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San Antonio, Texas, currently ranked the 8th largest city in the United States, is visited by 20 million tourists each year. It is famous for its Riverwalk, the Alamo, the Tower of The Americas, and the three-time NBA Champion Spurs basketball team. SBC Communications, Tesoro Petroleum Corp, and Clear Channel Communications are all headquartered in San Antonio, providing many residents with jobs.
With a boost from low interest rates and very competitive mortgage financing fees, San Antonio real estate should not be overlooked.
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| Population 1,144,646 | Median Age 31.7 yrs | Household Size: 2.77 |
| Avg Home Value: $68,800 | July High: 94.6°F | January Low: 39.0°F |
San Antonio Real Estate
Home of the famous Alamo, San Antonio offers a rich blend of Mexican-American culture with a vivid sense of history and tradition. Now the 8th largest city in the United States, San Antonio has blended its culture with cosmopolitan progress to make it a crossroad and a meeting place. This city gives a range of warm-weather lifestyles from retirement living to active business development.
Currently, the San Antonio real estate industry is booming with low interest rates and competitive mortgage financing fees. Because of an increase in property value, homeowners are receiving extra income. San Antonio real estate is taking advantage of these low interest rates and higher equity on homes, and investors are selling and buying larger and more modern homes at a lower interest rate.
For first-time buyers, they are now able to qualify for higher loans and better finance conditions because of the market climate. There are better alternatives for buyers and sellers in the communities. Part of the San Antonio community’s excellence is great secure locations, great school districts, lots of amenities and top-notch community recreational facilities.
With plenty of opportunities in San Antonio real estate, nearby ranch-like properties offer wide-open spaces with easy commutes and two-acre lots for building new homes. San Antonio has become one of the Southwest’s most popular cities, which makes San Antonio real estate a market that cannot be overlooked.
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A REALTOR® is a real estate professional who is a member of the National Association of REALTORS®