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January 7, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Helotes, Texas

Reported by David Bowman, REALTOR

Updated January 7, 2009.

Current Market Rating: 2




1
2
3
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5
Buyer's

Seller's

Current Price Trend: 2




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2
3
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5
Falling

Rising

As with most of the San Antonio Metro area, sales in Helotes during 2008 were down about 15% from a year ago. Inventory is approximately 15% higher and prices are down about 5% for the year. Interest rates are near historic lows with some quotes coming in under 5%!. The bottom line is that it's a great time to buy a home in Helotes!

My call for Helotes: The current opportunity for a buyer's market will last into the summer of 2009. Prices will continue to decline until the excess inventory is absorbed.

I cannot overstate the value of an experienced Broker in this market.

You can view all of the homes currently listed for sale in Helotes at www.HelotesHomes.net or just call.

David Bowman 210-325-9972
"Let's get a move on"


ZIP Code: 78023

Location Characteristics: Located in Northwest Bexar County, popularity for Helotes (www.helotes-tx.gov) stems from the combination of spacious rural living with close proximity to city conveniences. The current population is approximately 5,000. As with most of the areas north of San Antonio, Helotes is at the foot of the Texas Hill Country. Helotes is served by the Northside Independent School District (www.nisd.net) featuring Sandra Day O'Connor High School. The University of Texas at San Antonio (www.utsa.edu) main campus is only minutes away. There are several major employment centers nearby and commuting is reasonable.

For More Information:

View Market Conditions of other areas served by David Bowman

Navigate: Top > Texas > Helotes

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 5.10%
15 Year Fixed: 4.83%
1 Year Adj: 4.85%
(U.S. Weekly Averages)

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