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San Antonio's housing market is finally cooling down, but that's causing some major headaches for city officials. They're bracing for a potential drop in tax revenue, which could force some big changes to how the city handles housing policy.
At a glance
Rising — being discussed more frequently. 1 mention in the last 30 days.
If property values dip, the city will have less tax money to spend on public services and infrastructure.
Potential homebuyers might finally see prices level off or become more affordable after years of record-high costs.
Current homeowners might see their property values stagnate, and the city government faces a tighter budget.
Rents have fallen in San Antonio. Estimates range between a 2% and 3.5% drop compared to previous years and experts agree that it’s a good time to be a renter. A development boom at the beginning of the decade ...
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Softening housing market sends San Antonio and Bexar County scrambling KSAT