As President of the Prime Capital Corporation, a real estate enterprise based in Houston, Texas, Jerald Turboff provides brokerage, consulting, development assistance, and other services to Texas’s residential and commercial markets.

Industry stakeholders expect a combination of factors, including low mortgage interest rates and a rise in new home construction, to buttress sales and help grow the formerly stagnant San Antonio housing market. According to individuals with the San Antonio Board of Realtors, home sales may increase as much as 15 percent in 2013. Further, while home values climbed almost 3 percent in 2012, this year could bring an even greater rise.

The most up-to-date information on San Antonio’s housing market dates from January to November 2012, during which home sales increased more than 10 percent to 18,343 compared to the prior year’s 16,631. If that trend holds for 2013, it could precipitate economic gain not only for real estate professionals but also for the construction and the construction-supply industries.

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