housing

Flickr user Garrett Wilcock / cc

In the first segment:

It seems these days everyone has a story about their Home Owners Association (HOA), a hair-pulling, eye-rolling, exasperated story. According to the Community Association Institute, an HOA/Community Association advocacy group, more than 63 million Americans live in communities managed by HOAs, which includes 3.4 million Texans. 

Flickr user Ian Mutto / cc

In the first segment:

Recent spikes in interest rates have affected loans for everything from corporate expansion to buying a home. We look at the affect it has had on San Antonio and what the housing market has looked like throughout the economic downturn.  

Joining us is San Antonio Board of Realtors President Angela Shields.

In the second segment:

Eileen Pace / TPR News

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.

Merced Housing Texas

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.

Ryan Loyd / TPR

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.

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