Kudos to S.A.!
The Mortgage Bankers Association proclaimed San Antonio one of the top markets in the U.S. for home buyers in yesterdays paper.
San Antonio was picked due to our high employment rate that continues to go strong, the population growth we have been experiencing in recent years and price appreciation that is considered better than average.
San Antonio has also continued to do well because we never had the "bubble effect" that other markets encountered in 2005 and 2006. As a direct result of this Bexar county is not seeing a huge increase in foreclosures like the rest of the nation has so far. San Antonio's foreclosure rate is up about 22% while the nations is up and around 45%.
Individuals and families in San Antonio continue to get approved for mortgages if their credit score is at least 580 but it is true the way they are underwritten has changed.
This is very encouraging news for San Antonio, we need to spread the word to build back the consumers confidence in this marvelous city!
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Looking for more information on San Antonio Real Estate? www.SistersThatSell.com
to search for homes in San Antonio or anywhere throughout South Texas.
Kristin & Sheila Moran, "Sisters that sell", (210)313-7397, Kristin@KristinMoran.com.
Kristin Moran
Specializing in San Antonio & surrounding cities
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RE/MAX Access - Realtor®/Owner
KristinMoran@Remax.net 210.313.7397 www.SistersThatSell.com
Buy a home from me, use the truck to move for free!
