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San Antonio
The San Antonio real estate market has been named one of the best markets on several lists. Forbes listed San Antonio as one of the best places to invest in real estate in 2016. It also made the top five single-family housing markets and healthiest housing markets in big cities.
San Antonio is actually the seventh most populous city in the country. The job market is strong, with lucrative industries including oil and gas. During the recession, the unemployment rate remained below the national average. The growth in population is mostly millennials, and we all know what that means for investing in San Antonio real estate - a demand for rental properties. It also means that the home appreciation rate will continue to grow along with the population.
Both traditional rental properties and short-term rentals would be effective strategies for investing in San Antonio real estate, as San Antonio is one of the more lenient cities toward Airbnb rentals.
If you’re thinking of investing in San Antonio real estate, the average home price is lower than other cities in Texas but prices prices are increasing. The good news is, down-payments in San Antonio are the lowest in the country, mortgage rates are stable, and interest rates are low.
