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The Woodlands Continues To Attract Houston, Texas-area Homebuyers
by Blanche Evans
With new construction, attractive older homes, and quick access to a busy Houston, Texas airport, The Woodlands is a village concept with tree-trunk legs.
She says, "The Woodlands is nestled in the forest north of Houston and just minutes from Bush Intercontinental Airport. The Woodlands offers homes in virtually every style and price range, exemplary schools, plentiful recreation and a major employment center within the best-selling master-planned community in Texas."
They explain, "There is a great inventory of newly listed homes to choose from. It's a great time to be looking, and also the right time to have your home on the market. As interest rates rise, those last-minute buyers are jumping to find a home and get their interest rates locked in. "Houston area sales continue to shatter all-time high records, with June sales increased by 17.5 percent when compared to the same time last year. This is the highest number of sales ever recorded in the month of June. The other significant factor affecting market conditions in the Houston area is a record number of homes on the market. Buyers have plenty to choose from. Home values are rising with an increasing number of people turning to real estate as a tangible asset in which they can invest their money. Add low interest rates, and all of this contributes to record sales." The Smithertons continue, "This is an exciting time for The Woodlands as plans come together to create local jobs, an entertainment and tourism magnet, and maintain the hometown wooded environment homeowners know and love. The Woodlands has a proven track record of being the best-selling master-planned community in new home sales in Houston and Texas since 1990, and currently ranks fifth in the nation. In addition to new construction and Custom homes, pride of ownership really shines in the resale market with decks and pools commonly installed to enjoy the outdoor environment. The exclusive Woodlands gated community of Carlton Woods is growing in leaps and bounds, with a recent record of six new speculative homes purchased in one month ranging from $700,000 - over $2 million. Commercial construction in The Woodlands consistently represents more than 25 percent of all new office construction in the Houston area. The Woodlands Waterway adds shopping, entertainment, and travel opportunities to bring consumer dollars to the area. Luxury mid-rise urban residences on The Woodlands Waterway are available for carefree urban living in the heart of it all." About the future, the Smithertons predict, "Future plans to expand access through Woodlands Parkway to 2978 will add to demand for The Woodlands by allowing easy access to Magnolia and Northwest Houston from the western border of The Woodlands. A new area of The Woodlands called Terramont, with more than 650 homes, shopping centers including a Wal-mart, the 19th Woodlands Conroe ISD school, parks, and places of worship is now in development. In addition to the age-restricted community of Windsor Hills, Windsor Lakes is now under construction offering active adults aged 55+ a community environment with a full-service recreational clubhouse facility and exterior home maintenance provided by the homeowner's association." Click here to view current Market Conditions in your location. Published: August 13, 2004 Use of this article without permission is a violation of federal copyright laws. |
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30 Year Fixed: 3.83% 15 Year Fixed: 3.05% 1 Year Adj: 2.73% (U.S. Weekly Averages) Today's Headlines 08/13/2004
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