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Real Estate Blog & Resources

Booming Job Growth in College Station Makes Home Buying Attractive

While the rest of country continues to wrestle with its unemployment rate, Texas steadily adds thousands of jobs. As the national average dipped from 6.2 to 5.4 percent year over year, Texas saw its unemployment rate decline from 5.2 to 4.2 percent, the Real Estate Center at Texas A&M University noted in its Monthly Review of the Texas Economy. Nowhere is this boom in job growth more noticeable than in the Bryan-College Station metropolitan area, where the unemployment rate sits at an enviable 3.2 percent.

2015 Real Estate Trends That Matter

What Real Estate Trends Will We See in 2015?

The housing market has been in recovery mode for the past two years and it appears we can expect the same to continue but at a slightly slower pace. In addition, predictions show the market could swing in favor of the buyer based on a stabilization after the upturn in the years following the bursting of the housing bubble. Brandon Cornett of the Home Buying Institute recently examined the top real estate trends projected for 2015.

Home Prices in 20 U.S. Cities Climb by Most Since June 2006

Residential real estate prices

For Second Month, Every State Has At Least One Improving Market

Seventy-five percent of the metropolitan areas tracked by the National Association of Home Builders (NAHB) for the NAHB/First American Improving Markets Index (IMI) are now listed as improving. A net gain of 15 markets joined the list in February with 34 markets...

Survey shows homeownership is still the American Dream

Compared to six months ago, nearly two times as many potential first-time homebuyers are optimistic about being able to put money down on a home over the next six months, according to JPMorgan Chase.

Top 10 Things First-Time Home Buyers Need to Know

Buying your first home is not something you (or anyone) should take lightly. You should be prepared with as much information about the process as you can learn before you begin. You should understand your real estate market and the current mortgage market. The more you know - the better.

2013 Real Estate Trends

SouthStar Communities, a residential real estate development company with master-planned properties throughout Texas, North Carolina, Georgia and Florida, reported solid growth in 2012 and expects to continue the trend in 2013.

Rental Increases Should Prompt More Home Buying Moves

Rent should continue to raise in 2013. The housing market never looked so attractive!

2013 Home Trends

In 2012 we saw major growth in the SouthStar Communities and in the national housing market. According to Forbes, we are in for continued growth in 2013. Below is a list of housing trends for 2013. If you’re thinking about buying, SouthStar Communities might be the place you pick for your new home!

 

  1. Baby Boomers – Middle range baby boomers and boomers still in their careers are making plans for retirement. With newfound freedom and time many are considering new homes. Boomers are preparing for life after the workforce by searching for the homes of their dreams in destination communities.
  2. New Families – On average, Americans are having children at an older age. Because of this, older parents are financially stable and able to buy homes when they have children.
  3. Foreclosures – The rate of foreclosures has decreased 10.2% from 2011. This means the market is a better place for all buyers.
  4. High Rental Rates – On average, a rental home is $1,044 monthly. When considering renting versus owning, Americans are choosing home ownership.
  5. Low Interest Rates – All is well for buyers because interest rates are low. Rates range from 2.6% to 4.5% in most communities around the United States.

Vintage Oaks Janurary Updates

South Star properties continue to expand and grow! Here are a few updates from our Vintage Oaks property.