Custom Home Building Company in San Antonio Texas | San Antonio Custom Home Builder Stone Creek Custom Homes

1. People REALLY want to buy your home. Like really, really.

The total housing inventory was down 16.4% from the prior December. As a result, the amount of time a home spent on the market was basically halved while receiving double the number of offers. Along with faster closing times, we saw a 13.5% increase in average home price (www.nar.realtor).

For anyone that has shown a house before, you understand having your home on the market for less than a month is a major win for anyone looking to sell. That’s less time spent yelling at the kids “it has to look like no one lives here” with the added bonus of a 13.5% selling price bump.

2. Most people want extra room to accommodate working from home.

Realtors reported over 60% of potential buyers to be looking for extra space in their next home to use as a workplace (www.nar.realtor). While a bigger home can mean a more expensive home in a competitive market, building from scratch allows you to benefit from your high sales price without paying the premium in the current market. Building a home can even allow you to acquire “instant equity” in some circumstances when comparing the sales price of your finished home to the actual cost of building.

3. There will not be a sharp rise in the amount of first time home buyers.

Mortgages are expected to rise but remain near record lows of about 3% interest (www.nar.realtor). While this is a major incentive for new buyers, higher asking prices have prevented a significant rise in first time home buyers. We expect this trend to continue with large down payments creating a barrier to entry.

4. Housing starts may be recovering to pre-2008 numbers.

More new homes were started in 2020 than any other year since the Great Recession. In fact, December 2020 saw the end of a year with the highest number of new homes started since 2006 (www.census.gov). With a constricted pool of options, more and more homes are being built to help meet the demand. As the nation feels the hope of additional economic stimulus, increased new home projects are expected to continue.

When it comes to building a custom home, there are constant decisions to be made. One of the most significant is deciding where to build your home. With San Antonio’s continued growth, finding the space to build often means looking on the outskirts of the city. The Texas Hill Country boasts beautiful rolling hills, expansive yards, more trees than rooftops and great schools. All these benefits come without the price tag of city taxes. Whether you want an oasis outside the city, or a refuge within the radius of HEB, the Hill Country has you covered.

Found between San Antonio and Austin is the rolling 4,000 acre community of Vintage Oaks. This community offers 1-14 acre lots with gated and ungated options to guarantee the ideal fit for each customer. Residents can enjoy the events, food and shopping of quaint New Braunfels as well as year round community activities. Home owners also have access to resort-like amenities including a fitness center, multiple pools, and a lazy river. No doubt about it, this community is a gem for families seeking to escape the city.

Located in Spring Branch, Texas and nestled on the Guadalupe River is Serenity Oaks. This community boasts home owner river access as well as private access for lots located directly on the river. With 1-3 acre sites, home owners can expect a spread out feel while still having the opportunity to pass neighbors on walks. Serenity Oaks is a gated community with a recreational park offering a playground, basketball court and pool. Located in the Comal Independent School District, children have a variety of education options sought after in the area.

In the tiny Texas town of Bulverde, lies Belle Oaks. Offering a 15 minute distance from North San Antonio, this community can offer peaceful scenery without a killer San Antonio commute. Prospective homebuyers can choose between 1-2 acre sites also zoned within the Comal Independent School District. The community offers outdoor amenities such as trails, a playground, a pool, and sport courts. For those seeking aquatic leisure, Belle Oaks is only 20 minutes from the beautiful Canyon Lake.

All three of these communities allow people to purchase land but wait to build until the time is right for them, a sign of the easy going nature found in home divisions on the margins of San Antonio. The Hill Country is filled with gorgeous views and growing communities allowing a small town feel without losing access to city amenities. Wherever you picture your dream home, it can’t beat the Texas Hill Country.

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Here’s what December told us about the 2021 housing market…

1. People REALLY want to buy your home. Like really, really.

2. Most people want extra room to accommodate working from home.

3. There will not be a sharp rise in the amount of first time home buyers.

4. Housing starts may be recovering to pre-2008 numbers.

Where do you build a new home in San Antonio?