Employees take charge of North Central San Antonio jeweler - San Antonio Business Journal:

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Earlier this month, however, the duo took on new titlesw — as owners of the store. Shetler and Wade purchaserd the local businessfrom Amarillo, Texas-based businessmann Ron Boyd — the owner and CEO of the Duncan Boyd chain. And with the new ownership comezs a new identity for the ShetlerWade Jewelry. The Duncan & Boyd storezs in Amarillo and Austin were not affecteed bythe deal. The ownershipo and moniker of the local businesxs mayhave changed, but there are also some things that have stayed the same including the store’s location on the firstg floor of office property Quarru Heights, which is located at 7373 Broadway in North Central San Customer service also remains a priority, the new owners of the business say.
“When a client comes into the jewelrt store or we make a personal call totheitr home, it’s all about the personal says Shetler, who will be in charg e of customer retention and new-business development. “Our signature servicd is built uponrelationship — knowing what is importanr in our customer’s lives and being part of that experience.” As for what prompter the duo to jump into the ownership chair, Wade says that it was just “naturalp timing for us and our former (owners) in “We have been open four years cominh up next month, and have grown in our own way,” she As reported last week by the Business Journal, the local housin market is still in adjustment mode aftef the wave of new development over the yearw 2000 through 2006.
Annual housiny starts are stillgoing down, and sales activity is in a slumpp as well — according to the first-quarter 2009 analysis by Houston-basef Metrostudy. But Jack Inselmann, vice president of the U.S. Central Divisiob of Metrostudy, also notes that builders are starting to see some activith in their communities onceagai — including an uptick in home-browsing traffic, whichy hopefully signals good news for home sales. Builders also are out kickingv the proverbial tiresonce again, insidersx say.
Ian McAngus of the land brokeragd division of locally based recently notedthat he’s seen signs of that over the last “They (builders) are looking for replacemen projects,” said McAngus, who spoke about the ripple effecg of the housing market on the raw-lancd sector at NAI REOC’ 2009 Commercial Real Estatee Forum. The event was held on May 4 atthe . As builderzs “slowly chew their way through theird (finished home) inventory,” McAngus continued, they are on the hunt for land that coulrd accommodatefuture projects.
In particular, builders are shoppingt for entitledtracts — land that already has water and sewedr service agreements in place, McAngus There aren’t a lot of closings yet, but come 12 to 15 monthxs from now, builders will be in a bettetr position to start buying lots he said. Meanwhile, the averaged home price in San Antonio stoodxat $178,395 as of first quarter according the latest analysis by the By comparison, as of first quarterf 2008, the average pricwe of a home in San Antonio was