keller williams: The Greater Houston Area
- 03/03/14 11:30 AM
In a recent interview with Fred Welch, the vice president of regional economic development for the Greater Houston Partnership, 2014 was determined to be a strong year for Houston's real estate. "Our job forecast is down slightly from 2013 to slightly under 70,000 net new jobs in the region vs. 76,000 in 2013, but it still points to a strong local economy driven by our pillars of strength in energy, logistics and manufacturing." "The office market (corporate headquarters, financial services and back office support) will be robust in 2014. We have not yet overbuilt in the markets and sub-markets that (0 comments)
keller williams: 5 Always Applicable Tips When Searching for a New Home
- 02/24/14 11:25 AM
As is common with any market, the real estate market has its highs and lows. And during the financial crisis that the rest of the country was facing, the Texas real estate market boomed. But a booming market can only stay at an excessive peak for so long. 2013 showed high demand for real estate in Texas, shortening inventory and appealing to sellers across the state. However, 2014 is predicted to slow from its manic pace to a more normal selling market rate, despite climbing interest rates and home values. A more 'normal pace' does not necessarily mean a worse (0 comments)
keller williams: The Woodlands and Magnolia Real Estate Statistics for January 2014
- 02/17/14 02:42 AM
All statistics point to very little inventory and in most cases a seller's market. In The Woodlands with only 353 homes on the market and 335 homes either under contract or sold last month, it's clear to see the need for more homes to sell. Magnolia, although not as strong a market, is still doing great and in a seller's market in most price ranges. There are new neighborhoods popping up all around the area, but not enough or quickly enough for the demand. If you are considering selling, now is the time to get your house on the market. The buyer (0 comments)
keller williams: December 2013 Market Watch Statistics for The Woodlands and Magnolia
- 01/08/14 10:30 AM
The market remains very strong in The Woodlands. Magnolia is also showing a strong market with price bands under $600,000 in a seller's market. Homes with pools continue to be a stronger draw than homes without pools as far as inventory turn is concerned. There are 4x as many homes without pools that are still in a seller's market. Over 2M is where it still is a buyer's market - take into consideration there are 28 homes over 2M in The Woodlands available to sell. If you are interested in selling your home and/or buying a new one, please contact me (0 comments)
keller williams: Booming Economy Leads to Increase in Million Dollar Homes
- 12/12/13 06:34 AM
The Village of Indian Springs holds The Woodlands Reserve where the Frankel Building Group plans to construct 55 homes with prices starting around $1 million. The demand for homes at this price are increasing as the economic boom affects the Houston/Woodlands area. Compared to 2012, people have purchased 62% more homes, specifically 110 houses, within the seven figure price range this year according to the Houston Association of Realtors. "At the risk of jinxing it, it's a golden age for The Woodlands," said Kevin Frankel, vice president of Frankel Building Group, a Houston family-owned custom home building business that has (0 comments)
keller williams: Leveling Out the Playing Field
- 12/11/13 10:42 AM
According to the National Association of Realtors, median home prices are expected to rise only 6% next year compared to last year's 11%. Home sales are predicted to hold steady in 2014, but due to a low supply of houses in the market, prices will continue to rise. This plateau-ing of home sales is the first reversal since 2011, when sales were on the rise. Lawrence Yun, the trade group's chief economist at the NAR annual conference, explained that the lack of income growth, higher home prices, and rising interest rates will effect sales. As it is, the existing home (1 comments)
keller williams: The Moving Cycle
- 12/11/13 06:40 AM
Moving is a typical part of life. Many people move for occupational reasons but there are other motivational factors for Americans to uproot their lives. The search for lower taxes, cheaper housing, and similar communities also lead people to find new homes. These shifts affect the economy and political organization. That’s the argument in Shaping Our Nation, the latest book from political historian Michael Barone of the American Enterprise Institute and the Washington Examiner, who also-co-authors the biennial Almanac of American Politics. Barone goes on to site various nightmare versus dream cities in Shaping Our Nation. Nightmare cities include Detroit, (0 comments)
keller williams: Springtime for Springwoods Village
- 12/11/13 04:07 AM
While it may seem like ExxonMobil has recently made the decision to move to the quickly thriving Woodlands area, the developer for the 1,800 acres of land has been waiting since 1961 for the opportunity. “[ExxonMobil] saw this giant piece of land on I-45 with nothing on it and eventually got to us and said they were interested in the location,” the Coventry Development Corporation Executive Vice President Keith Simon said. “But they were concerned that there was no infrastructure, no master plan, no nothing, and so what can we do?” The CDC whipped together a plan that convinced ExxonMobil (0 comments)
keller williams: How to Find the Right Agent
- 11/17/13 06:54 AM
There's a lot of pressure in selling a home. Most people look for help with their local real estate agents, people who know the business and are familiar with the process. Looking for local, experienced help is always smart, but you also need to know where to look for a reputable agent who will do the best for you and your home. Here are some important steps in looking for that right agent. Ask Someone You Know. Looking to friends and family for their experiences in the market with particular agents can get you pointed in the right direction. Most (2 comments)
keller williams: The Woodlands and Magnolia Market Watch Statistics October 2013
- 11/04/13 04:08 AM
The Woodlands residential market continues to be strong and from everyone we hear from, it will remain so for sometime. In The Woodlands all price points continue in a sellers market except for homes over the 2 million price range. Homes with pools in the higher price ranges are also seeing slower sales. What we hear from buyers is that when the homes are higher priced, they expect a pool already built for those homes. Now is the time to buy if you are considering it. We are hearing about higher price interest rates around the corner. Although it has been a (0 comments)
keller williams: The Woodlands and Magnolia Real Estate Market News - September 2013
- 10/17/13 08:49 AM
No secret to anyone that the real estate market in The Woodlands and surrounding areas continue to be very hot! The numbers below represent The Woodlands housing market overall. The numbers remain strong with double digit increases over last year and double digit decreases for number of days on the market from last year. The document showing months of inventory by price band in The Woodlands shows that all price ranges show it is a seller's market (except for homes over $2M). Magnolia is also in a seller's market in the average to lower price bands. This is still a great (2 comments)
keller williams: Making a Grand Entrance
- 07/16/13 05:41 AM
Houston is about to make headway on its newest amusement park, Grand Texas Theme Park. The park will be located in northeast Houston and covers 640 acres of ground off of Highway 59 and FM 242. Chuck Hendrix, CEO of Innovative Leisure Partners LP and former general manager of Astroworld says that construction will begin this fall and phase one should finish up in 2015. Grand Texas will consist of a water park, dining facilities, retail amenities, and an upscale RV resort (which includes 20.2 acres of land that has been sold to a third party). Monty Galland, an investor (0 comments)
keller williams: Making your home appealing for today's seller's market
- 07/10/13 12:20 PM
If you've been keeping up with the past blogs and articles, you'll remember that we are definitely in a seller's market. Housing inventory is low, putting more emphasis on that high demand for new homes, especially in the Houston/Woodlands area. So while you have the advantage in selling a house, here are six more tips to help you acquire the best deal on your real estate with the most efficiency: Be Unique; Stand Out! Customizing your home to make it stand out in a buyer's mind is always a good idea. Improving the aesthetics can include, but is not limited (0 comments)
The Woodlands has most definitely stepped up its game in the past decade. When the recession hit, The Woodlands blew right past the economic hurt, continuing to grow and flourish. Today, The Woodlands is the third master planned community in the United States. Especially with the Exxon Mobil "campus" headquarters relocating to what used to be our small suburbia, the diversity and population growth has skyrocketed and further encourages enlargement of our already booming real estate industry. Not surprisingly, the increase in population means a decrease in the supply of housing options. Welcome to the Seller's Market! A quick (2 comments)
2013. Carpe Diem. No day but today. No time but now. Ads and trends are constantly focused on selling you things NOW by convincing you that now is the only time to buy. What isn't an exception to the rule? The housing market. So, sit back, relax, and PAY attention to exactly what you should be asking when it comes to shopping for homes and getting the best bang for your buck. Is this the right right now? No matter what the market looks like, or what the media is trying to sell you, your personal life should (0 comments)
We are committed to finding the home for you, in the community you deserve. Our premium service is here to assist you with the buying or selling of your next home. Our clients sell and buy all price point homes in The Woodlands, Magnolia, Lake Conroe and Spring. Whether a Relocation, luxury home, first time home buyer or a 55+ buyer/seller, we will find and negotiate the perfect home for you. If we do not service your area, we will find the expert that will.