Housing inventory continues to fall nationwide, as we continue to see home availability dip for the eighth consecutive quarter. In fact, the end of the first quarter in 2017 recorded a low for home inventory in the United States. Trulia conducted an analysis of supply and affordability for the three housing segments – starter homes, trade-up homes, and premium homes – explaining the correlation between our declining inventory and home prices.

Three factors that go into the analysis include:

  1. The number and share of inventory that are starter, trade up, and premium homes
  2. The change in share and number of these homes
  3. The affordability of those homes for each type of buyer

A more in depth look at the Trulia’s home inventory analysis can…

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San Antonio Skyline

San Antonio, Texas is one of America's fastest growing metropolises, estimated to reach another 1 million in population by 2040. Such expedited growth in the last 10 years has inspired the city of San Antonio to execute a series of long-term visions, meeting the needs of those wishing to thrive in an efficiently planned Texas city. Prevalent job security and sturdy local economies have encouraged millennials to invest and start their families in the charming city of San Antonio. Consequently, there are nearly 30 new developments in San Antonio, bringing forward its understated potential, where neighboring cities will contend with.

Let's take a look at some remarkable new developments in San Antonio.

Essex Modern City: 8 Acres of Opportunity

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Texas Names Number One State For Corporate Expansion In 2016

Once again Texas ranks as the number one state for corporate expansion by Site Selection Magazine. Texas is the 2016 Governor's Cup winner for the most qualified projects of any US state. Site Selection, published by Conway Inc., is the senior publication in the corporate real estate and economic development fields. This magazine has been in existence for over 63 years and has awarded the Governor's Cup annually since 1988. The focus is on new corporate facility projects, including headquarters, manufacturing plants, R&D operations and logistics sites. Site Selection defines a qualified project as one that meets one or more of the following criteria:

  • Involves a minimum of $1 million in capital investment
  • Creates 20 or more new jobs
  • Adds…

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Developing South Side, San Antonio Real EstateHistorically, San Antonio's South Side has been the site of industry. The area was known for being the home of many blue-collar workers who worked in the nearby oil fields. As one of the few places where San Antonio real estate was cheap, many of the families who live in South Side made the choice to purchase housing they could afford to own rather than go into debt living in a part of the city where real estate rates are as high as the tallest skyscrapers.

Of course, the downside of living on the city's fringes was the lack of amenities. The nearest grocery stores were a few miles away, the public school districts were notoriously bad, and to top it all off, the south end has two of the city's three sewage treatment facilities giving all that clean rural…

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Young adults enjoying beer in a barA new project is looking to revitalize the long-neglected Lone Star Brewery in San Antonio. The old brewery, found in Southtown between Lone Star Boulevard and Steves Avenue, hasn't been in operation since 1996. The revitalization project, headed by Aqualand Development and CBL & Associates Properties, looks to transform the brewery's relics into a state-of-the-art mixed-use development with an emphasis on condos, food, shopping, entertainment, and of course, beer.

The new development, scheduled to open in late 2018, is currently known as the "Lone Star Brewery District." Over $300 million is budgeted for the project, which aims to be the go-to cultural gathering spot in Southtown.

Lone Star Brewing District Development Details

While many aspects…

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Lennar Homes Austin New Construction

Lennar is widely regarded as one of America's leading home builders and it's not hard to see why. This company has been building quality homes all over the United States since 1954 and has continuously expanded their areas of expertise to meet client needs. Originally, Lennar was solely a home building company based out of Miami, Florida, but now they offer multiple services from constructing commercial real estate to luxury rental apartment communities to homes designed for multi-generational families. So why should you choose Lennar to build your next home? Keep reading to find out.

1. Core Values

There's nothing more important than a business' core values because they're what drive the company's everyday actions. You're going to want a…

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D.R. Horton is the nation’s most well-known builder, and after operating for almost 40 years, this builder continues to be a top choice for Austin homeowners. Here are just a few reasons we’re big fans of these new construction homes.

D.R. Horton home builders1) 35 years of experience has bolstered the following that D.R. Horton has today, that of loyal clients who swear by the long lasting quality of their homes. Supreme craftsmanship and service are just two of the many attributes you’ll find amongst the raving reviews—not to mention value, home warranty, and amenities.

2) This Texas based company got its start in the Dallas/ Fort Worth area in 1978, and each home constructed since then is ideally suited to the local climate and aesthetic. Whether you’re a fan of stone…

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homestead exemption familyWelcome to the New Year! Filling out forms probably wasn't part of your New Years resolutions, but the time has come to file your Homestead Exemption forms.

The homestead exemption lowers your property taxes, by subtracting a portion of your property value from the taxation. These amounts vary based on circumstance and county taxes, but can add up to as much as $25,000.

However, there are a few conditions:

  • You must be a surviving spouse
  • You must own and occupy the property
  • The home must have been purchased prior to January 1
  • Applications must be filed between Jan. 1 - Apr. 30 of the tax year

If you meet the above requirements, we strongly encourage you to apply. For those who qualify, it's a great perk of owning a homestead and…

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real estate resolutionsThe start of a new year is the perfect time to start fresh and make plans for the months above. Whether you're looking to sell, or simply want to maintain your home to its best potential, you'll want to check out our 6 real estate resolutions for 2016!

6. Skip Money Sucking Renovations

Here's an easy resolution to start off with, because it requires no effort: don't renovate your home (with bad investments.) The truth is that most renovations will never recover their full value, which means you're actually losing money on them. Unless it's for your own personal happiness, skip these classic money sinks: swimming pools, stainless steel appliances, brand new carpets, elaborate landscaping and luxury fixtures or upgrades. Buyers certainly may…

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