San Antonio housing market jumps in Sept.San Antonio housing market jumps in Sept.https://www.recenter.tamu.edu/news/newstalk-texas/?Item=92912012-10-17T10:08:00Z2012-10-17T00:00:00Z

SAN ANTONIO - The number of home sales increased almost 7 percent during September. The number of homes sold in September 2012 reached 1,683, according to figures from the San Antonio Board of Realtors. That number is up from 1,576 homes sold during September 2011.

The median housing price grew 3.5 percent to $157,900 in September 2012, compared to $152,500 in September 2011.

The growth is attributed to the housing market getting a boost from the Federal Reserve's to buy $40 billion in mortgage-backed securities which has caused interest rates to fall.

For January through September, 15,175 homes have sold — a 9 percent increase from the 13,861 homes sold during the same period last year.

Read more at the San Antonio Express-News.

San Antonio Express-News
San Antonio-New Braunfels
http://www.mysanantonio.com/business/article/s-a-housing-market-sees-jump-3953162.phpRead more at {Source}

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