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How well is the San Antonio real estate market fairing compared to the rest of the country?



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How well is the San Antonio real estate market fairing compared to the rest of the country?

Also...what about other Texas markets. How is SA comparing?


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The real estate market in San Antonio has bounced back from its lows during 2008 and it is now steady, with median house prices (see here) just above the mean Texas level. New purchasers tend to be investors snapping up bargains in the foreclosure market. Whether this is sustainable is questionable, with further defaults likely from Option ARM and Alt A mortgages.

In general, the Texas markets are doing quite well compared to the national average. The Houston real estate market is doing particularly well given the strength of the oil and gas industry.

Answered by on April 16, 2009





 



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