3 Reasons Why San Antonio is a Good Investment

  • Denise Graves
  • 09/19/19
 

From the Economy to the Lifestyle, Few Places Offer a Better Investment Than That of San Antonio

When it comes to the major cities in Texas, Austin, Dallas-Fort Worth, and Houston grab most of the headlines. While it's true they each have their own unique charms (they are in Texas, after all), the real star of the Lone Star State is San Antonio.

For many years, the city was known mainly for The Alamo and the pivotal role the 18th-century Spanish mission played in Texas' independence. While that heritage remains embedded in San Antonio's DNA, by every available metric, the Alamo City is a place on the rise—a cultural and economic hub for the 21st century.

Here are three reasons why San Antonio is a good investment and a great place to call home.  

1. San Antonio is Thriving

According to the U.S. Census Bureau, San Antonio is the second-fastest-growing city in the nation.

Wallethub has San Antonio listed as one of the best places in the country to start a business.

U.S. News has the city ranked as one of the best places to live, find a job, and retire.

The San Antonio job market is robust, buoyed by a strong military presence and even stronger civilian industry. Five Fortune 500 companies call the city home, including energy giant Valero, financial services company USAA, and media firm iHeartRadio. And that's all in addition to the strong tourism and health care sectors.

Decisionmakers have also kept a keen eye on opportunities to enhance the area. Case in point is turning a devastating loss for the city in the closing of Kelly Air Force base into the triumph that is Port San Antonio, a powerful billion-dollar economic engine for the region.

San Antonio is indeed thriving, positioning itself as a city with a very bright future, where one can live, work, and play year-round.

2. Affordable Housing and Low Cost of Living

Even with the growth and accolades, the nation's seventh-largest city remains a hidden gem for many, where, according to Payscale, the cost of living is 14% lower than the national average.

The secret, however, is starting to get out, and demand for housing is growing, making now the perfect time to invest before prices climb. Median home prices in the city are $229,700—much more affordable than the other four major Texas metros and almost $10,000 below the state median.

3. You Can Live an Urban, Suburban, or Rural Lifestyle

While the economic and housing indicators reflect a city ripe for financial investment, there is also the case for investing in the area's lifestyle. The city is diverse and culturally vibrant with a median age of 34, which gives it an energy unmatched by other regions in the U.S.

Even better, there is plenty of variety in where you can put down roots. Do you want to be close to the action of the vibrant city center? Or prefer the charm of Hill Country towns like Boerne?  Whatever the answer, whatever your pace or desire, you are sure to find it in San Antonio. 


Are you ready to invest in San Antonio luxury real estate or opportunities in the surrounding Hill Country? Contact Denise Graves today and let her exemplary level of service and extensive local knowledge be your guide to the best of San Antonio real estate.


 

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