Realty Times January 10, 2008

Market Conditions: San Antonio, Texas
by Realty Times Staff

San Antonio, Texas, known as The Alamo city, has seen prices rise in recent months.

This comes to us from Broker David Bowman, who also reports that the recent entry of investors into the market offers further proof of San Antonio's coming of age. These investors are betting millions that prices will not remain among the lowest in the country.

High rent to value ratios, moderate vacancy rates, low price structure and stable market conditions add up to low risk. This is a very attractive scenario when other markets are concerned with declining values.

Additionally the Texas legislature has passed a measure which reduced the property tax rate further, lowering home ownership costs. These changes have made a significant impact on sales activity, which increased from 2003-2006.

For information on your area, please click here.



Copyright © 2008 Realty Times. All Rights Reserved.

With an award winning staff of writers providing up to the minute real estate news and advice, thousands of REALTORS® in North America reporting daily market conditions, and a nationally broadcast television news program, Realty Times is the one-stop shop for real estate information. That's why over 10,000 real estate professionals have turned to us for their publicity needs.