Where U.S. Home Prices Are Likely to Rise
San Antonio and Austin, Texas, have largely avoided the real-estate crash, with price increases of 2.5% and 4.1% in year-over-year terms, respectively, according to the NAR. This is driven in part by the fact that the two markets are expecting building slowdowns of 24.7% and 28.2%, respectively, through the end of the year, as home builders are bearish about the remainder of 2008 and 2009 in the sales market or cannot find financing. Builders as a whole are binding their wounds and cutting back production, adopting a wait-and-see approach to home prices in the coming year.
But for the start of 2010 and into 2011, builders expect a more vibrant market for sellers. For homes built in 2009, which would come off the conveyor belt in 2010 and 2011, the NAHB forecasts a 9.6% increase in Austin and a 20.9% increase in San Antonio above 2008 levels. Much of that has to do with expected job growth in all nonfarm sectors.
San Antonio Real Estate Investment
The San Antonio real estate market might be described as "the little engine that could," according to Dwight Hale, broker associate with the Schrader Group. "We're not the most spectacular market, but we're a very steady [one]," he said.
It's OK To Pass "go" - The Housing Market Isn't Looking So Bleak In San Antonio
Read the national news, and you'll get the impression that the entire U.S. real estate market is in the toilet. The burst of the housing bubble and the subprime mortgage crisis have led to falling real estate prices and an increasing number of foreclosed homes.
America's Most Stable Housing Markets
Expensive markets like Seattle and San Francisco, which have low housing inventories and low construction costs, do well by this measure. Most of the top performers, however, are affordable, high-job growth markets like Dallas and San Antonio.
Bexar Among 10 Counties in U.S. With Highest Population Gains
Half of the nation's 10 counties with the most population growth last year were in Texas, with Bexar County experiencing the sixth-highest numerical gain overall, according to U.S. Census Bureau estimates to be released today.
Best And Worst U.S. Housing Markets
Scaled-back lending practices, risky loans, oversupply and low demand continue to plague the nation's housing markets, driving down prices and stalling sales.
Relocate-America.com Ranks Top 100 Cities In Its Annual List
Second on this year's list was San Antonio, Texas, which people praised for its cost of living, recreational opportunities and diversity, he said. Chattanooga, Tenn., came in third place, noted for its vibrant downtown and affordable home prices in the nominations.
Housing Bubble Didn't Burst Everywhere in U.S.
Places to watch on that account include San Antonio and Austin, Texas; Chicago; Milwaukee; Philadelphia; Pittsburgh; Denver; Portland, Oregon; Minneapolis-St. Paul; and Charlotte and Raleigh-Durham in North Carolina.
Editor's Introduction: And The Winner Is-Texas
Welcome to our second annual look at America's Top States for Business-a study that shows you can't sit still if you want to stay competitive.
When we embarked on the 2008 edition, we wondered how much could possibly change in one year. After all, the states that put it all together for business have it down to a science, and those that are gunning for the top spot couldn't possibly make a difference in so short a time-could they?
31 Places to Go This Summer
Who needs Europe? The Texas Hill Country, west of Austin and north of San Antonio, might be the next best thing to crossing the Atlantic. The region is lush, colorful and, unlike much of the pancake-flat state, dotted with beautiful green hills that are evocative of Tuscany or the south of France.