San Antonio has caught the attention of many real estate journals and researchers predicting that 2016 is going to be solidified positive year in real estate investment. The Alamo City landed on the “Emerging Trends” of Urban Land Institute as one of the top 20 markets in the coming year. San Antonio has experienced a great cycle in the past few years and trends only seem to be improving into this next year. The nation is in a time period of economic growth with Jefferson Bank’s Economic Forecast stating that San Antonio is stronger than ever with real estate being one of the strongest, most reliable investment options. 2015 was a record-breaking year in real estate regarding sales with a 10 percent increase in year-over-year total sales. The San Antonio Business Journal reported a total of 27,154 homes sold in 2015; blowing the cap off of 2006’s record of 26,169 homes sold. San Antonio’s reputation is being continually edified towards its affordability and divers ability for locals, companies, professionals, and families alike. The 2016 improvements in economic diversity by supporting growth in new industries such as biotech, job development in urban and suburban areas, and new job opportunities overall are causing reviewers to rave that San Antonio is a ‘something for everyone’ market. The city’s continual expansion has been stimulated by the 3.7% job growth increase which is estimated to rise further. Home builders in the community are prepared for the expanding demand in housing brought by new home buyers who are benefiting from all of the new job opportunities.
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Author:Brian Cordova Phone: 210-865-7653 Dated: May 9th 2016 Views: 102 About Brian: Brian offers a wealth of knowledge when it comes to your real estate needs in San Antonio. Whether y...
The Cordova Home Team at eXp Realty is proud to serve the San Antonio, Boerne, New Braunfels, Schertz/Cibolo, Alamo Heights, Terrell Hills, and Shavano Park areas bringing with them a wealth of expertise, passion, and experience to help you with all of your real estate needs. Whether you need to sell your home, buy a new home, are interested in investment properties, need a pricing estimate, or whatever else it may be, leave it to Cordova Home Team to guide you through the necessary steps. We are here to help you find a house to turn into a loving home.
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