San Antonio at a glance

San Antonio

Sitting at number nine, San Antonio is among the top ten largest cities in the nation, and one of the leading cities in the state of Texas for tourism inducements. San Antonians take pride in having nationally recognized schools as well as fine secondary institutes. San Antonio is a “melting pot” for a culturally diverse population. People from all over the world have settled in this city, primarily due to being stationed at the five military bases and then choosing to retire in San Antonio. That is not the only thing San Antonio has to be proud of. San Antonio is home to the San Antonio Spurs, who were NBA champions in 2004. It is also one of the fastest growing cities in the nation. The Alamo city is the first city in the nation to have access to AT&T's new high-tech U-verse service, which offers a combination of television and Internet access products. The Greater Chamber of Commerce is also pleased to announce that Toyota has located a new manufacturing plant in the area, bringing many new career opportunities and job placement to San Antonio . San Antonio is booming with economic development in the technology industry as well as prospering young businesses and newly established residential communities.

Real Estate

Whether you're searching for some ranch land, a house in a nice neighborhood, an apartment, or a loft in the city, San Antonio has many housing options for you. San Antonio is ranked #1 as the top 100 largest real estate markets. It is also the 19 th largest housing market in the country.The median home price is $129,900. Project growth has decreased by 1.3% from 2006 to 2007, meaning that San Antonio is currently a sellers market, however do not let that intimidate you in regards to getting a good price on purchasing a home.The average home price gain is at 13.20%.

The reasons for the exploding success in real estate for San Antonio include:

•  Affordability - More than 50% of households can afford the median-priced home.

•  Location - San Antonio is the closest major metropolitan area to Mexico , benefiting considerably from NAFTA trade, and just a short drive to Austin and the hill country, and a couple hours to the beach.

•  Pro-Business - San Antonio has been flourishing with added military employment and landing major employers in the industrial field such as Toyota .

San Antonio , however, is a highly competitive new home market. Reasons for that are that most of the large public builders have a huge presence in San Antonio . Adding to that, San Antonio is home to Rayco Homes, which was purchased by KB Homes, and are cost-efficient building developments. Basically, lucrative home builders in San Antonio cannot afford to make mistakes.

Contact The Carvajal Group today to learn more about the great city of San Antonio and all that it has to offer.

Detailed San Antonio Area Information