AUSTIN, Texas--(EON: Enhanced Online News)--Austin-based SouthStar Communities announced today that Vintage Oaks in New Braunfels has continued its record setting pace for 2013 with another banner quarter. Vintage Oaks third quarter sales were tripled over the same time period in 2011 and 2012 and over 100 homesites have been sold year to date. Twenty percent of 2013 sales came from owner referrals, an extremely high percentage for the housing industry.
“The demand for more land sales and new communities continues to rise and Vintage Oaks has beautiful home sites and the luxury amenities homebuyers are seeking.”
"Based on the year to date sales numbers for Vintage Oaks, it is currently trending as the fastest growing community in the Hill Country," said Randall Allsup, Regional Director with Metrostudy, a national housing market research firm. "The demand for more land sales and new communities continues to rise and Vintage Oaks has beautiful home sites and the luxury amenities homebuyers are seeking."
The strong sales at Vintage Oaks have resulted in SouthStar introducing three new neighborhoods to respond to customer demand. Silver Oaks features one to two-acre homesites with towering heritage oak trees and a parcel set-aside for the Comal County ISD school system. Vineyard Ranch features five to 14-acre ranch estates. In addition, SouthStar is also introducing home-lot packages to address the growing need for a quick move-in with its new neighborhood, The Reserve.
“Vintage Oaks is just a picturesque piece of land that showcases the best of the Hill Country,” said Thad Rutherford, Senior Vice President of SouthStar Communities. “We are pleased with the strong sales and continue to anticipate more growth in the South Texas market. Our happy customers are the best marketing tool we have and that certainly speaks volumes.”
The 3,300-acre master-planned community features both gated and non-gated neighborhoods with a resort-style atmosphere including an expansive clubhouse, two swimming pools, a lazy river and tots pool and playground. The community also boasts new amenities added this year to include neighborhood parks, athletic fields, tennis courts and miles of nature trails to enjoy the spectacular natural landscape. Conveniently located in New Braunfels, TX, Vintage Oaks is within easy commuting distance to San Antonio and Austin, yet is serenely tucked into the Hill Country.
For more information on homes and homesites at Vintage Oaks, visit www.vintageoakstexas.com.
About SouthStar Communities
SouthStar Communities is a fully integrated real estate investment, development and management firm focused on the residential marketplace. Based in Austin, Texas, SouthStar has been creating healthy communities and a legacy of success throughout the Southern United States for a generation. Since its inception in 1999, SouthStar has acquired and developed residential assets valued in excess of $2.5 billion. The company continues to seek opportunities to leverage its experienced team and processes to deliver great experiences for owners and strong financial results for its portfolio partners. For more information, visit www.southstarcommunities.com.