By Beau Ryan, Senior Vice President & Chief Operating Officer
Among the numerous annual reports on real estate sales, growth and prices, one has really stood out showing just how important Texas real estate is to the overall national picture. John Burns Real Estate Consulting recently released its “Top 21 Master-Planned Communities of 2015” report in which Texas claimed eight of them.
These 14,100 Texas home sales represent a 12 percent increase over their 2014 figures. This strong growth is indicative of the continued demand for masterplans, which opens up a wide range of options for buyers such as retail and schools. The eight Texas master-planned communities are as follows:
Furthermore, the Texas Association of REALTORS® recently released its Texas Quarterly Housing Report for the fourth quarter of 2015. According to the report, Texas real estate had its best year ever in home sales. The full report can be found here.
The oil downturn is top of mind for the entire nation right now, but it’s great (and not surprising) to see that the Lone Star State is prevailing regardless of prices. Texas is much more than oil and there’s no better time to invest in Texas real estate. Email us if you’d like to learn more: firstname.lastname@example.org.