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Congratulations San Antonio!

San Antonio ranked #1 on the 2011 Milken Institute “Best-Performing Cities Index” among 200 of the largest metropolitan cities. This respected index ranks cities by how well they are creating and sustaining jobs and economic growth. The components of the index include job, wage and technology growth. We are fortunate that our leaders have built an economy with a diverse job market to include tourism, medical & healthcare, military and recent strides in the manufacturing and technology sectors. Very few cities have such a diversified job market like San Antonio. Congratulations San Antonio!

People often ask me to summarize the San Antonio real estate market. The best way to summarize our market is this: Homes are still selling. Sellers are getting close to their asking price. Buyers have plenty of inventory to chose from. The main difference in today’s market is that it just takes longer for a home to sell.

Posted Monday Jan 23