Builder Magazine Ranks San Antonio 4th Healthiest Housing Markets for 2010

March 2, 2010

1. Austin-Round Rock, TX
2. Raleigh-Cary, NC
3. Charlotte-Gastonia-Concord, NC-SC

4. San Antonio, TX

Market Health Indicator: 43.1

2009 Total Building Permits: 6,099

2010 Building Permit Forecast: 7,341

Military installations account for three of the four biggest employers here–Lackland Air Force Base, Fort Sam Houston, and Randolph Air Force Base. They have helped keep the region’s unemployment rate a relatively low 7.11%, though the area did lose some jobs last year due to weakness in manufacturing. This trend is expected to turn around in 2010; a 2.3% increase in jobs is projected. Household growth has also been strong here. It came in at 2.2% in 2009 and should continue at that rate in 2010. With relatively affordable housing and a growing economy, San Antonio has earned a reputation as a great place to live. It is expected to gain another 2.2% of households in 2010. Single-family permits rose 20 percent during the fourth quarter of last year. Market Intelligence expects total building permits to rise at a 20% rate in 2010, reaching 7,341. By comparison, San Antonio produced 10,261 total building permits in 2008.

5. Charleston-North Charleston-Summerville, SC
6. Denver-Aurora-Broomfield, CO
7. Huntsville, AL
8. Washington-Arlington-Alexandria, DC-VA-MD-WV
9. Durham-Chapel Hill, NC
10. Eugene-Springfield, OR
11. Dallas-Fort Worth-Arlington, TX
12. Richmond, VA
13. Minneapolis-St. Paul-Bloomington, MN-WI
14. Colorado Springs, CO
15. Myrtle Beach-North Myrtle Beach-Conway, SC
16. Portland-Vancouver-Beaverton, OR-WA
17. Wilmington, NC
18. Houston-Sugar Land-Baytown, TX
19. Greenville-Mauldin-Easley, SC
20. Des Moines-West Des Moines, IA

Read the entire article “The 20 Healthiest Housing Markets for 2010″ at BuilderOnline.com

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