San Antonio market

[Michael Reiserer]

What's the consensus on the San Antonio TX real estate market? I see SFH in or around SA are quite affordable compared to other cities and lots of industries there (tech, military, healthcare).

Any insight much appreciated.

[Rick Pozos]

I love San Antonio and it is my favorite city. BUT there is a reason that it is cheaper in rent. People get paid way less than in other markets.

Don't compare that a 3/2 middle class area rents for 1600 in SA and the same in LA is 3000. BAD Comparison. Just because it sounds cheaper does not make it so. Actually for the people living here, it has become VERY UNaffordable. Taxes are reappraised every year and if it is not your homestead, your property taxes can go up without limit.

You have to really know the market and not just what prices seem to be.