San Antonio Texas, recession proof?

By
Real Estate Agent with Keller Williams Realty

     

 

 

 

   There was an interesting article in the San Antonio Express News the other day stating that San Antonio doesn't suffer from the recession, as far as the housing market goes.  It also should be noted that the homes in San Antonio rise about 4% a year in value.  That is considered a good appreciation rate!  Our market has dipped in some areas however in others, take New Braunsfel, it rose 1% over the last quarter.  The Northwest side, near Lackland AFB, rose about 42%!  Wow what a recession.  If you're in the market for a nice home that's reasonably priced then I say San Antonio is the place to be!!  We also only have about a 1% foreclosure rate and our unemployment rate is extremely low!!  Jobs are a plenty in good ole San Antonio (and you can catch a Spurs game for a reasonable price).

Who do you know looking to buy or sell in the San Antonio area?

Frank Bailey

Comments (3)

Frank Bailey Sr.
Keller Williams Realty - Schertz, TX

It's been about a month and we're still going strong in the San Antonio area.  This really is the best time to be a home buyer in the San Antonio area.

Jun 10, 2008 05:15 PM
Zibby Swieca
Rockway Home Inspection Inc. - San Antonio, TX
TREC LIC # 9645

Great post Frank.  Have a great year.

Zibby Swieca

Jun 24, 2008 10:09 AM
Frank Bailey Sr.
Keller Williams Realty - Schertz, TX

Thanks Zibby hopefully we can work together in the future.

Jun 24, 2008 10:14 AM