SAN ANTONIO (San Antonio Express-News) – At least four large Texas cities had increases in the number of home starts during third quarter 2011, according to the latest findings from housing research firm Metrostudy.
Home starts increased 30 percent over the same quarter last year in Austin, 20 percent in Houston, 6 percent in Dallas and 3 percent in San Antonio.
Jack Inselmann, vice president of the U.S. Central Division of Metrostudy, told the San Antonio Express-News that he expected Alamo City home starts to increase 15 to 20 percent during the quarter but also said “we’re in good shape.”
Currently, the area has 1,206 completed vacant homes on the market, down from 1,349 in the second quarter.