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San Antonio Remains a City to Watch
Located between the south and central regions of the Lone Star State, San Antonio remains a superpower in both industry and investments, according to brokerage firm CXRE. It’s a hub for the United States military, financial service companies, healthcare providers and energy/petroleum companies.
Before the pandemic, San Antonio was a popular tourist destination, but CRE experts believe it will rebound fully in the next two to three years. Even with COVID, the city remains a popular market with commercial real estate investors. And, properties continue to be more affordable in San Antonio than in many other large U.S. markets.
Finally, San Antonio has been ranked as number one in America’s Next Boom Town by Forbes, a tech hotspot by Inc. and a top five city for economic performance by Brookings. New residents are drawn to the competitive cost of living which is currently 13.1% less than the U.S. average, the healthy job market and low business costs. Combined with a lower-than-average cost of living and high quality of life, San Antonio still remains a city to watch.
For comments, questions or concerns, please contact Lisa Brown
- ◦Economy
