Although Texas has been affected by the lower prices in oil and energy, San Antonio is holding strong. This is mostly due to Eagle Ford Shale, which is supported in large part by the San Antonio metro. Within this area are the top four crude oil producing counties in Texas. Overall, the larger San Antonio energy firms are well-positioned to absorb lower prices.
On the northeast side of San Antonio is Fort Sam Houston is where all medical training for the U.S. Military (all branches) is completed. This area houses 27,000 military personnel, meaning demand for rental housing in the area will remain healthy due to revolving assignments.
Between the oil industry as well as the military personnel in the area, financial experts remain quite optimistic for the San Antonio region. HomeUnion’s team of data scientists has assembled a detailed report looking at the economy in the region, and why this is a good time to invest in SFRs in San Antonio.