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San Antonio: One of TOP 10 Cities for Jobs and Housing Market Growth

By
Real Estate Agent with Fathom Realty, LLC

Great News for San Antonio!!!!!!!!!!!!!!!!! 

Daily Real Estate News  |  August 27, 200810 Cities Where Jobs, Home Prices Are Growing

To determine where home prices are expected to rise most in the next couple of years, Forbes.com looked at projections for housing starts from the National Association of Home Builders and job-growth projections from Moody's Economy.com.

Forbes identified cities that are likely to be vibrant markets because jobs are increasing and the housing market wasn't overbuilt during the boom.

"The logic is pretty straightforward," says Mark Zandi, chief economist at Moody's Economy.com. "People will spend as much on housing as their income will allow them. House prices are very closely tied to household income over the long run when you look at business cycles."

According to Forbes, these are the 10 cities where home prices are most likely to rise:

  • Albuquerque, N.M.
  • Charlotte, N.C.
  • San Antonio, Texas
  • Portland, Ore.
  • Austin, Texas
  • Salt Lake City, Utah
  • Colorado Springs, Colo.
  • Minneapolis
  • Atlanta
  • Oklahoma City