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January 5, 2017 Comments Off on Texas Takes Tops in MPC Home Sales Views: 378 Texas News, Top Texas

Texas Takes Tops in MPC Home Sales

Texas accounted for the largest share of master-planned community (MPC) home sales in the United States in 2016. The Lone Star State had 38% of the top-selling MPCs, according to RCLCO’s 2016 MPC Survey. In 1990, Texas accounted for only 10% of the top-selling communities.

RCLCO, a strategic advisory firm, indicated that Texas’ high standing among MPCs is due to the fact that the state economy came out of the Great Recession more quickly than Arizona and Florida, two other states with top-selling communities. The Texas economy was also less impacted by the home price bubble prior to the recession.

Other reasons for the growth include the availability of land at reasonable prices, and an im-migration of people who are attracted to the weather, the location and the jobs.

Read More at Construction Dive

Read More at RCLCO

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