While many other markets around the country are struggling, the San Antonio real estate market has maintained
its value. Out of the 50 biggest metro areas, SA ranks as one of the most stable markets by the PMI Group, a California-based company which measures the likelihood of home values decreasing in the next two years.
From San Antonio Business Journal: Good economic information on SA…average number of homes sold during six months period ending April 30, 2010 was an increase of 19.1% over same six months previous year…residential building permits were up nearly 29% over the same time period…SA has continued to improve the size, scope and strength of its private-sector base and the competitiveness of its workforce. These factors will be key moving forward for San Antonio.
Retirees love the fact that the cost of living is so low and that there is no state tax. Young families love San Antonio because of all the fun things to do – the
Riverwalk, Six Flags, SeaWorld, the Alamo and Tejano culture. San Antonio also has a strong military presence with three major bases, and many of these men and women return to live here permanently because they had grown to love this beautiful city during their stay here. The climate is also a big plus, averaging in the 60’s in the winter and 90’s in the summer.
Just outside the San Antonio borders, you begin to enter the Texas Hill Country beginning with the town of
BOERNE (pronounced “burn – e”). There are now many other new subdivisions on the way to Boerne, including the exclusive Dominion, where stars such as George Strait and many of the famous Spurs live. Beautiful
homes abound in this area. San Antonio is also close to Kerrville, New Braunsfels, Medina Lake – all within a
30 – 60 minute drive. These are wonderful towns to visit on the weekend , go antiquing, attend their small-town
July 4 parades...just like in the days gone past! Fun!
lease contact me and let me know how I can help you, or call me with questions of any kind. I will always be happy to consult with you on the value of your current home.