San Antonio named in top 10 ‘hidden gem’ housing markets for 2022

[Bryan Noth]

San Antonio named in top 10 ‘hidden gem’ housing markets for 2022, meaning home prices expected to go up

Designation comes from the National Association of Realtors

• 3-year wage growth (BLS average weekly wage, 2018 Q2–2021 Q2)
• 3-year job growth (BLS nonfarm payroll employment, 2018 Q3–2021 Q3)
• Ratio of the 3-year change in population (2020 vs. 2017) to the sum of housing permits over a 3-year period (2018-2020)
• 3-year population growth (US Census Bureau, 2017-2020)
• Net domestic migration as a percent of population (U.S. Census Bureau, 2020)
• Percent of population 25 to 44 years old (U.S. Census Bureau American Community Survey, 2019)
• Percent of household with broadband service (U.S. Census Bureau American Community Survey, 2019)
• …

Linked article:

https://www.ksat.com/news/loca…

Original article:

https://www.nar.realtor/blogs/…

[Steve R.]

@Bryan Noth

This is very much expected. Huge inflow of people moving to San Antonio from all over US (even within Texas). Austin being so pricey, lot of people with flexi-work option are trying to live in San Antonio and just commute once a week to Austin. I see huge potential for San Antonio RE investment market as well especially since it's one of the very few places where you can expect positive cash flow and equity appreciation.

At the same time, we will never see appreciation to the level of Austin though.