Lennar Communities

Bellagio Village Builders in Houston, Texas

Sales in almost all housing markets were down again last year, and economists are predicting this year’s market isn’t going to see any improvement. But even in the midst of our national crisis, there is positive news to report.

Even with the majority of real estate markets feeling the economic crunch, there are many across the country that have not been affected as severely. An article by Builder Magazine analyzed these markets and compiled results based on several factors. According to the magazine, some of those factors include increased population and job growth, maintaining steady home values and the rate building permits. Also, the same was reported for each location: there wasn’t a drastic increase in pricing before the decline and they have managed to hold onto a more steady economy than others since then, therefore showing much greater results.

Out of the top 15 markets named in the article, Lennar builds new homes in 10 of them. Those homebuilding markets include (listed according to rank):

1. Houston, TX

2. Austin, TX

3. Fort Worth, TX

4. San Antonio, TX

5. Dallas, TX

6. Raleigh, NC

10. Washington D.C. (VA & MD)

12. Denver, CO

13. Charlotte, NC

15. Myrtle Beach, SC

These markets have outperformed others over the last four years and will most likely be the quickest to recover when the housing market rebounds.