Japan’s largest homebuilder, Sekisui House, Ltd. and Cinco Ranch’s developer, Newland Real Estate Group, have announced a 500-acre expansion of Cinco Ranch. The land was acquired as a joint venture.
Cinco Ranch is Newland’s top selling, master-planned community. This expansion will add 1,200 new homes. This new section will be delivered in approximately three years as the community’s final southwest neighborhoods are completed.
The expansion is located on the east side of FM 1463 at Corbitt Road in northwest Fort Bend County. With the addition of the land, Cinco Ranch will total 8,092 acres with an expected 14,000 homes at build-out.
Located 32 miles west of downtown Houston, Cinco Ranch first opened with new homes for sale in 1991. Over the past 10 years, the community has consistently been rated among the top five best-selling communities in the Houston area. In 2009, Cinco Ranch was the #1 best-selling planned community in the U.S.
Spoken by Julie Q. Fuelling |
Houston property sales decline for a second consecutive month following expiration of the homebuyer tax credit. The average price of a single-family home continues to appreciate, reaching its second highest level for an August in Houston
A post-homebuyer tax credit calm prevailed across the greater Houston area for the second straight month in August, with property sales volume down, though not as dramatically as it was in July. Despite the decline, the average price of a single-family home continued to climb.
According to the latest monthly data compiled by the Houston Association of Realtors® (HAR), August sales of single-family homes throughout the Houston market fell 16.7 percent compared to August 2009. Declines were recorded in all pricing segments.
The average price of a single-family home rose 2.2 percent from August 2009 to $216,522. The August single-family home median price—the figure at which half of the homes sold for more and half sold for less—dipped 0.6 percent from one year earlier to $159,000.
Foreclosure property sales reported in the Multiple Listing Service (MLS) dipped 2.4 percent in August compared to one year earlier. The median price of August foreclosure sales slid 1.1 percent to $85,000 on a year-over-year basis.
Sales of all property types in Houston for August totaled 4,977, down 15.3 percent compared to Read the rest of this entry »
Spoken by Julie Q. Fuelling |
Cinco Charities and Food and Vine Time Productions, (producers of Wine and Food Week in The Woodlands), are pleased to announce Katy’s biggest and best wine festival, the Cinco Charities Sip n Stroll, presented by StreetTalk Advisors coming Thursday, September 23, 5:30 to 8:30.
Mark your calendars and purchase your tickets now because this is an event not to be missed! An event for everyone from wine and food connoisseurs to beer, art and music lovers.
Guests will be treated to wine samplings, food samplings, a beer garden, live music, an art exhibit, vendors, charity silent auction and more all centered around the Tuscan courtyard and fountain at Villagio Town Center in Cinco Ranch! And it’s all only $25 per person.
So grab your friends and family, (21 and up only please), and join us for a night of fun, food, drink and music!
Spoken by Julie Q. Fuelling |
Today, I am launching a new feature on Katy foreclosures which are also known as HUD (Housing and Urban Development) homes. With an informed Katy Realtor, they are easy to purchase and usually represent substantial savings. They are priced to sell quickly.
Every HUD homes is sold via a 10-day open bid process. It is critically important that the bid be prepared correctly or it will be rejected regardless of the price offered.
If you are looking for a Katy Realtor with whom to explore foreclosure homes, I am certified by the National Association of Realtors as an expert in short sales and foreclosures. I hold the specialized designation of Short Sale and Foreclosure Resource.
This week I am featuring a house in Katy Creek Ranch, see above. It was built in 2007 and has 3 bedrooms and 2 baths. It is listed at a price of $127,000. Unlike some foreclosure properties, this house is described as being in excellent condition.
There are many others on the market; I can help you with any foreclosure.
For a tour of this property, contact me or call me at 713-818-2404. I have sold Katy real estate for over 21 years and would love to share my expertise with you.
Spoken by Julie Q. Fuelling |
Lease activity for LaCenterra at Cinco Ranch has been rising with the Texas temperature this summer. Center management announces that over 11,200 square feet of retail space and almost 9,500 square feet of office space has been leased. Additions to LaCenterra’s tenant roster include boutiques, restaurants and specialty food retailers, along with business offices. That’s nearly 20,700 square feet of additional services at LaCenterra.
New retailers include Berripop Frozen Yogurt, Fit N Fresh Gourmet, Otto’s Deluxe Grille and Paper Lane Stationery and Gifts. Relocating business offices to LaCenterra include the Law Office of Scott P. Callahan, P.C. and Woodco Fund Management.
Berripop Frozen Yogurt has leased 1,540 square feet of center space for a new location. Born in the great state of Texas in December 2007, Berripop offers parfaits, Hawaiian shaved ice, signature smoothies and -of course – fresh, all-natural non-fat yogurt with healthy toppings. Guests will find the latest music videos played on flat screen televisions and free Wi-Fi in this bright, modern yogurt shop. Berripop will open in early September in Ste. E100, also overlooking Heritage Square.
Business partners, Mike Rizutto of Sugar Land and Al Gross of Round Rock have leased just over 2,000 square feet of retail space for Fit N Fresh Gourmet. The specialty food store will offer Read the rest of this entry »
Spoken by Julie Q. Fuelling |
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