New home sales in and around San Antonio Texas for information for the public and fellow real estate practitioners. Includeing single family homes, HOA, POA, horse properties, small ranches, river front, lake view, metro city, downtown, and new construction/new homes. Serving the Greater San Antonio Area including Alamo Heights, Alamo Ranch, Bandera, Boerne, Bulverde, Canyon Lake, Castorville, Dominion, Helotes, Hill Country, Hollywood Park, LaVernia, New Braunfles, Olmos Park, Shavano Park, Sonterra, Stone Oak, Terrell Hills and more.
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Recent reports put the shadow inventory of foreclosures at near 6 Million units. Of those the Governments Service Enterprises Fannie Mae, Freddie Mac, HUD, and alike own approximately 48% of those foreclosures. What I have seen in the past 30 days is alarming. Those houses are flooding on to t...