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 Newspaper
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"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!
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