Industry News

1,800 Companies Left California In a Year - With Most Bound for Texas

Original Source : Bill Hethcock, Dallas Business Journal

A record number of companies are leaving California for states with a better business climate, and a new report shows that Texas remains their No. 1 destination.

The study estimates that 1,800 relocation or "disinvestment events" occurred in 2016, the most recent year available, setting a record yearly high going back to 2008. About 13,000 companies left the state during that nine-year period.

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Two SouthStar communities in San Antonio area among top 10 bestsellers

Continuing the strong sales pace that has made each community the fastest-growing offering in its area, developer SouthStar Communities saw two of its communities in the top 10 best-selling communities in the San Antonio MSA for the third quarter, according to Metrostudy’s San Antonio 3Q18 Housing Report. Vintage Oaks, a 3,900-acre masterplanned community in New Braunfels, was No. 3 on the list and Mission del Lago in South San Antonio was No. 10.

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