Real Estate Rankings
The San Antonio real estate market is hot — it's also one of the healthiest in America. A new study from WalletHub ranks the health of housing markets in 25 big U.S. metropolitan areas, and San Antonio is positioned near the top.
Wallethub analyzed metro areas based on 10 key metrics, from the interest rate on a first mortgage to the percentage of households that have received state or local assistance on their first housing loan. Based on the analysis, San Antonio has the third healthiest housing market in America.
Among the metros studied, San Antonio has the second lowest down payment percentage (13.71 percent). Sixty-two percent of San Antonio homeowners had a down payment of 0-10 percent, while 15 percent put down 11-20 percent. However, San Antonians pay high interest rates. The interest rate (5.24 percent) is above the national average of 4.71 percent.
Two other Texas cities are among the healthiest markets in the U.S. Austin ranks No. 6 overall, and Houston ranks No. 10.