http://www.flipthathouseblog.com/how-is-the-real-estate-market-in-san-antonio-im-looking-to-some-flipping-down-there.php Learn how to flip houses for profit Fri, 26 Sep 2008 20:44:15 -0600 http://wordpress.org/?v=2.8.4 hourly 1 http://www.flipthathouseblog.com/how-is-the-real-estate-market-in-san-antonio-im-looking-to-some-flipping-down-there.php/comment-page-1#comment-163 wallyinsa Wed, 10 Sep 2008 14:09:00 +0000 http://www.flipthathouseblog.com/how-is-the-real-estate-market-in-san-antonio-im-looking-to-some-flipping-down-there.php#comment-163 I've lived in San Antonio for almost 60 years and I've seen a lot of real estate booms and busts. A few things for you: I'm not saying the flip market has topped out but it's close to it. It's there, but you have to hunt for the good deals unless you want to spend a lot to repair/upgrade the fixer uppers - there's a lot of those to be had. There are still a lot of new subdivision developements going up and buyers are going there leaving a good supply of pre owned homes. Rentals are commanding good dollars now and will for quite a while - a lot of people just can't afford the down pymt. now. The real hot areas are north and south of S.A. but the west is catching up fast - the east is more long term. San Antonio is a nice place to live but we lost that small town feel 20 years ago ( sad to say ). I simply got tired of the traffic situation but then, I lived in one of the more congested areas. My GF and I moved 40 miles north of S.A. and it's beautiful here ( the beginning of the hill country ). I think the real money to be made is in foreclosures because a lot of ARM's are slapping people in the face. If you can wait 5-7-10 years - invest in land. Good luck to you and come and enjoy our community for a while. I’ve lived in San Antonio for almost 60 years and I’ve seen a lot of
real estate booms and busts. A few things for you: I’m not saying
the flip market has topped out but it’s close to it. It’s there, but you
have to hunt for the good deals unless you want to spend a lot
to repair/upgrade the fixer uppers – there’s a lot of those to be had.
There are still a lot of new subdivision developements going up
and buyers are going there leaving a good supply of pre owned
homes. Rentals are commanding good dollars now and will for
quite a while – a lot of people just can’t afford the down pymt.
now. The real hot areas are north and south of S.A. but the west
is catching up fast – the east is more long term. San Antonio is
a nice place to live but we lost that small town feel 20 years ago
( sad to say ). I simply got tired of the traffic situation but then, I
lived in one of the more congested areas. My GF and I moved
40 miles north of S.A. and it’s beautiful here ( the beginning of the
hill country ). I think the real money to be made is in foreclosures
because a lot of ARM’s are slapping people in the face. If you can
wait 5-7-10 years – invest in land. Good luck to you and come and
enjoy our community for a while.

]]> http://www.flipthathouseblog.com/how-is-the-real-estate-market-in-san-antonio-im-looking-to-some-flipping-down-there.php/comment-page-1#comment-162 Thinks2Much Mon, 08 Sep 2008 15:17:17 +0000 http://www.flipthathouseblog.com/how-is-the-real-estate-market-in-san-antonio-im-looking-to-some-flipping-down-there.php#comment-162 I love San Antonio (wonderful place to live) , but it isn't a great real estate market with a lot of appreciation. You would have to do starter homes in the right part of town/ I love San Antonio (wonderful place to live) , but it isn’t a great real estate market with a lot of appreciation. You would have to do starter homes in the right part of town/

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