Real Estate Development by MadeInSATX.com http://satxforums.com/madeinsatx/mttf/real-estate-development Thu, 19 Nov 2009 19:38:42 +0000 http://wordpress.org/?v=2.8.6 en hourly 1 San Antonio # 2 in the nation http://satxforums.com/madeinsatx/mttf/real-estate-development/san-antonio-2-in-the-nation/ http://satxforums.com/madeinsatx/mttf/real-estate-development/san-antonio-2-in-the-nation/#comments Wed, 18 Nov 2009 20:54:20 +0000 alan editor http://satxforums.com/madeinsatx/mttf/real-estate-development/?p=32 San Antonio, the second-largest city in Texas and the site of the battle of the Alamo, has one of the strongest job markets in the nation.

Construction, which slowed during the recession, remains relatively robust, in part because of a new JW Marriott a Caterpillar plant now under construction, as well as school, hospital and military projects. Employment in San Antonio peaked in the second quarter of last year. Gross metropolitan product in the second quarter was down just 0.8% from the peak in the third quarter of 2008. Home prices grew 3.1% in the second quarter compared with the same period a year earlier. And the unemployment rate in June was 6.9%, up 2 points from a year earlier.

Job growth (since peak) rank: 3
Gross Metro Product (since peak) rank: 5
Unemployment change (year over year) rank: 4
Home price change (year over year) rank: 10

Check the entire article furnished by MSN and BusinessWeek

http://realestate.msn.com/slideshow.aspx?cp-documentid=22435529&GT1=35000:#2

Read the entire MSN / BusinessWeek article HERE.

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