The Source: Chief Appraiser On Why Values Shot Up
As Bexar County homeowners open their annual appraisals, many are surprised at the jump in their property values.
Coming on the heels of last year's seven percent rise is this another hike of 11 percent. It has a lot of people talking and has even become a political talking point for candidates wrapping up this year's Mayoral race.
The county appraiser's office says it is just responding to the real rise in value across the city. There is a tightening housing stock, and a growing city is willing to pay more.
What should San Antonians expect going forward?
- Michael Amezquita, Chief Appraiser for the Bexar County Appraisal District