Daryl Mitchell's Blog

This article was take from the San Antonio News and hope you enjoy the information. San Antonio is a great place to live. Bexar County foreclosure postings took a dip this summer, and it's a trend that appears to be continuing into the fall. Lenders are moving to close on 1,286 properties in Bex...

San Antonio Home resales slipped in July. San Antonio Texas is a great place to live with great ameneties. From the Riverwalk to The Alamo we have a huge amount of culture and history. According to the National Association of REALTORS®, Existing Home Sales nationwide fell to 4.67 million units on...

The San Antonio Mortgage market improved again last week, pushing San Antonio Mortgage Rates to an all-time low; lower than the lows set last November, even. Last week's low mortgage rate drivers are primarily European. Joining the debt concerns that have dogged Europe since March, a fresh wave o...

Last week, at its 5th scheduled meeting of the year, the Federal Open Market Committee voted to leave the Fed Funds Rate in its target range near zero percent. The Fed Funds Rate has been near zero percent since December 2008 and, in its official statement, the FOMC pledged to leave the Fed Funds...

Two months after posting their worst confidence reading of 2011, San Antonio home builders say they foresee no improvement in the immediate- or medium-term market for new homes nationwide. In August, for the second straight month, the Housing Market Index read 15. The HMI is a monthly housing sur...

San Antonio Mortgage markets improved again last week. The combination of global economic uncertainty plus a dour outlook from the Federal Reserve pushed mortgage bonds to highs for 2011, and drove mortgage rates below their all-time lows. Bonds were volatile, driven by the stock market's gyratio...

San Antonio Foreclosure activity continues to slow. According to RealtyTrac, a national foreclosure-tracking firm, the number of foreclosure filings nationwide fell 35 percent as compared to July 2010, a statistic suggesting that the housing market continues to improve. "Foreclosure filing" is a ...

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey* for the week ending August 5th, 2011.  On May 18th, 2011 we wrote: "Right now we're witnessing the beginnings of a mini-refinance boom in the primary mortgage market, but there has been little activity...

More Americans are getting back to work. The latest Non-Farm Payrolls survey from the Bureau of Labor Statistics shows that 117,000 net new jobs were created in July, thumping analyst estimates and surprising Wall Street investors. In addition, May and June's originally-reported figures were both...

Stone Oak, located just minutes north of downtown San Antonio, is a premier master-planned community that offers the charm of small town living in a village atmosphere. Cobblestone walkways connect the neighborhoods in Stone Oak to restaurants, shops, services and a first-rate medical complex. Th...