Luis Ortiz has proven to be a firecracker agent on Bravo's "Million Dollar Listing New York," and now he's sounding off on what he sees as a sound investment as far as luxury markets go: San Antonio, Texas.
In an interview with Katie Bourke of the San Antonio Business Journal, Luis remarked the following:
Is San Antonio a main area to attract out-of-state investors, and will those investments be concentrated in the luxury market?
Yes. In places like this, the luxury market always does well because of the perception that everyone loves to invest. Emotionally, the word luxury property always has value.
[Read the rest of his interview over at the Alamo City Beat]
Though his analysis is more from-the-hip than any normal investor would like, San Antonio does seem to have a few things going for it at the very least:
Do you think San Antonio will become a major luxury market? Chime in below!