San Antonio has been rising at a rapidly clip over the previous numerous many years. Housing design hasn’t been ready to preserve up. As consequence, demand has outstripped source, which has made the metropolis a haven for out-of-point out residence flippers.
It also has created stunningly large household appraisals. Regional residence valuations have absent up much more than 23 p.c about the earlier 12 months, according to the Bexar Appraisal District. Those appraisals went out to local citizens final week and generated mixtures of shock, alarm and anger.