San Antonio labeled ‘hip’ market by investors
SAN ANTONIO - A new report by PwC shows that investors are expected to look at secondary markets like San Antonio for real estate investment.
People may have once called it lame, but San Antonio’s reputation among national investors is becoming a whole lot "hotter."
According to PwC’s latest Emerging Trends in Real Estate report, secondary markets such as San Antonio are expected to draw in more investment and development activity as both global and domestic investors hunt for better yields.
Classified as an 18-hour city, San Antonio and other markets such as Austin, Denver and San Diego have managed to replicate aspects of primary markets that a majority of investors find attractive, making it possible to provide the benefits of larger urban areas but with a much lower price tag.
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