2104 Quarter 1 Real Estate Report

Each quarter, Coldwell Banker produces an overview of the current housing market in San Angelo. This report has tons of useful information for anyone looking to buy or sell, as well as anyone interested in the current market dynamics of the area. Check it out and call Scott at 325.450.5099 if you have any questions or would like more information!

Housing Trends

Home sales are on the rise! August 2013 marked the highest level of existing home sales in over 6 years.

Home Ownership matters…to people, to communities, and to America. Why? • For every two homes sold, one job is created in the U.S. • Each purchase generates as much as $60,000 in economic activity over time.

Buying is now cheaper than renting in 74 percent of the nation’s largest cities. Low home prices and “rock-bottom” interest rates as well as tax advantages of homeownership are the reasons why it’s now cheaper to BUY a 2-bdrm home than to rent one. Check out this CNN Money article with the details.

Find out more about the current real estate trends and how I can help you on your way to becoming a homeowner on my website!