Recipe for a Sale

There are 5 main ingredients that make up the sale of your home:

1. Location
The phrase "Location, location, location" says it all. Pricing of your property must reflect its location.

2. Condition
The upkeep and presentation of your property is crucial to obtain the highest value for your home in any given market at any given time. Pricing of your property must reflect its condition.

3. Price
Price is the number one factor in the sale of a home. The value in a property is what one person is willing to pay another to gain ownership of it. Price must be in direct relationship to the other ingredients.

4. Terms
The more terms available on your property, the more potential purchasers you reach. Pricing your property must reflect the kinds of terms available to purchase it.

5. The Market
Interest rates, competition, and the economy all make up and influencethe state of the market when you sell your property. Pricing of your property must reflect the current status of the market.

When all of the above ingredients are in agreement...we have a sale! If just one of them is out of line it will take a longer time to sell, and the more ingredients out of line, the longer it will take before the sale of your home takes place.

San Antonio is a great housing market

sumbitted by: Rebecca Lowther - Marketing Department

According to Forbes, real estate is looking up for 2/3 of the country’s big cities where median home sale’s prices rose.
Congratulations San Antonio! Once again you’ve proven yourself a great place to live. In Forbes.com’s August 16th article,”Best and Worst Housing Markets” San Antonio was ranked #6 on the list of Best US housing markets. Sandwiched between San Francisco and New York, the San Antonio market offers a median home price of $154,300.
According to Forbes.com, “Most of Texas has been immune to the housing downturn as many markets remain affordable, and good local economics have insulated much of the state from subprime fall out.”
Austin also made the list, coming in at number 9 with a median home price of $186,600.

Real Estate Predictions

Submitted by: Kathy Moore Cloud - Boerne Office

Boerne, Texas is on a high growth corridor Northwest of San Antonio, Texas on Interstate l0. I couldn’t agree more with Gary Ashton’s interview in an RISMEDIA article by Dr. Cliff Baird November 2l, 2007. Although Ashton is in Nashville, he expresses a sentiment heard throughout our own local real estate market as well for the immediate future (next l2 months).

“The past couple of years were definitely sellers markets and now the tide has turned towards a buyer’s market but the sellers are not at a point where they have to take huge losses to move their homes. Expectations are becoming more reasonable. Sellers are realizing that there may be longer days on the market than before but the homes are still selling. Thankfully I notice more realistic listing prices. We will have the seasonal lows around November, December and January and demand will increase again around February, March and April and through the rest of the summer."

The level of the demand will, to some extent, be determined by the media’s perception of the real estate market. The reports in the media are based on reality but they have created a perception that the problem is actually much worse which the public then absorbs as fact. They then perpetuate this belief by making the perception reality. It is the ultimate self-fulfilling prophesy. It’s a vicious cycle and has turned the buyer’s state of mind in to a “wait and see” mode.

The long term effects of this hesitant buyer will be to create a seller’s market when consumer confidence returns and the pent up demand is released. As the number of buyers flood back on to the market, the demand increases and the sales rise, days on the market is then reduced…and we will return once again to the seller’s market. Thus the cycle completes itself. It always does.

A spokesperson from the Brinks family reminds us all “real estate is the greatest lifelong investment there has ever been and ever will be”. Indeed! Our Real Estate business grows yearly for the Cloud Group thru personal referrals and web based lead generation which is powerful. The Cloud Group growth and personal referral client base is a direct reflection of the power of our personal services and professional knowledge. We are proud to be part of the largest Independent Brokerage of South Texas. Bradfield Properties’ longevity speaks volumes in this type market both to us as Realtors and to our clients. For more information, please visit me at www.bradfieldproperties.com/kathymoorecloud or send me a message at kathymoorecloud@BradfieldProperties.com .

Arrowhead

Submitted By: Jilla Sayyadi - Stone Oak Office

$264,900
MLS #: 682149
Subdivision: Arrowhead
4 BR/2.5 BA
2-Car Garage

Relax by the pool, or sit on the game room balcony and enjoy the city views, 4 bedrooms, 2 and half bath, master down with plantation shutters, master bath has whirlpool and double vanity. 4 sides brick, custom ceramic tile through out, formal dining room, study and game room. Stainless steel Refrigerator, Storage building, patio furniture and few other small items stay with the house. For more information contact Jilly Sayyadi at bradfieldproperties.com/JillaSayyadi.

Click Here For More Details On This Property

Rolling Meadows

Submitted by: Brenda Alexander - Stone Oak Office

$187,000

MLS#681946

Loop 1604 & Nagodoches

4BR/2.5BA

2-Car Garage

Often parents find that the investment into a home is more cost-effective than a school dormitory or apartment for their college bound children, especially if they will be in-place for an extended period of time. Such is the case with this wonderful property, now for sale in the northeast area of San Antonio. After completion of the Bachelor/Master programs, the financial end should be a "wash" on the cost of housing for the student and very possibly some extra dollars (a little or a lot - depends on the deal) in mom and dad's pockets to boot! Adding icing to the cake, is that the

student/child secured employment in their newly developed field of expertise and have a job in another state! So, are these sellers motivated? You Bet! Contact Brenda Alexander at bradfieldproperties.com/BrendaAlexander for a private showing today - you can certainly get in, in time to enjoy that fireplace and big backyard for the Holidays!

Click Here For More Details On This Property

Happy Thanksgiving - We appreciate you!

Submitted by: Reagan Greer - Broker

As we approach the Thanksgiving holiday season, the management team of Bradfield Properties would like to thank all those who have entrusted their real estate needs with our professional team of Realtors. Whether buying or selling property, the process can be overwhelming as well as time consuming and a part of our job is to help in creating a smooth and trouble-free transaction for our clients and customers. As the numbers of individuals reviewing our website grows, technology continues to provide an easy and convenient method to gather and share information.

The National Association of Realtors estimates that 80% of today’s buyers of property start on the internet. We are pleased you have found our site and our blog useful as your search and review options.

As we enjoy the fall weather, remember to have your AC/heating unit checked out, take advantage of the timing to fertilize and prune your lawn/foliage and keep your gutters clear as leaves fall. Home maintenance ultimately can pay dividends down the road.

Again, we appreciate your interest in our services and wish you and yours a Happy Thanksgiving 2007.

For my money, I’d rather concentrate on the facts

Submitted by: Naomi Weckesser - Manager - Boerne Office

While we continuously hear the moaning and groaning of down turns in the housing and economic predictors from sources on a national level, I find it incredible that we hear so little from our state or local media about the real facts. However, in the October issue of Tierra Grande, Journal of the Real Estate Center at Texas A&M University, Steve H. Murdock, a research fellow with the Real Estate Center, proves my perspective and opinion on concentrating on the facts.

Mr. Murdock’s Demography article, Here We GROW Again, clearly shows that …”Texas’ population had a larger numerical increase from 2000 to 2006 than any other state and a growth rate (12.7) twice that of the nation.” Additionally, San Antonio is among three cities in Texas with the largest increases, at 33,000 new neighbors.

I won’t deny the tight squeeze being felt by our East and West coast populations, but here in Texas, and particularly in the Hill Country, we’ve still got plenty of room to grow, so Come On Down. We’ve got lots of room for new neighbors and this means plenty of opportunities for existing friends to sell, move up, and move around! Call our Boerne office at 830-816-9400 to speak to a Real Estate Professional to assist you in your sale or buying needs.