

Created Tuesday, 30 December 2008 16:27
San Antonio Real Estate

New Year’s Eve in San Antonio, Texas 2009
The end of another year brings one of San Antonio’s biggest and most exciting events, the annual Celebrate San Antonio New Year’s party.  The celebration has something for all members of the family, featuring four stages of live music, fireworks, special children’s areas, food, and vendors of all kinds. 

The festival has gained in size and renown over the years, and as San Antonio has become truly an internationally recognized city, so has it found its way onto many lists of the world’s best places to ring in the new year.  According to the events website, saparksfoundation.org, priceline.com lists San Antonio as #34 on its list of places to spend New…

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Spurs Riding 5 Game Winning Streak

Saturday, July 16th, 2011 at 7:46pm. 967 Views, 0 Comments.

Created Sunday, 28 December 2008 21:59
San Antonio Real Estate       Spurs Riding 5 Game Winning Streak, 1st in Division
A month ago, the Spurs were muddling through a mediocre start to the season, struggling to keep their heads above water.  As 2008 comes to a close, San Antonio looks like a prime contender to make some noise in the playoffs.  The injury problems that held the team back are in the rearview mirror now, with the only players sidelined being Oberto and Mahinmi.  Some of the new faces--like Roger Mason--seem to be adjusting to the team, and are finding and fitting into their roles.

On Christmas day, Mason occupied a role usually reserved for one of the teams Big Three--otherwise known as 'Go-To-Guy'.  Playing Phoenix usually means that…

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Home Sales Prices Drop in November

Saturday, July 16th, 2011 at 7:46pm. 1,030 Views, 0 Comments.

Created Tuesday, 23 December 2008 11:39
San Antonio Real Estate

 

 

 

EXISTING HOME SALES, PRICES DROP IN NOVEMBER

 

TEXAS (Real Estate Center, MarketWatch) – A total of 12,816 existing homes were sold in Texas last month, a 32.9 percent decline from November 2008, according to MLS data compiled by the Real Estate Center at Texas A&M University. The median price dropped 5.4 percent to $136,900 during the same period, and the state finished the month with a 6.8-month inventory of existing homes.

Here is how select Texas cities fared in November (data current as of Dec. 23, 2008):

  Sales

Change from
Last Year

Median
Price
Change from
Last Year
Months'
Inventory
Amarillo 140 down 44.7% $116,500 up 1.5%

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Spurs Back in Good Health

Saturday, July 16th, 2011 at 7:46pm. 1,042 Views, 0 Comments.

Created Wednesday, 10 December 2008 09:25
  San Antonio Real Estate             Spurs Back in Good Health, 1.5 Games Back in the Division
And you thought the Spurs were all about defense.  Typically, San Antonio has made its living on that end of the court, but their most recent win was due as much to a powerful offense as anything.  Against the Golden State Warriors, the Spurs put up 123 points, while holding the Warriors to just 88.  Duncan was sporting a new hairdo--of lack thereof--having shaved his head.  Whatever it was, worked.  Duncan scored almost a point a minute, tallying 20 points in just 21 minutes of work, while pulling down 13 rebounds.  In that game, four of the Spurs starters scored in double digits, with Ginobili just missing out…

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TEXAS Outperforms Nation In Nonfarm Employment

Saturday, July 16th, 2011 at 7:46pm. 1,071 Views, 0 Comments.

Created Friday, 05 December 2008 15:51

COLLEGE STATION (Real Estate Center) – Texas relentlessly added more jobs in October despite more job losses for the nation. Texas’ nonfarm employment rose 2.2 percent from October 2007 to October 2008 compared with a decrease of 0.9 percent for the United States.

The state’s seasonally adjusted unemployment rate rose from 4.3 percent in October 2007 to 5.6 percent in October 2008. Over the same period, the nation's seasonally adjusted unemployment rate rose from 4.8 percent to 6.5 percent.

Despite recent oil price decreases, the state’s mining industry continued to gain more jobs and ranked first in job creation, followed by the professional and business services, leisure and hospitality industry, education

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TAMU Chief Economist Offers Housing Crisis Solution

Saturday, July 16th, 2011 at 7:45pm. 850 Views, 0 Comments.

Created Friday, 05 December 2008 15:36

COLLEGE STATION (Real Estate Center) – Although recent government efforts to improve America’s housing markets have proven less than effective so far, noted economist Dr. Mark Dotzour says bold government action can get the market back on track.

In a white paper released today, the chief economist for the Real Estate Center at Texas A&M University offers a four-part solution to fixing the housing crisis, one that involves more than simply devising ways to keep people in their homes.

“The housing problem is fairly easy to understand,” said Dotzour. “We have too much supply and not enough demand, and we need to reverse that.”

Dotzour's white paper is available on the Center's website.

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Spurs Off to a Slow Start

Saturday, July 16th, 2011 at 7:44pm. 1,000 Views, 0 Comments.

Created Wednesday, 19 November 2008 07:59
San Antonio Real Estate   Spurs Off to a Slow Start, Injuries Taking Toll           San Antonio Spurs Head Coach
One look at San Antonio's injury list should tell fans how the Spurs' young season has gone so far.  Manu Ginobili has been out of action since having surgery on a bad ankle before the season started, but unfortunately he now has company for the next couple of weeks.  Tony Parker, coming off a career performance on Nov. 5 against Minnesota where he scored 55 points, grabbed 7 rebounds, and dished out 10 assists, followed up that game with a severely sprained ankle against Miami that looks to cost him at least a couple of weeks. 

With two of their most dangerous players sidelined, San Antonio has mucked its way through the…

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Texas Deer Lease

Saturday, July 16th, 2011 at 7:44pm. 1,945 Views, 0 Comments.

Created Monday, 17 November 2008 09:07
San Antonio Real Estate

Don't Shoot Holes in Your Deer Lease

 

Deer Field

COLLEGE STATION (Real Estate Center) – Deer hunting season is underway, and this means big business for Texas landowners, who control the major supply of huntable land.

Deer leases generate substantial revenue for landowners, but they come with certain responsibilities. Those responsibilities are explained in The Texas Deer Lease, published by the Real Estate Center at Texas A&M University.

This handy guide to deer lease management has been updated and can be downloaded free at the Center’s website. Copies can also be purchased at the Center’s online store.

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Texas Still Good Value for Homebuyers

Saturday, July 16th, 2011 at 7:43pm. 888 Views, 0 Comments.

Created Monday, 17 November 2008 08:57
San Antonio Real Estate

 

Texas Still Good value for homebuyers

San Antonio Ranch Style Home

COLLEGE STATION (Real Estate Center) – Texas continues to be a better value than the rest of the country when it comes to buying a home, according to the latest Housing Affordability Index (HAI) numbers.

Texas finished second quarter 2008 with an HAI of 1.55. The United States' HAI was 1.27.

The index is the ratio of median family income to the income required to qualify for an 80 percent, fixed-rate mortgage to purchase the median-priced home.

“Nationally, housing affordability has improved considerably as the overall median home price continues to descend from its record high in mid-2006,” said Dr. Jim Gaines, research economist with the Real Estate

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