San Angelo Market Meltdown? No Way!
January 8th, 2008Real Estate Market, San Angelo Real Estate Talk To MeOf course everyone in the housing industry is watching the national news and wondering if the negative reports that we see daily are having an impact on the San Angelo real estate market. The answer is no. San Angelo is still and for the foreseeable future will continue to be a strong market.
Why? I believe the answers are multi-faceted. Goodfellow Air Force Base, with its unique missions, is a boost to the economy. Angelo State University is growing. More students means more faculty and support staff are needed to manage, educate and support them. Students (often thru their parents ) and faculty members buy houses.San Angelo has also been identified by smart people who live elsewhere as a great place to live.
(This is something that we knew anyway, but we are to see it affirmed. )
Yet one more positive force for growth here is the oil business. Whether we like $3.00 gasoline or not, in many ways San Angelo’s economy benefits from high gasoline prices.
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