Everything is bigger in Texas, or at least that’s how the saying goes. When it comes to San Antonio, at least, that statement is true: this southwestern city is one of the 10 largest cities in the United States, and according to the Census Bureau, has a population of 1.3 million people. For this reason, if you are interested in moving to Texas, you should consider San Antonio, a city of opportunities, culture, and a growing real estate market for potential residents to take advantage of.
From 2000 to 2010, San Antonio was considered the fastest growing large city in the United States. While that growth has abated slightly, an estimated 2,430 homes were sold in San Antonio in July of 2013 alone. During that summer, homes for sale in the city spent an impressive average of only 71 days on the San Antonio real estate market before being purchased.
There are a variety of options when it comes to buying homes for sale in San Antonio. More often than not, people buying in this housing market are military families looking for housing off-post, as the base houses in the area are often full. However, there are a variety of choices around the city that will appeal to civilian buyers searching for San Antonio homes. One way for prospective buyers to find a house, for example, is to search the foreclosure housing market: as of September 2013, 3.4% of San Antonio real estate listings were distressed properties, including foreclosed houses and short sales. Foreclosure sales allow home buyers to purchase property at as much as 40% of its original value. This is just one of many facets of the San Antonio real estate market that appeal to potential residents.
San Antonio has a number of benefits that make it attractive to both current and new residents. Not only is it a big city with large military and civilian populations, but it also has a culture all its own: one of the most popular destinations in the city is the San Antonio River Walk, a public park open 365 days of the year and lined with restaurants, hotels, attractions, and more. If you’re thinking of relocating to Texas, consider San Antonio. Contact a real estate agent to discuss San Antonio real estate listings today.