Press Release Published January 18, 2005

Texas: Wide Open for Business - San Antonio is Wide Open for Business, Too

Opening a business or investing in Texas is great; investing in San Antonio real estate is outstanding. (http://www.satxproperty.com) Is investing in San Antonio real estate really a good investment? The rich seem to think so; nearly all wealthy individuals include real estate in their portfolio.

(PRWEB) January 18, 2005 San Antonio, TX "G.T.T." or "Gone to Texas" were signs placed in shop windows across America indicating the mass migration to Texas, of days gone past. Today, the tradition continues as the State promotes its' "Texas: Wide Open for Business" campaign.

The Texas Governor Rick Perry created an Enterprise Fund and Texas Economic Development Bank to keep Texas at the forefront of emerging markets and industries. Texas is a business friendly state. Texas has low taxes, a high-powered workforce, a diverse economy, plentiful resources, great education system and an entrepreneurial climate.

In keeping with Governor Perry's "Wide Open" economic development campaign; Mission Realty, Inc. says, "San Antonio is Wide Open for Business as well." San Antonio is located in South Central Texas at IH-35, IH-10, IH-37 and US90 and is the eighth largest city in the US. San Antonio is located about 150 miles from Mexico, along the busiest highway between Laredo, the largest port of entry on the US-Mexican border. San Antonio is the gateway from Mexico to the rest of the entire United States.

What is driving investors to San Antonio real estate as compared to other locations in the US, is lower prices, lower cost of living, a motivated employee base, a decent job growth, high quality of life, reasonable home/property value growth, over 90% rental occupancy rate and nice year round weather. The new Toyota plant, San Antonio Spurs Basketball team, Bass Pro Shop, Fiesta Texas, Sea World, future PGA Village, Texas A&M University San Antonio, SBC Headquarters, USAA, UTSA, World Savings, Chase Bank, Citicorp, Lackland Air Force Base, Randolph Air Force Base, Ft Sam Army Base, Valero Energy Corp are just a few of the major employers. Among the larger cities in Texas, San Antonio has among the lower unemployment rates and the higher of the new job rates.

More and more investors are coming in from out-of-state as well as out-of-country. Dr. Mark G. Dotzour, Chief Economist with the Real Estate Center at Texas A&M University believes the cheap American dollar is making goods from other countries more expensive, but to foreigners it's as if "everything in the United States in on sale."

San Antonio homes, residential, multi-family and commercial real estate values continue to increase, but currently not at the staggering rates experienced by other parts of the country. Now is the time to invest in San Antonio real estate, while prices are low and values are high. All types of real estate are available in all price ranges and in all areas of the city. For an informative source visit Mission Realty, Inc. on the web at www.satxproperty.com.

Mission Realty, Inc. provides free access to search the entire San Antonio MLS. This San Antonio Homesearch includes Commercial, South Texas Ranches/Acreage and Multi-family properties.

To learn more about great San Antonio Real Estate investment opportunities for seasoned investors or first time home buyers alike; to buy or sell San Antonio property contact Randy Watson of Mission Realty at 210-744-4514. Visit Randy online at:
http://www.satxproperty.com/ in English or
http://www.satxproperty-sp.com/ en Español

 

Mission Realty, Inc.
7272 Wurzbach Rd., Ste 1003
San Antonio, TX 78240

Information sources include:

Office of the Governor, Rick Perry http://www.governor.state.tx.us/
Real Estate Center at Texas A&M University http://recenter.tamu.edu/
City of San Antonio http://www.sanantonio.gov/
San Antonio Chamber of Commerce
Mission Realty - Peter DiBenedetto, Broker/Owner 

Realtors® is a federally registered collective membership mark which identifies a real estate professional who is a Member of the National Association of Realtors® and subscribes to its strict Code of Ethics.

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