Did you know that approximately 13% of all homes in the United States are vacant? However, it is still a good time to buy a home because many interest rates and home prices are still relatively low. Before buying in this housing market, however, it is important to determine where you want to live. San Antonio, for example, is home to 1.3 million residents because there are several benefits of seeking homes for sale in San Antonio.
1. Businesses. San Antonio is a large city that contains many businesses. In fact, five Fortune 500 companies are located in San Antonio, and Forbes ranked San Antonio 11th on a list of the “Best Places for Business and Careers.” As a result, homes for sale in San Antonio only spent an average of 71 days on the market before they were sold during the summer of 2013.
2. Attractions. There are many things to do and see in the San Antonio area. The Alamo, Spanish Governor’s Palace, and Menger Hotel, for example, are all popular and historic attractions located in San Antonio. Since there is a wide variety of cultural destinations to visit, many people seek San Antonio homes for sale in these areas.
3. Warm climate. San Antonio is located in Texas, which is a section of the U.S. that is known for its warm temperatures. In fact, the average high temperature in January is 62.9 degrees Fahrenheit, and the average high temperature in August is 96 degrees Fahrenheit. As a result, San Antonio real estate is commonly sought after by those who enjoy warm climates.
Although there were 454,000 fewer foreclosed properties in 2013 than in 2012 throughout the United States, it is still common to seek San Antonio foreclosures or new homes for sale. This is because there are many businesses and attractions in the area, and San Antonio also has a warm climate. Since there are several benefits of living in San Antonio, it has become a common place to buy a home. Find more: www.allenrealtygroup.com