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Old 09-05-2008, 11:26 AM
 
Location: San Antonio
3,350 posts, read 9,844,793 times
Reputation: 5304

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Where home prices may actually ... rise? - Forbes.com - MSNBC.com

This article predicts that despite crashing home prices around the country, San Antonio is one of the few markets expected to show price increases by analysits (not that they are always right). The article says as much as 20% in by 2010!
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Old 09-05-2008, 12:49 PM
 
124 posts, read 227,212 times
Reputation: 55
Yeah I have a bridge in London that I would like to sell you.
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Old 09-05-2008, 12:56 PM
 
Location: San Antonio
1,314 posts, read 2,773,024 times
Reputation: 842
Quote:
Originally Posted by slonga View Post
Yeah I have a bridge in London that I would like to sell you.
Cool! I've been looking for one!
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Old 09-05-2008, 02:00 PM
 
1,740 posts, read 5,187,063 times
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Maybe in land locked areas like Alamo Heights, Terrill Hills or Olmos Park...but not out in the burbs. Prices have dropped significantly or at best leveled off on the north side. A big tell tale sign is the dramatic slow down in new home construction outside 1604.
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Old 09-05-2008, 02:04 PM
 
Location: NW San Antonio
2,953 posts, read 8,607,085 times
Reputation: 3211
2010, maybe, inflation causes
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Old 09-05-2008, 02:27 PM
 
Location: San Antonio, TX
993 posts, read 2,189,399 times
Reputation: 308
I hope not!
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Old 09-05-2008, 02:34 PM
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Location: Ohio
16,816 posts, read 33,144,346 times
Reputation: 13590
Sales have picked up this summer in my North Central neighborhood. I was hoping that the longer time spent on the market would lead to a slowing of assessed values, but it looks like it's not going to happen.
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Old 09-05-2008, 04:01 PM
 
546 posts, read 2,821,034 times
Reputation: 264
Quote:
Originally Posted by banker View Post
Maybe in land locked areas like Alamo Heights, Terrill Hills or Olmos Park...but not out in the burbs. Prices have dropped significantly or at best leveled off on the north side. A big tell tale sign is the dramatic slow down in new home construction outside 1604.
100% correct! I think I posted this AH, TH, and OP statement about two years ago to a lot of jeers as I recall...and ShaneSA, hold onto those Mahnke Park homes you own, they'll be as good as gold in a few years (of course, you already know that ).
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Old 09-05-2008, 06:26 PM
 
Location: Seaford, Delaware
3,471 posts, read 17,225,787 times
Reputation: 2624
I'm holding onto those Mahncke Park properties for my old age. Does anyone know when that happens? I'm so tempted some days to throw them all on the market. Especially when a property next to one of mine just sold for a ridiculous amount of money. (I know what they paid for it!!!!!) I also know what they put into it. So with that, I don't think the values in San Antonio really went down. I don't see the market slump.
I also see a significant increase in the rental market. Rents have increased tremendously, and anytime I have a vacancy, it's almost a stampede from potential tenants to get it. Maybe I should raise rents.
Rambleing over.
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Old 09-05-2008, 06:40 PM
 
Location: SoCal-So Proud!
4,263 posts, read 9,695,602 times
Reputation: 1541
Quote:
Originally Posted by ShaneSA View Post
I'm holding onto those Mahncke Park properties for my old age. Does anyone know when that happens? I'm so tempted some days to throw them all on the market. Especially when a property next to one of mine just sold for a ridiculous amount of money. (I know what they paid for it!!!!!) I also know what they put into it. So with that, I don't think the values in San Antonio really went down. I don't see the market slump.
I also see a significant increase in the rental market. Rents have increased tremendously, and anytime I have a vacancy, it's almost a stampede from potential tenants to get it. Maybe I should raise rents.
Rambleing over.

You should raise rents....I have, on almost all of my rentals.
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