San Antonio Luxury Real Estate is King in 2012
Posted by Richard Soto on
Who is set to have a stellar year in San Antonio in 2012? It looks like the luxury home sellers and builders are. According to the Houston Chronicle, luxury real estate numbers are outperforming other types of real estate sales. Custom builders see San Antonio in 2012 as a year to begin plans for a number of million-dollar spec homes. Real estate is picking up in San Antonio, but luxury real estate in San Antonio in 2012 will likely be the driving factor for San Antonio’s real estate market. Says James Gaines, a research economist for the Real Estate Center at Texas A&M University: “Who is the most recession-proof? High-income people who can more easily qualify for loans? Who can come up with more equity?”
Luxury Housing Median Rules
The San Antonio…
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