According to a recent consulting firm report, home sales in master planned communities grew at a healthy pace in 2015. In particular, Houston master planned communities are, in particular, sticking out among the rest. In Houston, five planned communities made the list that was compiled by John Burns Real Estate Consulting, LLC (JBREC). Using data from a variety of sources, JBREC staffers reviewed information about more than 230 communities nationwide. They did not use confidential information from single builder communities. Texas had the greatest number of communities on the list, with eight; five of those are in Houston. The JBREC researchers noted that continued low oil prices and slowing economic growth remain concerns in Houston. They also pointed out tensions that may have delayed additional sales volume: lot shortages and delays associated with heavy rain and flooding earlier in 2015. The five Houston-area communities on the list, with their ranking, owner an...
- Five masterplanned communities in Houston ranked on a consulting firm's national list.
- Using data from a variety of sources, JBREC staffers reviewed information about more than 230 communities nationwide.
- The report suggests that Houston's sales were dampened by the local economy and poor weather in early 2015.