San Antonio makes top 10 list of real estate markets to watch for the first time

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San Antonio came in 8th for its overall real estate prospects on the U.S. markets to watch in 2024, behind Boston and ahead of Raleigh-Durham.

San Antonio came in 8th for its overall real estate prospects on the 80 U.S. markets to watch in 2024.While the overall real estate market has sputtered since the pandemic, San Antonio is on the move, at least according to one industry group.

Last year, San Antonio was ranked 21st on the markets to watch, while Austin was 4th and the Dallas metroplex, 7th. Nashville took the top spot both years. The report quotes a consultant who attributed that continuing trend to the relatively low cost of living, good quality of life and business-friendly environments in some Sun Belt states.

In addition to the markets to watch rankings, the PWC/ULI report features an outlook on the market and industry trends. Two Weston Urban executives facilitated a group of real estate leaders to provide input to the report: Reeves Craig and Mark Jensen, both vice presidents of multifamily development at the San Antonio-based developer with

 

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