December 2013

There are 3 blog entries for December 2013.

HOUSTON, TX- According to a 2013 study published by the Real Estate Center at Texas A&M University, Houston was the top condo-selling city among the four main metro areas in Texas.

Additionally, during the period between January and September of the present year, Houston experienced a 25 percent increase in sales, the second-highest in the state. A total of 5,067 condos in Houston, Texas were sold during this time period. The median price for condos went up seven percent to $140,000 when compared to the same period in 2012.

Condos in Houston are in high demand. This is reflected in the number of active listings, which decreased by 31 percent to only 1,737 listings and days on the market dropped 27 percent from the previous year to an average of only

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THE WOODLANDS, TX- It has just been announced that The Woodlands Development Company has began design work on Mitchell Island, located off the east shore of Lake Woodlands.

Tim Welbes, co-president of the Development Company, said Mitchell Island will feature 19 luxury homes in East Shore The Woodlands on at least 1 acre lots. However, there isn’t much information yet about particular styles or design elements.

The island had been originally designated to house the headquarters of The Mitchell Energy and Development Company, but as more corporate offices were developed throughout Town Center, those plans changed.

Mitchell Island is expected to be East Shore’s enclave which will feature larger, more expensive homes, such as Carlton Woods in the

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THE WOODLANDS, Texas- The Woodlands Development Company and the Houston-based Frankel Building Group announced the plans for a new luxury home community in Indian Springs, The Woodlands.

The Woodlands Reserve will be a gated community with lot sizes ranging from the 12,000 to the 23,000 square feet and 4,000 to 6,000 square feet of indoor space. These custom residences will be priced at 1 million dollars and up, and will feature a harmonious blend of Southern Coastal architecture and Southern French designs.

The exclusive home builder for the new luxury home community in Indian Springs will be FGB, which offers home sites with custom-designed floor plans, oversized back patios and gracious front porches. Residents will enjoy prime amenities for The…
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