Recent Economic Updates for San Antonio, TX include:
Toyota is resuming production on its Tundra line in San Antonio November 10. Toyota Motor Manufacturing’s 2000 workers at the plant will open 1 of 2 production lines, while continuing to work on improvement projects and training. Production had been halted in August, and it is hoped that by Spring ’09 both production lines will be open again.
A somewhat healthy economic climate in San Antonio has allowed this area to continue to show opportunity for the multifamily investor. Although slowed from the heady days of 2006-7, the Q3 ’08 results showed 13 multi-family properties sold; up from 3 in Q2. These properties are largely located in the N-NW sector of the city.
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