| July 12, 2005 |
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Katy, Texas, offers good schools, lots of new homes, and an easy commute into Houston, say local Realtors.
Ahmed explains, "Katy is a very nice area to live in with affordable beautiful houses in all ranges still available for buyers.There are more houses to choose from as new communities are coming up and, of course, resale homes are also available. Buyers and sellers both have advantage of this due to the fact that Katy is rapidly growing but still the homes have their value. Most of the Katy area is filled with green trees lined along the roads and gives a very beautiful suburban like appeal. The interest rates are still low still they are affordable and with new master-planned communities coming up in this area there are still very good homes available with plenty of choices. With July here, the best homes are going fast.It is still a buyer's market since there are a lot of homes to choose from, and also new homes inventory has lot of choices and lots of incentives for the buyer still available although good homes are going very fast." About the market, Ahmed advises, "Total sales for single-family homes in Houston increased by 19.9 percent to 6,396 in May, up from last year's 5,334. In the first five months of 2005, 24,463 single-family homes sold, which was an 8.3 percent increase over the 22,579 homes sold during the same period in 2004. Existing single-family home sales increased almost 19 percent compared to May 2004."
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