CNNMoney Names San Antonio 3rd Most Affordable Housing Market
July 13, 2010
San Antonio is the 3rd most affordable housing market in the country, according to CNNMoney.com.
The website recently named its top 25 most affordable housing markets based on how well median income matches up to median home prices.
According to CNNMoney, San Antonio has a median household income of $55,958 and a median home price of $145,900.
“The city of “Remember the Alamo” has made great strides in diversifying its economy. Key components of strength are now the tourism, bio-medical and financial services industries. In addition, it’s a center of higher education and a major military center with 75,000 servicemen and women stationed in the city.
Jobs keep people coming to the city and a high quality of life encourages them to stay, said Mayor Julian Castro. Costs here are low and homebuyers can choose from a large stock of single-family properties at a median price of around $140,000.”
If you’re relocating to San Antonio or already live here and would like to work with a Texas Affordable Housing Specialist register below.
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