28 Mar 08 
An Increase in a Homebuilder’s Stock?
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In a time of decreased demand, increased inventories and a less than stable real estate market, few homebuilders are enjoying gains in stock prices. It has been a solid two years of industry losses in both stock prices and profits. The good news is that the worst might truly be over; yesterday national homebuilder Lennar Corp. enjoyed a 3.5% stock price increase. The second largest homebuilder’s stock did well after posting a less than expected quarterly loss of $86 million.
Is the increase in Lennar’s stock price an indication that consumer confidence is back or is it just a slight correction on an undervalued stock?
Only time, and home sales will tell.
Tags: consumer confidence, home builder inventory, Home Builders, homebuilder stock, lennar homes, stock prices
17 Mar 08 San Antonio’s Best Real Estate I
San Antonio provides prospective homeowners and real estate investors a wide variety of new housing to choose from. Here are some of the top picks and best buys for new homes in San Antonio, single-family homes in San Antonio, San Antonio condominiums, San Antonio custom homes, master planned communities in San Antonio, and San Antonio active adult homes.
Single-family Homes for sale in San Antonio
Cibolo Valley Ranch is a single-family community comprised of Lennar homes and Kimball Hill homes. The community is located between New Braunfels in Cibolo and San Antonio, just off IH-35. Residents can enjoy the convenience of shopping at the Rolling Oaks Mall and Tanger Outlet mall in San Marcos. This community is ideal for individuals who may work in either San Antonio or Austin, as it is a quick commute to either city. Homes are priced between $40,000 - $180,000 and there are currently several move-in ready homes available.
San Antonio Condominium & Townhouse Living
Perry Homes has built a beautiful townhouse community—Terra View—conveniently located near to the North Star Mall, which features many corporate retailers such as Macy’s, Dillard’s, and Saks Fifth Avenue. Terra View also provides quick access to La Cantera Golf Club and Resort and Hill Country Golf Club. There is also plenty of entertainment for Terra View residents including Six Flags Fiesta Texas and SeaWorld San Antonio. Homes at Terra View are priced in the $150s and can be purchased immediately.
Custom Homes for Luxurious Lifestyles
May Custom Homes is currently providing custom built homes in Fossil Ridge—just minutes from the city and right off Loop 1604. There is one quick-move in spec home available and is priced at $724,900 which boasts four bedrooms, three baths, 3,813 square foot, and a 1.98-acre lot. Each custom home provides a distinguished appearance, a fireplace, gas fireplaces, complete kitchen appliances, and carpet and ceramic tile flooring throughout.
Master-planned Communities in San Antonio
Kings Gate is JMJ Development’s latest project to break ground. This master-planned community is located in the highly desired Hill Country area of Texas just west of San Antonio. 382 homes will be built on roughly two-acre home-sites. With new homes priced between the mid-$60s to mid- $160s this is a great investment for first time homebuyers and a perfect community to raise a family in. Lake Medina is only five minutes away and young students can benefit from attending one of Texas’ most prestigious school districts—Medina Valley Independent School District.
San Antonio Active-adult Communities
San Antonio active-adult communities are in a class of their own. The Vintage Oaks is a beautifully designed active-adult retreat located minutes from San Antonio near to New Braunfels and the Guadalupe River. The community offers residents one to three-acre home-sites and the surrounding area provides hiking, jogging, hilltop views, a pond, wooded area, private parks, and much more. Pricing is yet to be disclosed, but pre-construction sales are currently underway.
Tags: homes for sale in san antonio, jmj development, Kimball Hill Homes, lennar homes, master planned communities, may custom homes, move in ready homes, perry homes, san antonio homes for sale, san antonio real estate, single family homes, the vintage oaks
