New-home sales increased during the first six months of 2009 at Cinco Ranch, a 7,600-acre community west of downtown Houston in Katy, offering new homes from the $160,000s to over $1 million.Cinco Ranch had 467 new-home sales for the first half of 2009, compared to 446 sales for the same period in 2008. The 21-unit increase represents a 4.7% increase for the first six months of 2009 over the previous year.
Construction has begun on one additional lane on the eastbound and westbound sides of Woodlands Parkway in The Woodlands from East Panther Creek Drive to Kuykendahl Road, according to Dan Kolkhorst, P.E., Vice President of Engineering & Construction for The Woodlands Development Company. Construction will begin on the eastbound lane.Two contractors will be building the sections of the roadway simultaneously. Hassell Construction Company, Inc. will be building the segment from East Panther Creek to Gosling, and South Coast Construction Company, Inc.
Yesterday, Partners in Building held a seminar and dinner in Katy to educate potential buyers about the build on your lot process. Clients learned general information about the differences between building in a traditional neighborhood and on their own homesites, as well as the benefits of building a home through Partners in Building. They were also able to see what goes behind the walls, learn about site costs, and different financing options.
The Austin division of Partners in Building is looking forward to a jam-packed August with special events lined up throughout the month. On August 13th, we will be hosting a public seminar at the beautiful Oasis restaurant, overlooking Lake Travis. Enjoy the sunset from 2
(AP) New U.S. home sales rose by the largest amount in more than eight years last month, in another sign the housing market is finally bouncing back from the worst downturn in decades. The Commerce Department said Monday that sales rose 11 percent in June to a seasonally adjusted annual rate of 384,000, from an upwardly revised May rate of 346,000. It was the strongest sales pace since November 2008 and exceeded the forecasts of economists surveyed by Thomson Reuters, who expected a pace of 360,000 units. The last time sales rose so dramatically was in December 2000.
On August 1st through 9th, nearly 70 homes will be open for touring all over Houston and it's surrounding areas, in Houston's second annual Parade of Homes.
The Fort Bend ISD schools attended by students living in Telfair now have Exemplary or Recognized ratings from the Texas Education Agency, which just released its 2009 Accountability Ratings. Cornerstone Elementary, located onsite in Telfair, and Sartartia Middle School are both rated Exemplary, the highest of the four ratings assigned by the TEA, and one earned by only 25.8% of Texas public schools in 2009.
With three on-site elementaries, one on-site middle school and a high school set to open next year, Sienna Plantation in Missouri City earns an A+ on the education component of its master plan. The Johnson Development Corp.
Twelve of the 13 Katy ISD schools serving Cinco Ranch have earned the highest possible rating in the 2009 Accountability Ratings released by the Texas Education Agency. The 12 Cinco Ranch schools were all rated Exemplary, the highest of the four ratings assigned by the TEA, and one earned by only 25.8% of Texas public schools in 2009.
Nationally and locally, the housing market is showing signs of life and the northwest Houston community of Bridgeland is positively bustling with 35 homes sales recorded during July — the highest monthly total of the year and the second highest monthly total since the developmen