San Antonio Board of Realtors
Special to NHOME
The San Antonio Board of REALTORS® hosted the 2016 Housing Forecast on January 7, 2016 at the J.W. Marriott Hotel to an audience of over 800 REALTOR® and Affiliate members. Participants at this annual event heard from a series of locally and nationally recognized speakers sharing their expertise on market conditions, industry trends and community conditions and how those factors will affect the 2016 real estate market.
“The local housing market experienced tremendous growth in 2015. Our sales increased 10 percent from last year and in the city of San Antonio alone, the dollar volume of sales increased 7.3 percent year over year,” said Angela Shields, President and CEO of the San Antonio Board of REALTORS®. “This continued strength in the housing market and the caliber of speakers attending the event make it a prime opportunity for real estate professionals to prepare for the coming year.”
The 2016 Housing Forecast presenters included Dr. Mark Dotzour, Real Estate Economist, who spoke about the current conditions in the Texas market while offering some insight into the coming year; Bob Jacobs, SABOR’s 2016 Chairman, who shared detailed statistics regarding the market in the San Antonio and surrounding areas; and Tray Bates, 2015 President of the South Texas Commercial Association of REALTORS®, looked at commercial real estate trends. There was also a panel discussing a range of topics including property management, lending and military. Panelists included James Alderson of Atlas Residential Realty, Everett Ives of the National Association of Mortgage Bankers and Donna Jones of Joint Base San Antonio. The panel was moderated by Cynthia Lee, former local news anchor and licensed REALTOR®.