Friday, October 24, 2008

Rated Top Again!

Forbes picks S.A. as top Spot – again !

San Antonio Express – News October 19, 2008 Section D

“You may all go to hell and I will go to Texas,” Davy Crockett once said.

This week, Fortune magazine gave pretty much the same advice for residential real estate.Forbes has named San Antonio and Austin as the top two cities in which to hunker down and to ride out the nation’s financial storm.It also recommended Dallas and Houston as among the top 10 cities with affordable housing and job growth, where a homeowner’s money goes far and homesaren’t likely to fall in value.Forbes noted that Texas is doing well thanks to energy, technology and growth in manufacturing.And the magazine also said San Antonio’s military bases continue to draw military personnel and government workers to the city.

Cities that Fortune says to avoid during the nation’s financial crisis: Los Angeles; Providence, RI; New Orleans; Philadelphia; and Cleveland.---Jennifer Hiller