The Texas Gulf Coast is fast becoming a mecca for retirees and second home owners interested in "affordable" beach living. As Texas real estate prices and population growth increase, affordability is a key issue throughout our state.
According to KHOU.com, "Bruce and Debbie
Reinhart, whose company, Kahala Development, is also responsible for
Beachside Village, are working with national builder David Weekly Homes
to finish developing one of the area’s oldest subdivisions". Looks like 23 homes will be completed.
You may remember that David Weekley created the affordable homes at the Mueller Austin redevelopment in East Austin that looked the same as the market-rate homes on the outside. They seem to be onto something, so perhaps other builders will follow suit.
Here's a question for you...As the Gulf Coast becomes a popular retirement and second home buyers, is it bound to become similar to the East and West Coasts?
Cities like Austin and Dallas have long struggled with affordability. Envision Central Texas is even hosting a forum on October 19th called "From Boom to BEST? The Future of Central Texas". Topics include fostering walkable development, transit, sustainability in times of booming growth and the impact of mixed-use development on housing prices and affordability.
Read the full story Affordable housing planned on Galveston's West End. Take a look at the Envision Central Texas website for more information on future growth.
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