San Antonio Real Estate
As you may have heard, the San Antonio Real Estate market is one of the hottest in the nation and had a jaw-dropping year in 2006. Better yet, there is every indication this trend will continue for years to come. According to Fortune magazine, San Antonio was the nation’s best real estate market in 2006 and, in addition, the 2007 forecast still has it ranked in the top three cities to experience continued growth and appreciate at rates far above the national average.Why buy a home in San Antonio? Besides being a wonderful place to live, rich in southwest culture and history, it has one of the healthiest job markets in the nation. In the past several years alone, San Antonio has attracted huge employers such as Washington Mutual and Toyota, as well as experiencing steady increases in military members stationed at the three nearby Installations of Fort Sam Houston, Lackland Air Force Base, and Randolph Air Force Base.
More About the Area
San Antonio is the second-most populous city in the state of Texas after Houston and seventh-most populated in the United States. As of the 2005 U.S. Census estimate, the city had a population of over 1.2 million. Its eight-county metropolitan area has a population of over 1.8 million, the twenty-ninth most-populated metro area in the United States. San Antonio, which is the county seat of Bexar County, covers over 400 square miles on the northern edge of the South Texas region and southeast of the Texas Hill Country.
San Antonio was named for the Portuguese Saint Anthony of Padua, whose feast day it was when a Spanish expedition stopped in the area in 1691. The city has a strong military presence—it is home to Fort Sam Houston, Lackland Air Force Base, Randolph Air Force Base, and Brooks City-Base. San Antonio is home to the South Texas Medical Center, the largest and only medical research and care provider in the South Texas region.
Famous for its River Walk, the Alamo, Tejano culture, and being home to SeaWorld and Six Flags Fiesta Texas theme parks, the city is visited by 20 million tourists per year. San Antonio is also home to the first museum of Modern Art in Texas—the Marion Koogler McNay Art Museum.
San Antonio has a diversified economy with four primary focuses: financial services, health care, national defense, and tourism. Located northwest of the city center is the South Texas Medical Center, the largest medical research and care provider in South Texas, which is a conglomerate of numerous major hospitals, clinics, and research and higher educational institutions. The center is "chief catalyst" for a $14 billion biomedical industry.[13] It employs over 27,000 persons with a combined total budget of $2.8 billion.[14] San Antonio is the only city in the United States hosting three Level I Trauma Centers within the city limits (2 military, 1 civilian)
The city is also home to one of the largest military concentrations in the United States. Fort Sam Houston on the city's northeast side hosts Brooke Army Medical Center, focus of the U.S. Army's medical command and training functions. Lackland Air Force Base on the city's west side is one of the world's largest training complexes. While it is known for hosting the U.S. Air Force's basic military training, it also hosts follow-on technical training for many other Air Force specialties, as well as other operations. Randolph Air Force Base on the far northeastern outskirts is the headquarters of the Air Education and Training Command, headquarters for Air Force personnel management and also hosts pilot training. Additionally, Brooks City-Base on the city's south side and KellyUSA adjoining Lackland still have significant military presences as well as defense contractor businesses. The defense industry in San Antonio employs over 89,000 and provides a $5.2 billion impact to the city's economy.[15]
Twenty million tourists visit the city and its attractions every year, contributing substantially to the city's economy.[16] The San Antonio Convention Center alone hosts more than 300 events each year with over 750,000 convention delegates from around the world.
San Antonio's corporate profile includes AT&T (formerly SBC), Clear Channel Communications, Frost National Bank, H-E-B, Rackspace Managed Hosting, Southwest Research Institute, Tesoro Petroleum Corp, USAA, Valero Energy Corp, Toyota Motor Manufacturing Texas, and Zachry Construction, which are all headquartered in the city. Companies not headquartered in San Antonio but which have a strong presence in the city include Bank of America, Caremark Rx Inc., The Capital Group Companies, Citibank, InfoNxx, QVC, NSA, Wachovia Bank, Washington Mutual, West Corporation, Clarke American, Lowe's [17], and in the future, Microsoft.[18] Other industries are establishing plants in the area, as the city's economy continues to grow.
San Antonio is a popular tourist destination visited by 20 million tourists per year. Famous for its Riverwalk and the Alamo, the three-time NBA Champion Spurs basketball team, the Tower of the Americas, and being home to SeaWorld, Texas and Fiesta Texas theme parks. The jewel of the city's real estate is the Paseo del Rio, or River Walk, which meanders through the downtown area. Lined with numerous shops, bars, and restaurants as well as the Arneson River Theater, this attraction is transformed into an impressive festival of lights during the Christmas and New Year holiday period.
Colleges, universities, and research institutes
San Antonio hosts over 100,000 students across its 31 higher education facilities which include:
TXAustinhomes.com has arranged for special incentives with the New Home Builders in the Austin & San Antonio Metro Areas. Email us the properties you are interested in for detailed information on available incentives and specials. Higher discounts for multiple property purchases.
Homes in Austin & San Antonio do not last long!
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