Contact & Follow Us!
    Fax Key Title Group-San Antonio Offices
  • Alamo Heights (210) 579-7285Loop 1604 (210) 960-0074

News – San Antonio

* This news feed is generated through NewsTalk Texas, provided by the Real Estate Center at Texas A&M University

​DALLAS – ​​Only 0.2 percent of North Texas homes were in foreclosure in July, according to CoreLogic data.

During the worst of the recession in 2010, about 1.5 percent of all area home loans were in foreclosure.

In Dallas-Fort Worth, 3.7 percent of home mortgage holders were one or more payments late.

With higher home values, fewer homeowners with loans are underwater, making foreclosure less likely.

"The strong performance of the DFW economy has led to a sound housing market," said Real Estate Center Research Economist Dr. Luis Torres. "The metro has had vigorous job growth. Migration of companies and people caused housing prices to rise and home equity to increase, leading to a fall in foreclosure rates."

​Austin-Round Rock had the lowest foreclosure rate of the major ​Texas metros at 0.1 percent. It also had the lowest​ mortgage delinquency rate at 2.3 percent.

San Antonio-New Braunfels and Houston-The Woodlands-Sugar Land had foreclosure rates of 0.3 and 0.4 percent, respectively. San Antonio's delinquency rate was 4.9 percent, and Houston's was 4.7 percent.

Nationally, 0.4 percent of homes were in foreclosure—a 20-year low. The mortgage delinquency rate w​as also at a two-decade low at 3.8 percent.

texaslogo.pngThe Real Estate Center has more information on housing:​

​DALLAS – ​​Only 0.2 percent of North Texas homes were in foreclosure in July, according to CoreLogic data.

During the worst of the recession in 2010, about 1.5 percent of all area home loans were in foreclosure.

In Dallas-Fort Worth, 3.7 percent of home mortgage holders were one or more payments late.

With higher home values, fewer homeowners with loans are underwater, making foreclosure less likely.

"The strong performance of the DFW economy has led to a sound housing market," said Real Estate Center Research Economist Dr. Luis Torres. "The metro has had vigorous job growth. Migration of companies and people caused housing prices to rise and home equity to increase, leading to a fall in foreclosure rates."

​Austin-Round Rock had the lowest foreclosure rate of the major ​Texas metros at 0.1 percent. It also had the lowest​ mortgage delinquency rate at 2.3 percent.

San Antonio-New Braunfels and Houston-The Woodlands-Sugar Land had foreclosure rates of 0.3 and 0.4 percent, respectively. San Antonio's delinquency rate was 4.9 percent, and Houston's was 4.7 percent.

Nationally, 0.4 percent of homes were in foreclosure—a 20-year low. The mortgage delinquency rate w​as also at a two-decade low at 3.8 percent.

texaslogo.pngThe Real Estate Center has more information on housing:​

​​Katerra is developing a 600K-sf manufacturing facility east of San Marcos.SAN MARCOS – Menlo Park, Calif.-based Katerra is developing a 600,000-sf manufacturing facility near I-35 and Yarrington Rd.   

The $109 million facility will be a regional hub for the company and will ship cabinets, windows, walls, floors, and roof tresses.

Construction starts in December.  

Texas logoThe Real Estate Center has more stories like this online:

​Source: ConnectMedia​

​​SAN ANTONIO – Roseville, Calif.-based Harris Bay is turning several warehouses in the Lavaca neighborhood into 39 apartments.

The apartments will be on Jacobs and St. Mary's Streets. ​

Harris Bay is also developing a restaurant or coffee shop.​

Half an acre will be rezoned for the project, which will kick off in first quarter 2020. 

Texas logoGet more San Antonio multifamily n​ews on the Real Estate Center's website.

​​​​FRISCO – Atlanta-based Novare Group is wrapping up construction on SkyHouse Frisco Station, a 25-story apartment tower within the Frisco Station mixed-use development.

The 322-unit building is on the west side of the Dallas North Tollway near John Hickman Pkwy.​​ It will be the tallest​​ building in the city.

Monthly rents range from $1,400 for a studio unit to $4,000 for the largest three-bedroom.

Amenities include a coworking and business center, tenant lounge, fitness center, swimming pool, and outdoor terraces.

The tower is being built in partnership with Batson-Cook Development. Balfour Beatty Construction is the general contractor.

TexasThe Real Estate Center has more Dallas-Fort Worth-Arlington multifamily news online.

Source: Dall​as Morning News