The real estate and job markets throughout America the last few years have taken a beating for the most part. There are very few areas of the country that sustained their real estate values and maintained a strong job market.
Many areas such as in California and Michigan, values in some cases have dropped 30% to 50% or more. People are losing their jobs as businesses scramble to downsize to survive this recession.
One market that is not in as deep of waters is San Antonio, Texas. Not nearly as known as their big brothers Dallas and Houston, this city has recently gotten a lot of media coverage for its job growth, low cost of living and real estate market. People have noticed and are coming in big numbers. Look around this city and you will see development and construction going on everywhere and “Help Wanted” signs on many businesses.
What a difference from what I have seen and read about in most other areas of the country.
Here are some of the highlights of San Antonio: Continue reading this post