You’ve probably heard of how “hot” the real estate market is here in San Antonio. Let me explain why the market is hot and why investors are buying up as much of San Antonio as possible! San Antonio, being one of the states oldest municipalities, has a strong and diverse economy! What does that mean for you as an investor? Well, you’re investing your money in a vibrant San Antonio, Texas market, that’s what it means!
- Economy. Major San Antonio industries include; Military, Healthcare, IT/Cyber, Financial, Tourism, Insurance, Aerospace, etc. Diverse economy that attracts professionals of all demographics!
- High Appreciation of Property Values. Values have risen more than 50% over the past 10 years, and more than 120% since 2000!
- High Rental/Investor Demand. Roughly 40% of residents are renters. In today’s hot market, inventory is low, rental rates have risen, and vacancy rates have fallen making investors more profitable.
- Low Cost of Living. Housing expenses are approximately 24% lower than the national average. With relatively low tax rates, low utility bills, and affordable food & groceries (compared to other big cities like Austin, Dallas, Houston) make San Antonio attractive for residents and business owners alike!
- Low Real Estate Prices. Enjoy more house for less money! San Antonio on average is 30% more affordable than any of its neighboring big cities like Austin, Dallas, Houston.
San Antonio has had a lasting growing market trend, ideal for buy-and-hold investing. San Antonio’s housing market has proven to be strong (median age in San Antonio: 32), affordable (30% more affordable), and stable (years of market growth)! Ready to learn more? Contact me directly at 210-288-2054. I’d love the opportunity to answer any questions, I am ready when you are!
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