Top Reasons to Invest In The San Antonio Market. Any other faves?

[Fern Vargas]

Top Reasons to Invest In The San Antonio Real Estate Market

Strong & diverse economy. Unemployment rate below 4%. A well educated productive workforce. #2 recession-proof city. (Forbes) Lower business & lifestyle costs than others. Amazingly affordable real estate for investment. Single-family, duplexes, fourplexes. 3-year appreciation forecast of 9.1%. Around 45% of the residents are renters. The growing fuels the rental demand. San Antonio is also known for its low cost of living. Closed sales increased by 14 percent year-over-year. Compared to June 2019, San Antonio's average price of a home increased by 3%. Year-to-date, the average price has shown an increase of 5% to $278,395. In a year-to-date, year-over-year comparison, Bexar County faired well compared to Travis (-10.7%) Harris (-4.9%) and Dallas County (-6.8%.) Each of these counties indicates a decrease while Bexar county shows a promising a 3.4% increase. As predicted, June has shown to be a strong buying season. This can be seen by the pending sales of homes (3,785). An additional 931 homes are pending from June through July, consequentially resulting in a 32.6% increase. MARKET UPDATE PRE AUGUST #'S STILL PENDING ...PREDICTIONS ARE GOOD INCREASE FROM LAST YEAR Why are/arent you investing here?