Tagged: housing

In a report from the San Antonio Board of Realtors, the average price of a home has increased over the past three years up to $194,000 as of last month.

Angela Shields, president of the San Antonio Board of Realtors, said the number of days a house is on the market is decreasing, another sign that the market is improving for sellers.

"That number is 90 days, so it's taking less time right now to actually sell a home," Shields said.

San Antonio nonprofit Merced Housing Texas has received a $200,000 grant to help low-income families in its housing developments and throughout the city.

For the next two years the group will receive $25,000 every quarter to help facilitate its programs. Merced operates nearly 1,700 units for low income people across the state in Corpus Christi, Fort Worth, San Antonio and other cities but are based here.

San Antonio is adding yet another urban living project in the downtown area, but this time a significant number of units will be designated for students.

The project, located at the old Birdsong Peanut Factory site on S. Frio on the near West Side, will have 98 lofts., with 30-50 percent of them for student housing.

The official groundbreaking on Wednesday marked the beginning of a 19,000 square foot facility. Mayor Julián Castro, who has pushed for urban living and has said this is the "decade of downtown," said he was surprised by a peanut factory in San Antonio.

Bexar County Commissioners have postponed a decision on whether a local developer can build hundreds of small-lot homes in far north Bexar County. Commissioners are asking developer Gordon Hartman to meet with attorneys and area homeowners who oppose the subdivision.

Residents of Hidden Oaks near Cibolo Creek fear the development of Century Oaks will cause harm to the environment; specifically, the Golden-Cheeked Warbler, the large oaks trees that are already being cut down, and the water. The land is over the Edwards Aquifer Recharge Zone.