San Antonio in top ten Best Places for Homeownership | San Antonio in top ten Best Places for Homeownership | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=5171 | 2014-01-24T11:30:00Z | 2014-01-24T07:00:00Z |
SAN ANTONIO - The city has once again earned a prestigious spot on the 2014 list of The Best Places for Homeownership by consumer-resource website NerdWallet.
In the category of the best large metros for homeownership, the San Antonio-New Braunfels metropolitan area took the No. 6 spot.
Cities were ranked based on a scoring system for homebuyers. Factors going into the scoring included homeownership rates, housing affordability and growth of the metro. The overall score for the Alamo City was 75.6 based on a 100-point scale.
San Antonio had a home ownership rate of 62.9 percent according to the report. The median selected monthly homeowner costs is $1,337 while the median monthly household income is $4,257. The San Antonio-New Braunfels metro saw a 1.7 percent population increase between 2011 and 2012.
The metro fell just behind Raleigh,-Cary, N.C.; Charlotte-Gastonia-Rock Hill, N.C.-S.C.; Salt Lake City, Utah; Indianapolis-Carmel, Ind.; and Nashville-Davidson-Murfreesboro-Franklin, Tenn. on the national list.
In 2013, San Antonio took the No. 3 spot on NerdWallet’s homeownership list.
For the complete list and more stats see NerdWallet.
| San Antonio Business Journal
| San Antonio-New Braunfels
| Housing
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