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REGISTER REAL ESTATE ADVISORS
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New Generation, New Homes
MAY
29

HOUSTON (Houston Chronicle)
– Centex will open a development this summer featuring 208 homes with
prices starting in the $90,000s.

Parkside will be at Airport Rd. and SH 288 near the Houston Amateur Sports
Park.

First-time homebuyers are the target market for this development.

“A 95 percent occupancy rate in Class-A apartments in the Parkside area
demonstrates the need for new home construction for the first-time buyer,”
said Scott Sim, vice president of sales for Centex in Houston. “With
the accessibility to a variety of employment, recreation and transportation
corridors, we expect a lot of buyers coming from apartments, especially those
from Gen-X and Gen-Y generations.”


"New Generation, New Homes" was originally posted as a blog post at RREA.com on May 28, 2011.

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