By Katie Burke, Reporter- San Antonio Business Journal
SouthStar Communities’ Vintage Oaks master-planned development in New Braunfels helped contribute to record first-quarter financial results for the company.
SouthStar reported $5.1 million in retail lot sales for Vintage Oaks, which is the strongest figure it has seen since the community debuted in 2006. New home plan submittals for Vintage Oaks are up 53 percent over the same period last year, a sign that home sales in Vintage Oaks could continue at a healthy clip throughout the rest of 2015.
Vintage Oaks is the fastest-growing community in the San Antonio metropolitan area for the second year in a row within the $300,000-and-above price category, according to national housing market research firm Metrostudy.