Investors are still buying San Antonio houses
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Institutional investors are still buying up houses in the San Antonio area and across Texas, even as their activity slows, according to ATTOM, a real estate data firm.
Why it matters: Investors often compete with first-time home buyers. While they have pulled back from the U.S. housing market in recent years, Texas remains a hotspot for them.
Between the lines: Investors want to see strong population and job growth, landlord-friendly regulations, affordability and long-term appreciation potential, ATTOM CEO Rob Barber previously told Axios.
- San Antonio typically fits the bill for all those factors.
By the numbers: 9.3% of San Antonio metro area houses sold in the first quarter of 2025 were bought by institutional investors, just up from 9.2% a year earlier, according to ATTOM.
- That's higher than the statewide share of 8.4% across Texas, which fell from 8.7% a year earlier.
The big picture: Institutional investor sales in Q1 fell to the lowest since 2020 nationwide — mirroring a broader housing slowdown — even as their share of total sales ticked up to 6.3% from 6.1% in the previous quarter, per ATTOM.
- Alabama's share was highest at 10.9%, while Maine's was lowest at 2.7%, among states with enough data.
What we're watching: In states like California, Minnesota and Oregon, investors are now offloading more homes than they're snatching up, Realtor.com reports.