💥Just Listed in Boerne, TX! This exquisite 4 bed/4 bath ranch home sits on over 100 acres of stunning hill country. Complete with an in-ground pool, guest house, fenced arena, barn and more!
📲 Call 281-682-2555 for more information or to schedule a private showing.
💥Just Sold in Westland Creek! Congrats to our buyers and our awesome Buyer Specialist, Karla! Who’s next?! 😊
Not ready to buy a home yet? Our team will help you locate the perfect rental in the meantime. Our future-buyer just closed a lease on this beautiful 2-story home in Waterstone. This service is FREE to you! Call 281-682-2555 to get started.
Just Sold in Houston! Congratulations to our Buyers and our awesome Buyer Specialist, Karla Heath!
We rewarded this Hero-Teacher with $1,612.50 through Homes for Heroes with NO STRINGS ATTACHED! If you are an Active or Veteran Military Member, Firefighter, Law Enforcement Officer, Healthcare Worker/EMS or Teacher, work with us and you too will receive a check in the mail after closing. Call 281-682-2555 to learn more.
💥Another home sold in Richmond! Congrats to our awesome Buyer Specialist, Karla Heath and our clients. #JustSold #RichmondTX #CrossPG
We can help you find your dream home. It starts with one phone call! 
OFFER ACCEPTED on this lovely country home in Richmond! Congratulations to our wonderful Buyer Specialist, Karla and your buyers! #UnderContract #RichmondTX #CrossPG
Another home sold in Richmond, TX – A BRAND NEW Fairfield Collection ”Laurel” Plan by Lennar Homes. We have more inventory in the $215k-$240k price range!
With the real estate market booming in the Houston Area Market our office has begun to see a huge demand of buyers who are seeking out quality builders who build on YOUR own property and or looking for that special custom home.
Homes By David Powers has 35 Years of Building Experience with Outstanding Customer Service. They offer an In-House Architecture Department to Customize a Floorplan and Elevation to meet your custom needs. Their private design center and exclusive designer is there to work with you on all of your interior and exterior selections.
Our team’s past buyers who have the highest expectations of excellence in what they want in a home and who desire to work with a builder who uses the highest building standards available and the latest energy features, can’t say enough about Home By David Powers . Whether you choose them to build on your own lot or choose to build in one of their exclusive communities Homes By David Powers definitely will exceed your expectations.
If you need any further assistance in choosing a top builder in the Houston area. please don’t hesitate to let our team at Candice and Associates know.
We have many outstanding communities slated for the future! Take a look at future development here in the Katy/Richmond/Fulshear, Texas area.
I’d like to invite you to an OPEN HOUSE located in one of Richmond’s most Premier communities, Lakes of Bella Terra! Today’s property, 10915 Menaggio Court, in Richmond, TX, will be today’s featured OPEN HOUSE. This gorgeous home boasts countless upgrades, 5 spacious bedrooms, lavish gourmet kitchen, in house sauna,study, game room, resort-style pool and much more.
I’m looking forward to seeing you all there!
I’d like to thank all my clients for a fabulous year in Real Estate in the Katy and Richmond areas. It has been a privilege to assist you with the purchase or Sale of your home. We are truly blessed and wish all of you a very Happy New Year for 2014.
We are looking forward to Bringing Luxury Home for 2014 to Katy and the Richmond areas!
We are seeing many new home developments pop up between Katy and Sealy. This growth is leading to talk about expanding our highway systems to allow for the increase in traffic. The Texas Department of Transportation has begun preliminary planning for 2 additional lanes on each side of I-10, which would begin at Highway 6 and end in Sealy. Before these plans go any further, funding and public feedback will be needed. As soon as we receive additional information on this development we’ll pass it on.
By being a Katy, Texas, Realtor, my team and I have the privilege of working with many buyers relocating to the Houston area from not only all throughout the United States but worldwide. Do you know what drives these buyers to Katy? The number one priority on a buyers mind is SCHOOLS. This isn’t just a top priority of families moving to Katy, Texas. Overall, the majority of buyers whether they have kids or not see the importance in living a community with award winning educational facilities and educators. Katy’s premier schools go hand in hand with a safe community and a booming economy, and as you know this helps to keep property values high.
On November 5th, Katy Voters will decide on the Katy ISD Bond. This is a $99 million dollar proposal which would fund an agriculture complex, STEM Center, and a new stadium. If this bond passes, the tax rate will not increase for Katy Tax Payers. In short, Katy’s growth and the new revenues that have come from this, make any tax increase unnecessary.
Home sales and prices soar again as inventory shrinks
HOUSTON — (October 15, 2013) — If the Houston real estate market were a car, it would be fair to say its driver had the pedal to the metal. September sped its way into the history books as the 28th consecutive month of positive home sales, and there still is no let-up in sight. The pace of home buying drove months of inventory down to 3.2 months compared to 4.7 months at this time last year.
Home sales soared 23.5 percent year-over-year, with contracts closing on 6,168 single-family homes, according to the newest monthly report prepared by the Houston Association of REALTORS®. That is the lowest one-month sales volume since March and follows four months in a row of home sales that exceeded 7,000 units.
The median price of a single-family home—the figure at which half the homes sold for more and half for less—rose 10.2 percent to $181,750. The average price increased 13.1 percent year-over-year to $248,256. Both figures represent the highest prices for a September in Houston.
As we have observed for the past several months, September brought gains to all housing segments except the under-$80,000 market. Homes selling from $250,000 through the millions scored the greatest increase in sales volume.
“Houston continues to benefit from a confluence of very positive economic forces: strong job growth, low interest rates and reasonable home prices compared to other parts of the country,” said HAR Chairman Danny Frank with Coldwell Banker, United REALTORS®. “Home prices have steadily risen all year and I’m often asked if our market risks experiencing a bubble. That only becomes a possibility if we don’t soon see a reversal in our shrinking inventory of homes – the fundamental concept of supply and demand.”
The latest Texas Workforce Commission’s report indicated that nearly 81,000 net new jobs had been added to the Houston metropolitan area over the past year, representing 3.0 percent growth in local employment.
Foreclosure property sales reported in the HAR Multiple Listing Service (MLS) declined 45.0 percent compared to September 2012. Foreclosures currently make up just 7.4 percent of all property sales, down from 19.6 percent at the beginning of the year. The median price of foreclosures rose 6.6 percent to $87,450.
September sales of all property types in totaled 7,466, a 25.7 percent increase over the same month last year. Total dollar volume for properties sold shot up 40.2 percent to $1.75 billion versus $1.25 billion a year earlier.
Houston’s real estate market enjoyed across-the-board gains in September when comparing sales to September 2012. On a year-over-year basis, total property sales, total dollar volume and average and median pricing all rose.
Month-end pending sales totaled 3,563, a 1.5 percent gain over last year and the same rate of increase the market saw in August. As HAR reported last month, while pending sales typically serve as a bellwether of the following month’s sales activity, this statistic apparently reflects the unprecedented pace of home sales that has kept many transactions from ever attaining “pending” status. Active listings, or the number of available properties, at the end of September declined 17.5 percent to 32,457.
Houston’s inventory of available homes dipped from 3.3 months in August to 3.2 months in September, down from the year-ago level of 4.7 months of inventory. The inventory of single-family homes across the United States currently stands at 4.9 months, according to the latest report from the National Association of REALTORS® (NAR).
| CATEGORIES | SEPTEMBER 2012 | SEPTEMBER 2013 | CHANGE |
| Total property sales | 5,938 | 7,466 | 25.7% |
| Total dollar volume | $1,252,155,307 | $1,755,591,725 | 40.2% |
| Total active listings | 39,319 | 32,457 | -17.5% |
| Total pending sales | 3,483 | 3,563 | 1.5% |
| Single-family home sales | 4,995 | 6,168 | 23.5% |
| Single-family average sales price | $219,480 | $248,256 | 13.1% |
| Single-family median sales price | $164,800 | $181,570 | 10.2% |
| Months inventory* | 4.7 | 3.2 | -32.0% |
September sales of single-family homes in Houston totaled 6,168, up 23.5 percent from September 2012. That marks the 28th consecutive monthly increase.
Home prices achieved the highest levels ever recorded in Houston for a September. The single-family median price rose 10.2 percent from last year to $181,570 and the average price climbed 13.1 percent year-over-year to $248,256.
Broken out by housing segment, September sales performed as follows:
HAR also breaks out the sales performance of existing single-family homes throughout the Houston market. In September 2013, existing home sales totaled 5,348, a 26.4 percent increase from the same month last year. The average sales price rose 13.4 percent year-over-year to $234,321 while the median sales price rose 11.1 percent to $170,000.
September sales of townhouses and condominiums shot up 42.2 percent from one year earlier. A total of 586 units sold last month compared to 412 properties in September 2012. The average price rose 6.4 percent to $181,532 while the median price was flat at $137,540. Months inventory was 3.1 months versus 5.3 months in September 2012.
Houston’s lease property market grew further in September. Rentals of single-family homes rose 15.9 percent compared to September 2012 while year-over-year townhouse/condominium rentals were flat. The average rent of a townhouse/condominium reached an historic high of $1,519 while single-family average rent slipped from its record high of $1,747 last month to $1,700.
Yesterday we had a huge turn out for our Lakes of Bella Terra Broker’s Open event! We had 3 gorgeous properties to tour, 10915 Menaggio Court, 11115 Monte Rosa Court, and 11527 Abriola Ct. in Richmond, TX. These are three beautiful homes, in move in condition that you don’t want to miss out on if you’re looking to buy in the Katy/Richmond area. They feature a Premier Resort Style Community, award winning schools, and direct access to major highway systems! If you weren’t able to attend this event, please let us know so I can set up a private tour for you.