Residential Housing Market Growing in Branson

Published 12/20 2013 06:31PM

Updated 12/20 2013 06:34PM

Changing demographics could mean more room for growth in Branson's housing market.

The City of Branson granted more residential permits this year than the three previous years combined.

Several large apartment and residential developments began construction this year, including a new elderly living facility on the Branson hills parkway.

The company building them says Branson is becoming an attractive destination for elderly residents and is responding to market demands.

"The markets in Branson is going to be hard to predict," said Rick Huffman, the CEO of HCW Developments, "Our company's belief is that most of the growth that will come in the area in the future is probably retirement."

But city officials say there is room for more affordable family housing as well. more than 160 of the permits filed this year were for multifamily units...

Joel Hornickel, the city's interim director of planning and development points out that people are starting to commute to Branson for work...which could lead to more housing growth in the future.

"We believe we're a community that has a lot to offer," Hornickel said. "For people working here, we want to make it an attractive place to raise their families.

Copyright 2015 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Featured Coupon