Real Estate Blog & Resources

Original Source : Bill Hethcock, Dallas Business Journal

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.

Chalk up another impressive accolade for the Texas economy. The state has just been named CNBC's Top State for Business in America for 2018. “Riding the rising tide of energy prices — and the job growth that goes with it — Texas lands the top spot in CNBC's 2018 America’s Top States for Business rankings,” they said. The distinction “is familiar territory for the Lone Star State, which becomes the first four-time winner in our annual study, now in its 12th year.”

If it seems like Texas dominates every time a new “Best of” list comes out, it’s because it does. Texas occupies 20 spots on U.S. News and World Report's new list of the 125 Best places to live in America. “Austin ranks No. 1 for the second year running, and San Antonio clocks in at number 14 on the list,” said KSAT. The two cities are not only some of the best places to live in Texas, but across the country.

 

It has been a decade since the real estate crash and while it took a few years to start bouncing back across the country, Realtor.com reports that “the boom times are back.” But, before anyone starts to worry about the “what goes up must come down” principle, the real estate authority offers that conditions are “way different” now, especially when it comes to Texas real estate.