San Antonio may lay claim to the Alamo, a Texas Revolution stronghold, but its housing market is just as secure. In fact, according to the U.S. News Housing Market Index, it’s actually the 10th strongest housing market in the nation.

That’s even with recent hits to demand, thanks to higher mortgage rates, which have hovered between 6% and 7% for months now.

Fortunately, San Antonio’s market has been well-poised to weather the storm. Home prices are up but affordable, employment is strong, and both builder and consumer sentiment are improving. Take a look at what’s in store for San Antonio’s housing market in the months to come.

Single-family building permits nosedived in 2022, falling from 1,357 in April to just 478 by year’s end. They’ve hovered around that level ever since.

To continue reading the rest of the article, please click on the source link below: