San Antonio, Texas is a top tourist destination, so why shouldn’t it be a top retirement hot-spot? Well it is, actually. According to MSN Money, San Antonio ranks 6th on their list of 7 recession-proof places to retire and Retirement Overseas as one of the best cities in the U.S. to call home after retirement. Add to that a top 15 rating in the 2007 edition of CNN Money’s “Best Neighborhoods to Retire” and you’ve got a real winner in San Antonio, Texas . That said here are the top seven reasons for retiring in the seventh largest city in the U.S.
#7. Small town feel – San Antonio is a big city with well over a million people, yet it still maintains the charm of a small town. It offers all of the conveniences of a major city, including great shopping, restaurants, hospitals, colleges, nightlife, but you still feel like you know everyone. It’s a friendly town where everyone wants to know your name, if they don’t already.
San Antonio Riverwalk
#6. Close to vacation hot-spots – San Antonio is a vacation hot-spot, so there is always something to do. You can visit the downtown area right on the San Antonio Riverwalk or take in the many sites such as the Alamo, the Missions, Sea World, or the beautiful Hill Country. In just a couple hours, you can take in some sunshine on the beautiful Texas coast.
#5. Military town – Being a military town often attracts a wide range of people from all over the country, and even all over the world. San Antonio is not
just home to active military, but many come back to call it home and retire here. There are several military bases in San Antonio and the base services that are available help those who have served our country feel right at home.
#4. Mild winters – The term “Winter Texan” is often used to describe many from the North who call South Texas their home during the winter. But why not live here year round? Summer temperatures in New York and Washington D.C. have been hotter than San Antonio summer temperatures this year.
San Antonio offers a mild climate all year long.
#3. Stable and good housing market – While much of the rest of the country has seen a real slump in the housing market, San Antonio has weathered the storm quite nicely. The San Antonio market is not as volatile, and so the extreme shifts were not seen. Though the market has slowed in reaction to the economy, it’s still pretty healthy and has an excellent forecast with several neighborhoods in town seeing as much as a 10% increase in price!
#2. Great hospital and medical facilities
– In retirement it’s nice to be close to facilities that can take care of you in case something happens. San Antonio offers an amazing medical center, a medical school (UT Health Science Center) and a growing suburban hospital sprawl. Several parts of town now have full service hospitals, doctors’ office complexes, testing facilities and a whole range of convenient medical facilities.
#1. Low cost of living – The best reason
to retire and call San Antonio home is the low cost of living. A more reasonable housing market along with good utility and grocery rates make it the ideal place to live large and enjoy your retirement without having to worry about pinching pennies.
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The shrinking values seem to be consistent with the recession-based conditions that have plagued most of the country. An increase in foreclosures and a slowing housing market seem to be the main causes for the decline.