2009 February – The Woodlands
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    Attorney general rules that military ID doesn't meet homestead-exemption requirement
    Recently, the Texas attorney general issued a legal opinion that could cost some homeowners extra ti...
    A simple way to put yourself in a stronger negotiating position that's really hard to do
    There's a simple thing you can do to put yourself in a powerful negotiating position: If you want so...
    Ask George and Chuck
    Can I void my contract without penalty? How about my lease?...
    5 tips for finding the right movers
    After my husband and I decided that we should hire professionals for our move, we searched for the b...
    Ask George and Chuck
    What are my options if I can't pay for my timeshare?...
    What do they know?
    When people hear that my fiance; and I are looking to buy our first house, they frequently offer les...
    Ask George and Chuck
    Was the seller required to disclose previous water damage?...
    Lone Star Livin'
    The other day, I opened my mailbox and there it was: my property tax appraisal. Just a standard size...
    How I chose a home in about six minutes (and how you can, too)
    I'm usually a deliberate decision-maker. So why did my wife and I make an offer on a home just a few...
    Lone Star Livin'
    I'm happy to report that the Easter Bunny brought something extra special to my family last weekend:...
    Ask George and Chuck
    Does death terminate a contract? Can I sue the builder?...
    Myth about 3.8% tax on all home sales still false
    Homebuyers everywhere rejoiced this week as word spread that rumors of a 3.8% federal tax on all hom...
    Lone Star Livin'
    Occasionally, my husband and I like to take a free weekend to go on home tours. Though we're not loo...
    How I moved to Texas without breaking the bank ... or breaking down
    Before you pack those boxes, invest some time into making a plan and enjoy a smoother move....
    Lone Star Livin'
    Like many of you, we're knee-deep in tax preparation at our house. For me, tax time is a little like...
    Ask George and Chuck
    How long will it take to get my rental deposit back?...
    A first-time homebuyer's advantage
    My fiance and I decided to make the transition from renters to homeowners at the start of the new ye...
    Lone Star Livin'
    If you've driven on a Texas highway recently, you've likely seen one of the best features of spring ...
    Ask George and Chuck
    Who's entitled to see the appraisal report? How can I get out of my buyer's rep agreement?...
    Ask George and Chuck
    Who can change the wording on a form?...
    Going green doesn't have to break the bank
    If you're in the market for an existing home, you'll find all kinds of great properties that could u...
  • February 18, 2009

    New Custom Homes In The Woodlands – Update

    Post Category: New Neighborhood Updates,Real Estate — Michele Flory @ 8:28 am


    Custom residences are offered in beautiful settings including East Shore, the “Garden District” of The Woodlands Town Center on Lake Woodlands; near the Gary Player Signature golf course in the Village of Sterling Ridge; and in the gated communities of Carlton Woods and Carlton Woods Creekside. Homes are priced from the $770’s to more than $3 million. There are currently 29 homes ready for move-in.

    Available custom homes range in size from approximately 3,404 to 9,000 square feet and include three to six bedrooms, up to six full baths and two half baths and two- to four-car garages. Amenities vary and can include a separate casita, wine room, second floor balcony, two staircases, summer kitchen with an outdoor fireplace and a lavish pool. Homes feature one- to three-story designs. Custom homes can be built to meet the homebuyer’s specific needs.

    Custom residences are available overlooking the Nicklaus Signature golf course, the Gary Player Signature golf course and the Tom Fazio Championship course; viewing 200-acre Lake Woodlands; on oversized homesites; greenbelt sites; and/or cul-de-sac locations. Pictured top is 55 West Double Green by George Weaver, priced at $1,005,200 and featuring 5,425 square feet of living space near the Gary Player Signature course. Pictured bottom is 83 Lakeside Green by Marshall & O’Connor, a spectacular home overlooking a lake with 5,241 square feet, priced at $1,289,900. Both of these magnificent residences are available for immediate move-in.

    In select custom neighborhoods in the Village of Sterling Ridge, surrounding the Player Signature golf course, new homebuyers will receive a full golf membership to The Woodlands Country Club for $7,500. The regular price is $27,500. Custom homebuyers can also select a Sports Membership, which includes everything except golf, at no cost.
    Source: TWDC

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    February 16, 2009

    CREEKSIDE PARK UPDATE

    Post Category: Community,Creekside Park,New Neighborhood Updates — Michele Flory @ 7:19 am

    Creekside Park Village

    Creekside Park Village


    MORE THAN 520 FAMILIES HAVE PURCHASED NEW HOMES IN CREEKSIDE PARK

    More than 520 families have purchased new homes in The Woodlands’ ninth and newest village, Creekside Park, and are enjoying the area’s many parks and amenities. Designed with an emphasis on outdoor recreation and communing with nature, the new village includes 1,850 areas of parklands encompassing the 1,700-acre George Mitchell Nature Preserve, 20-acre Rob Fleming Park and 72-acre Lake Paloma, along with many other neighborhoods parks, trails and greenspaces.
    (more...)

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    February 15, 2009

    The Woodlands Real Estate – Part 5 – List Price Versus Sale Price

    Post Category: Community,Real Estate — Michele Flory @ 10:17 pm


    The January sale price as a percent of list price in The Woodlands was 93.5.

    Every calendar year begins at a lower percentage than the average 97%. Homes closed in January were the result of negotiated contracts in December. The last month of the year is traditionally a slower market for property showing appointments; resulting in sellers being more flexible on sale price.

    List price is established prior to the actual listing in HAR. The Realtor prepares a Comparative Market Analysis (CMA) based on the actual sales history within the last three to six months of comparable homes…location, condition, amenities, etc. Knowing that homes in The Woodlands sell for an annual average of 97% of list price, a negotiating amount is added to arrive at the final list price.

    We still see sale prices over 100% of the list price in our market; a result of multiple offers. We have also seen very few homes sell in the 80% range; a result of the seller establishing original list price rather than using market analysis provided by Realtor.

    This year will be a banner year for home values in The Woodlands. Homes in great locations with updated amenities will sell at premium price levels.

    Next Month: Appreciation Rate history by Village.

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    February 14, 2009

    The Woodlands Real Estate – Part 4 – Months Of Inventory

    Post Category: Community,Real Estate — Michele Flory @ 5:53 pm


    The Months Of Inventory is calculated dividing current active listing inventory by average monthly sales of the prior 12 months.

    The Woodlands Months Of Inventory in February is 4.5 months. A number above 6 is defined as a buyer's market; meaning there are more listings than buyers. A number below 6 is a seller's market; meaning there are more buyers than available listings.

    As the homeselling season begins, there will be a gradual increase in the months of inventory that has peaked in July - August for the past two years.

    Tomorrow: List Price / Sale Price

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