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New Urbanism And Out-Of-State Buyers Are Transforming The Texas Coast 963 Views :: 1 Comments :: :: Gulf Coast, Market Analysis New urbanism developments and an influx of out-of-state buyers are transforming the Texas Coast. New urbanism is a highly successful new neighborhood development concept more typically seen in Florida and California, but now being implemented in all of the Texas coast real estate markets. This new way of living, described below, combined with the increasing number of second home buyers coming from all over the world is making the Texas coast into a europeanised Texas riviera. We are becoming one of the most sought after destinations in the world. A beautiful and safe ocean haven for anyone looking for a relaxed life style away from it all - but with all the amenities. The quality and affordability of our oceanfront real estate is the primary reason so many people from so many places are buying second homes or moving here. And the pace of our new construction, combined with our sound economy and growing population, is keeping our real estate values steadily appreciating in value. Why are we so strong when the rest of the country is having a real estate crisis? We don't have a sub-prime mortgage problem here: Our typical buyer is a baby boomer with solid finances, this is important, because we simply do not have the sub-prime loan problems that are behind the rest of the nation's housing woes and worries. Even in our major cities, we are avoiding issues with sub-prime mortgages because of our robust economic, job and population growth. We did not over-appreciate in value: In the not so recent past, we were looked at as a mediocre slowly-appreciating real estate market that was not growing at the explosive rates the rest of the major real estate markets were. But our appreciation rate is one that is steady and maintainable, while the other markets in the headline news simply appreciated so far beyond new construction costs and income growth, that they have become unaffordable. We have a strong and growing economic base: We have a growing population with increasing incomes and low unemployment; as-well as, money flowing into our economy from the results of the NAFTA trade agreement with Mexico, strong exports, proceeds related to the oil industry, and major funding for enhanced border security requirements, just to name a few. All roads now lead to the Texas Coast: We have record levels of interest right now in our affordable coastal areas and our numbers speak for themselves; yet, we still have some buyer hesitancy due to the news and confusion from the national housing problems. This has created a temporary situation where we have some great seller incentives on even our newest and greatest coastal properties. Today's real estate market on the Texas Gulf Coast is the best it's ever been. We have real demand for our coastal properties because they are on the beautiful oceanfront and bays of the Gulf of Mexico in one of the best year round climates safely located in the United States. We also have a growing interest in our area from second homes buyers from all over the world and our product is improving. Take a look at our coastal areas: the cities, the existing housing and the planned developments, they look great and are in the process of looking even better. Best of all, we're affordable! Read More at http://www.texasgulfcoastonline.com/NewUrbanism.aspx