Home and Land Buying Efforts Supporting Texas Veterans

When veterans return after doing a tour of duty overseas or on another base across the country, they are relieved and comforted when they hear the words, "Welcome home. " For some veterans, that means their childhood home with mom and dad or an apartment with their spouse. Many veterans, however, dream of becoming homeowners.

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Vintage Oaks is becoming a hot spot for new homebuilding for SouthStar

By Katie Burke, Reporter- San Antonio Business Journal

SouthStar Communities’ Vintage Oaks master-planned development in New Braunfels helped contribute to record first-quarter financial results for the company.

SouthStar reported $5.1 million in retail lot sales for Vintage Oaks, which is the strongest figure it has seen since the community debuted in 2006. New home plan submittals for Vintage Oaks are up 53 percent over the same period last year, a sign that home sales in Vintage Oaks could continue at a healthy clip throughout the rest of 2015.

Vintage Oaks is the fastest-growing community in the San Antonio metropolitan area for the second year in a row within the $300,000-and-above price category, according to national housing market research firm Metrostudy.

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Where Empty-Nesters Are Moving and What They're Looking For

In Texas, it's hard to believe things are that are bigger are not better. After their children have left the nest, however, empty-nesters often realize their house may be larger than they need and might seek a new home. Before taking the opportunity to move to new homes, home buyers should consider the location for the next big move in Texas and whether it will fit their desired lifestyle. 

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Where Former City Residents and Suburbanites in Texas Might Be Headed Next

With its high-impact economic growth and plenty of space to spread out, Texas has become a prime destination for people looking to move. Whether consumers are moving for a job or looking to settle down with their family, deciding between urban/suburban and rural spaces is a hot issue and a major factor in where new or long-time Texans choose to live. As home prices in cities rise, former city residents and suburbanites will head to rural areas that provide plenty of amenities for new homes in master planned communities.

Texas areas attracting new residents
​CNNMoney noted five Texas cities were ranked in the top 20 of all big metro areas in the U.S. for movers: Austin, Houston, San Antonio, Dallas and Fort Worth. These cities benefit from growth in both population and employment rates, which could increase demand for housing in these metro areas. Between 1990 and 2005, the state's population jumped 35 percent. The surge in population growth could result in higher purchase prices for new homes because of greater demand.

Master planned communities located outside metro areas like Austin offer amenities that appeal to all residents.

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5 Compelling Reasons to Invest in Texas Real Estate

With its low property prices and ample space for development, Texas is where investors are increasingly choosing to build new homes. From San Antonio to Austin to Houston, Texas is home to a variety of areas that are booming with job growth and real estate demand, making it a great place for investment.  

Here are five reasons to invest in Texas real estate:

1. Strong Economy Supports Housing Market
The state has a firm economic foundation that cultivates a healthy housing sector. The economy has strong job growth across the private sector and strong wage increases that help families save money to buy homes. Texas' gross domestic product - a measure of economic activity based on consumer and government spending, investment and net exports, reached 3.7 percent in 2013, outpacing the 1.8 percent growth for the rest of the U.S., according to the Texas Comptroller of Public Accounts. This solid economic growth is crucial to support sales in the housing market. 

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Builder Confidence Solid as Pent-up Demand for New Homes Grows

Although reports show national homebuilder confidence was down due to harsh weather in major U.S. regions, Texas is still a hot spot for new residential construction and development.

Builder outlook in the market for single-family homes dropped two points for February to a reading of 55, according to the National Association of Home Builders. The NAHB/Wells Fargo Housing Market Index, a measure of overall builder sentiment, shows builder confidence is still solid, said NAHB Chairman Tom Woods. An index reading above 50 indicates builders believe there are favorable conditions for the market for new homes in the single-family housing market.

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Texas Real Estate Trend in 2014: Bigger, New Homes More in Demand

Texas homebuyers were more likely to buy new homes compared to the rest of the nation in 2014, showing strong demand for residential construction that could trend into 2015, according to the Texas Association of Realtors. 

The 2015 Texas Homebuyers and Sellers Report found 28 percent of homes purchased in the state during the 12-month period ending in July 2014 were new homes. Despite the slight drop in the percentage of new home purchases in Texas, the state still sold almost double the amount of new homes compared to all U.S. home sales in the same period. 

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5 Features Retirees are Looking For From Their Master Planned Communities

Whether home buyers are in or nearing retirement, planning their next move is important to ensure they are ready for life after work. Rather than moving to a retirement home or a traditional urban neighborhood, retirees have a wide variety of options in master planned communities that welcome those in their golden years. With the influx of retirees choosing the Texas Hill Country as the location for their post-retirement home, master planned communities between San Antonio and Austin are capturing this audience as they resonate with the 5 features retirees are seeking:

1. Medical Care Nearby
As retirees search for homes, they will want to ensure they have easy access to the health care they need to maintain their well-being. About 84 percent of retirees want to have high-quality doctors and hospitals nearby when thinking about retirement, according to a study by the Harvard School of Public Health, National Public Radio and the Robert Wood Johnson Foundation. In addition to medical care, 77% of retirees view access to pharmacies or drug stores as important, the study stated.

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