While most of the nation's real estate markets are in the midst of a "white knuckle ride", Cibolo is performing very well, thank you. Don't get me wrong, sales are below recent years and prices are off about 3% from a year ago. The primary culprit is a 15% drop in sales resulting in a 12 month supply in inventory. The "days on market" has increased to 88 for available properties. List prices are not as aggressive as before and sellers are giving greater consideration to offers they once considered too low. New home builders are offering some attractive incentives to lure buyers. The $1.56 billion expansion of Brook Army Medical Center at Fort Sam Houston began construction in January 2008 and is projected to add approximately 10,000 new jobs to the installation over the next three years. Many of the people transferring to BAMC will find Cibolo an attractive option for living. I see good upside potential here. The bottom line is that it's a great time to buyer a home in Cibolo!
My call for Cibolo: The current opportunity for a buyer's market will last into the summer of 2010. Prices will be flat until the excess inventory is absorbed.
If your finances are in order and your employment is stable, then what are you waiting for? You could be kicking yourself for missing out on one of the best buyers markets in the USA in decades.
Go to www.SanAntonioHouseHunting.com to view homes for sale in Cibolo or call for the latest update.
David Bowman 210-325-9972 "Let's get a move on".
ZIP Code: 78108 Location Characteristics: Located in the north east sector of the San Antonio metro area, Cibolo is convenient to Randolph Air Force Base and Fort Sam Houston. More and more people are noticing that it's an easy commute to New Braunfels, San Marcos and Austin also. The lower tax and insurance rates of Guadalupe County continue to attract home owners.
About David & Mary Bowman:
In 1976 my first home appreciated as much as my wages. (If that doesn’t excite you then quit reading and please go elsewhere) From then on I’ve been sold on real estate. Every market cycles up and down but real estate has historically outperformed almost every other financial market. I never have to sell anyone on the concept; everyone wants to own real estate.
Like many services there are two components to transacting real estate; Product and Process. Product is the real estate itself. Most people are happy with the property they purchase. It’s the Process they have to go through to get it that can frustrate and disappoint. (It’s like an experience with your dentist; you like the result after they’re finished, but the Process may be a bit unsettling) Whether dentistry or real estate, a skillful practitioner can go a long way to limit your discomfort by doing two things. The first is to prepare you by providing a proper expectation of typical issues you will face in the proposed transaction and help you keep them in the context of “what’s normal”. The second is to build and execute a solid strategy or plan to help you accomplish your goals. This plan is usually developed together once you’ve determined the practitioner is both skilled to represent you in the process and can be trusted to place your interest above all other interests that pertain to the transaction.
Most of us have an idea of the Product we intend to purchase. But as we get closer to it, we discover issues we had not envisioned and our plans are altered to reflect the new data. While this dynamic is present in nearly all real estate transactions a practitioner with exceptional Product knowledge can save you time and frustration by reducing energies expended on unfruitful home searching.
The Process is the implementation of the plan by the practitioner within the environs of their “system of operations”. (Assuming they have one) This system of operations is the consummate organization of their business acumen acquired through experience. This is where brokerage services differ greatly. This system of operations serves as a format for the broker to monitor repetitive details of each transaction allowing them to focus their energies on the task at hand during every phase of your transaction. As Steven Covey puts it “people are effective…systems are efficient.” That’s why I’ve built systems into my business model that are designed to eliminate repetitive miscues and protect my client’s interests.
So ask yourself “what’s important about this next real estate transaction?” Is it important enough to have an experienced professional at your side?
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
