NE Houston Growth Sector

By
Real Estate Agent with EXIT REALTY SOLUTIONS

The NE Houston Growth sector continues it's expansion.  I know that it is difficult to get your arms around some of this because the current area of expansion is not where many would expect it.  The sprawl of metropolitan Houston continues to grow, thank goodness for all of us.  The HWY 59 corridor construction is nearly completed from Humble to Splendora and prices and sales reflect the same.

Here is a quote from last weeks East Montgomery County Observer Newspaperedward bachman realtor, kingwood tx homes for sale,porter tx homes for sale, New caney tx land for sale, splendora tx acreages

 

"The New Caney - Porter - Splendora area remans the county's strongest performer in closed sales, both in year to date increases (1.2%) and month to month (50%)

The year to date median price of homes jumped 7.5% to $148,400.  Year to date total dollar volume ($65 million) increased a similar percentage."

 

We also continue to experience more movement to our area from out of state due to the reasonably good job market.  I see a marked increase in inquiries and sales from people moving from the NW Houston area to the NE quadrant as more and more buyers are looking for an affordable rural setting.

This is exciting news for Kingwood, Humble, Atascocita and surrounding areas as everyone benefits from the development of these cities.

From the lap of luxury to the peace and serenity of the more rurual setting, give Edward a call!

Comments (5)

Susan Brown
Keller Williams NE, Kingwood Texas (Humble & Atascocita too) - Kingwood, TX

Edward, I would not have thought this area would be performing so strongly.  I'm thinking that Earth Quest is having some impact already.  I'm glad to see it!

Dec 08, 2009 03:36 AM
Edward Bachman
EXIT REALTY SOLUTIONS - Kingwood, TX
Your Kingwood TX Realtor

The Dino Park is causing some stir for sure and some pricing that is "speculative."  Liberty MotorSports Park is also making a difference.  It certainly remains to be seen what the end game will be but with you, I am very hopeful.

Dec 08, 2009 03:46 AM
Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

It's good to see that things are going well in the great state of Texas.

Jan 12, 2010 09:32 PM
Edward Bachman
EXIT REALTY SOLUTIONS - Kingwood, TX
Your Kingwood TX Realtor

Will, We are challenged as is the rest of the nation but not to the same level that is for sure.   We are thankful for the continued growth!

Jan 13, 2010 03:59 AM
Anonymous
Max Letni

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They left a good impression and I thought they gave me quality service.  Thanks for the great work, I appreciate it.

 

+Max Letni

Apr 23, 2010 01:41 AM
#5