The above graph was introduced by Jim Gaines of the Real Estate Center at Texas A&M University at a presentation to Montgomery County Realtors. The sales curve of Montgomery County should be the envy of most other counties in the United States. The emphasis is on the word curve versus jagged peaks and valleys.

Our market will return to normal levels of home sales beginning in 2010. The top-of-the-curve years 2005, 2006, and 2007 represented the burst of new construction when lots were plentiful for development. Also, beginning in 2010, our home values will get a boost due to lack of incentive competition from new construction homebuilders.

The one exception is Creekside Park where new construction continues to complete the available lots in the village. Quick rule-of-thumb for potential buyers in Creekside Park: If you plan to buy and sell within 1-3 years, you will be competing with the same new construction incentives that you received when purchasing your home.

Data Source: Real Estate Center at Texas A&M University
Source

Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.

The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau and Realtor.org reports, videos, key market indicators and real estate sales statistics, a video message by a nationally recognized economist, maps, mortgage rates and calculators, consumer articles, plus local neighborhood information and more.

Please click here to view the FEBRUARY-2010 Housing Trends eNewsletter.

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Source:HAR

The under $300,000 price range continues to be the most active with an impressive uptick in the homes priced over $1 million. At a recent Realtor event at The Woodlands Homefinder Center, The Woodlands Development Corporation provided the following information:

Sources: HAR, TWDC

Kenneth Kramm is a resident of Windosr Lakes with a unique knowledge of nature in his community. The video is a nature trail tour of the 55+ patio home community in The Woodlands.

Source: Kenneth Kramm