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The Houston Real Estate Market: A Closer Look

Tuesday, March 23rd, 2010

The 2010 Houston real estate market may be a work in progress, of sorts. Just this year alone we have seen a more stabilized market, with plenty of room for growth and improvement.

Whether the worst is behind us or not, and whether 2010 will be a year of moderation or growth has yet to be determined but, in the end, Houston will continue to be one of the most aggressive markets in Texas, if no the United States. The bottom line is that the Houston real estate market will continue to outpace and outperform other similar-sized markets across the United States, for a number of reasons:

Superb Communities

Houston is well known for its master-planned communities; in fact, it sort of has a reputation for being a market laden with superb, master-planned communities. It is therefore not uncommon to see communities with plenty of demand from home buyers. From the amenities and features to the excellent school systems and close proximity to city life, Houston’s master-planned communities are the backbone of the real estate market here.

Some of the more recognizable (and highly sought after) master planned communities of Houston include: Kingwood, Katy, the Woodlands and Pearland.

Residential Meets City Life

An interesting feature of many Houston neighborhoods is the ability to combine residential and commercial areas. In fact, there are quite a few residential developments within the Inner Loop, thereby squashing the common thinking that urban areas are just that – urban. Some of the suburban-like communities within Loop 610 include: Houston Heights, South Main and Meyerland.

City Living at its Finest

Downtown Houston is a popular haven for many Houstonians, and it’s no wonder. There is a fantastic array of downtown Houston living to suit nearly every budget. And the exceptional entertainment venues, shopping districts and trendy restaurants attract countless people to downtown Houston throughout the week. The social scene in downtown Houston is hot, thereby attracting visitors and residents alike.

Not to be outdone by downtown Houston, Midtown offers a great variety of residential options, as well as plenty of cultural and entertainment options. From high-rise condos and apartments to loft homes and townhomes, Midtown is a popular place to call home for many Houstonians.

The up-and-coming Midtown neighborhood boasts plenty of historical buildings and high-end boutiques, and is quite unique in its character, as it is a pedestrian friendly community.

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Excellent Real Estate Investment Opportunities Abound in River Oaks

Monday, February 22nd, 2010

River Oaks remains one of the hot spots for real estate activity, and for good reason. River Oaks is a popular destination for real estate investors, as well, as this market has remained one of the most desirable areas of Houston.

The real estate market in River Oaks has shown considerable growth, even throughout the past year and despite the poor, national economy, thereby allowing homes in this exclusive section of Houston to steadily appreciate over the last few years.

The Appeal of River Oaks

This affluent suburb of Houston is a draw for many investors, for several reasons: it is filled with exceptional homes on equally exceptional lots; it is surrounded by an old-world charm that gives it a distinct appeal; and it is just minutes from the opportunities of downtown Houston.

As a result, many professionals, CEOs and entrepreneurs call River Oaks home. River Oaks is now home to some of the most expensive properties and estates in Houston, if not Texas. The lavish lifestyle and superb, stately homes make River Oaks the crème de la crème of Houston high society.

Architecture and Opulence Reign Supreme

The homes of River Oaks are special in many ways. Aside from being magnificent in their luxury and opulence, many of the homes in River Oaks were designed by leading names in architecture of their time. As a result, the architecture and design of these homes are simply unsurpassed.

Ride down any of the winding, picturesque streets of River Oaks and you’ll immediately notice the grandeur of the period architecture.

Strict deed requirements in this affluent community have kept new construction to a minimum. New homes and commercial buildings in River Oaks must adhere to a narrow design element so that all of the structures here show cohesiveness in style.

The bottom line is that you can’t go wrong as an investor in River Oaks. The demand remains strong and the sales of homes in this community are a testament to the fact that River Oaks continues to remain a highly desired suburb in Houston.

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Houston Heights Association: Enhancing the Community of Houston Heights

Monday, February 15th, 2010

Houston Heights is a beautifully diverse community of Houston that is known for its family atmosphere, community cohesiveness and upscale real estate. It’s no wonder families of every size and shape flock to Houston Heights: it is the place to be for individuals looking for strong sense of community.

The Houston Heights Association is a nonprofit organization that was formed in 1973 for the “purpose of encouraging and promoting the enhancement of the Houston Heights community.”

As result, this organization has been responsible for much of Houston Heights’ revitalization and growth over the last 25 years. From establishing deed restrictions and community assistance programs to reducing crime and beautifying the city through historic preservation and revitalization, the Houston Heights Association works to “enhance the community by fostering a sense of identity and camaraderie.”

The Houston Heights Association, in 1983, worked to designate Houston Heights as a Historic Multiple Resource Area by the National Park Service; as a result, Houston Heights was listed on the National Register of Historic Places. There are currently more than 100 individually listed private and public buildings in Houston Heights.

In 1991, Houston also designated Houston Heights as a Historical District of the City of Houston.

Since the inception of Houston Heights as a master-planned community in 1891, this progressive city has proven that grand Victorian mansions can coexist beautifully with thriving business districts.

Houston Heights Association Committees

Some of the recent committees of the Houston Heights Association include: the Heights playground in Donovan Park; the restoration of the Fire Station; the Historic Lighting project; the Paul Carr jogging trail; and the Heights Boulevard beautification project.

Some of the annual events hosted by the Houston Heights Association include:

  • The Spring Home & Garden Tour – A home and garden tour of six Houston Heights’ homes and gardens; to be held April 10 and 11, 2010
  • The Heights Fun Run – A 5K Fun Run/5K Walk along Heights Boulevard; rated one of the best fun runs in Houston by the Houston Chronicle; to be held in June 2010
  • The Heights Bicycle Rally – A 15-mile bicycle course beginning and ending at the Heights City Hall and Fire Station; to be held October 3, 2010
  • The Holiday Home Tour -  A home tour featuring six homes decorated in the holiday tradition; to be held December 3 and 4, 2010

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Lake Pointe: Sugarland’s Hottest Urban Village

Monday, February 8th, 2010

Sugarland has developed quite the reputation as being a force in Houston’s real estate market. From upscale residential communities to a nice blend of retail, medical and office space, Sugarland is certainly a hot commodity when it comes to real estate.

Case in point; Lake Pointe, one of Sugarland’s newest communities, is a lovely combination of upscale restaurants, high-end shopping districts, world renowned medical facilities and, of course, fabulous homes.

Various Residential Offerings

Lake Pointe, which is another development from the developers of First Colony, is a community built around the Lake Pointe Town Center, a downtown neighborhood located in the heart of Sugarland. Some of the residential offerings of Lake Pointe include: gated, waterfront villas; urban stucco townhomes; Italian Renaissance-style townhomes with lake views.

The image of this beautiful community comes together with the addition of its bricked lined streets, antique light posts and a lovely array of architecture. Lake Pointe, however quaint, is quite a bustling urban village that affords it residents easy access to a number of restaurants and shops.

Convenient, yet Secluded, Location

Lake Pointe is conveniently located off Highway 6 and US 59, although it enjoys a secluded location on 190 acres of open land with a water frontage along both Oyster Creek and Brooks Lake.

Residents of Lake Pointe also enjoy an expansive, 37-mile walking trail that borders Brooks Lake. This trail is ideal for walking, running and cycling, and it also serves as a connection to several retail shops and restaurants, via pedestrian foot bridges.

The Communities of Lake Pointe

  • The Villas – 18 waterfront villas among private, gated streets; priced from the $700,000s
  • Kensington Park Brownstones – 27 authentic Brownstones, ranging in size from 2,400 to 3,200 square feet; priced from the $400,000s
  • Creekbend – 87 luxury courtyard homes with private, gated streets; priced from $800,000s to $1 million
  • Ravello on the Lake – 14 waterfront Italian Renaissance townhomes, ranging from 3,500 to 4,500 square feet; priced from the $880,000s
  • Towne Court at Lake Pointe – Urban studio homes, ranging in size from 3,200 to 4,000 square feet; priced from the $600,000s
  • The Enclave at Lake Pointe – 100 luxury Mediterranean, waterfront garden homes and brownstones, priced from the $400,000s

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Spotlight on: The Empire Lofts and Flats in Houston’s Galleria District

Monday, January 25th, 2010

The Houston Galleria District is a highly sought after area of Houston, for several reasons. It’s close proximity to downtown Houston, and all of the business opportunities found there, is certainly the number-one reason why so many Houston professionals call the Galleria District home. However, it is often the ambiance and the superb housing options that make this hip and trendy area of Houston so appealing.

empire

For example, take the Empire Lofts and Flats. These grand condominium homes are certainly the epitome of all that is luxurious and upscale in the Galleria District. The Empire Lofts and Flats, which are the newest addition to this dynamic area of the city, offer fantastic, sweeping views of uptown Houston;  only to be outdone by the first-class amenities and services. From single professionals to empty nesters looking for a maintenance-free, carefree lifestyle, the Empire Lofts and Flats fit the bill nicely.

Large, Open Spaces and Soaring Ceilings

The homes of the Empire feature large, open spaces and soaring ceilings. The loft homes boast ceilings that extend nearly 18 feet, while the flats feature ceilings of nearly 12 feet. The penthouse flats of the Empire also feature 12-foot ceilings, which are highlighted by the enormous living spaces.

Sweeping Views of Houston’s Urban Landscape

Every home of the Empire enjoys either a balcony or a terrace, thereby affording residents with only the most fantastic views of the surrounding urban landscape.

Luxurious, Interior Features

Some of the interior features of the residences of the Empire include: over 29 designer floor plans; granite slab countertops; hardwood flooring; whirlpool tubs; stainless steel appliance packages; oversized stone-clad showers; and sound insulated construction.

Exceptional Building Amenities and Services

Visitors and residents of the Empire Lofts and Flats are welcomed into this beautiful high-rise by a grand lobby, complete with a concierge and a theater.

Some of the other features and amenities of the Empire include: an outdoor whirlpool spa; an oversized swimming pool and loggia; and an oak tree-lined motor court and entry.

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Spotlight on: Highland Tower in Houston’s Galleria Neighborhood

Monday, December 28th, 2009

Houston Condos, Highland Tower

Highland Tower is one of Houston’s newest residential condo buildings. Comfortably situated in the upscale Galleria section of Houston, Highland Tower is located within the 610 Inner Loop, thereby making it a prime residence for Houston professionals. In fact, Highland Tower is marketed to Houston’s young professionals.

Rising 17 stories, Highland Tower boasts 96 condo units, along with a 15th-floor penthouse, which offer a great array of floor plans and designer touches. The condo residences of Highland Tower feature either one, two or three bedrooms, and the square footage ranges from 825 to 2,134.

Condo Features and Amenities

All of the residences of Highland Tower feature many, upscale amenities and features, including floor-to-ceiling glass, sweeping Galleria views, European cabinetry, stainless steel Bosch appliances and exotic natural stone countertop and tile surfaces.

The ceiling heights for the homes of Highland Tower are at least 10 feet (the penthouse unit features 11-foot ceilings); all residences have security systems with keypad entry; all homes are pre-wired for sound systems; and all homes have either oak or cherry hardwood floors. The master bathrooms of the homes all include large bathtubs with stone surrounds, Kohler faucets and marble countertops.

Building Amenities and Features

A fifth-floor terrace is just one of the countless building amenities that are afforded to the residents of Highland Tower. The terrace, which provides lovely views of the Galleria, boasts a gorgeous, infinity-edge swimming pool, along with an outdoor pavilion, a barbeque grill, outdoor fireplaces, and plenty of green space, complete with fountains and paved courtyards.

Other amenities found on the fifth floor include a state-of-the-art fitness center that overlooks the swimming pool; a dining room with a catering kitchen; a private party lounge; and a private massage therapy room. The entrance lobby of Highland Tower is beautifully decorated and appointed with fine furnishings, while the private lounge features beautiful furnishings, a flat-screen television and a large serving island.

Highland Tower also includes a secured entry, a private entry drive, complete with a covered porte-cochere drop-off lane, private parking for guests, and private garage parking for residents.

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Fine, Texas Living is Alive and Well in Sugar Land

Tuesday, November 17th, 2009

Sugar Land is a progressive and dynamic community that offers a plentiful array of services, amenities and excellent real estate options for its residents.

Located in Fort Bend County, which has earned the title as one of the fastest growing counties in the county, Sugar Land enjoys a convenient proximity to downtown Houston, the Medical Center, Greenway Plaza and the Astrodome, just to name a few.

homes sugar land

In addition to the amenities and services of nearby Houston, residents in Sugar Land have a great array of restaurants, shopping centers and entertainment choices within the community.  In fact, there are seven shopping malls within 20 minutes, including the First Colony Mall.

Some of Sugar Land’s Dynamic Neighborhoods

This master-planned community is comprised of many neighborhoods, some of which have received accolades and awards for excellent home design, recreational amenities and landscape.

For example, New Territory has received more than 30 national and regional awards for its abundant community amenities and superb home design. Pecan Park, an eight-acre park located within New Territory, is an excellent spot to go fishing, play basketball, swim and play tennis. A $4 million clubhouse is the center of Pecan Park, and houses a teen room and fitness center.

Homes in Sugar Land accommodate residents of different lifestyles, budgets and desires, as home prices range between $100,000 to over $1 million.

One of the newest communities in Sugar Land is Avalon, a waterfront community which offers waterfront homes from $270,000 up to $1 million. A beautiful lake and waterfall pool are the showpieces of this exclusive neighborhood.

Another highly sought-after community within Sugar Land is Canyon Gate, an upscale neighborhood which offers several swim centers, which include competition pools and children’s pools. Each neighborhood within Canyon Gate also includes a park and a recreation complex, complete with lighted tennis courts, as well as volleyball and basketball courts.

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Sugar Land’s Special Events Highlight this Community’s Family Friendly Atmosphere

Monday, November 16th, 2009

Sugar Land is arguably one of the finest communities in Texas, if not the country. From its prime position near the major metropolitan city of Houston to its outstanding home choices and beautiful surroundings, Sugar Land has been deemed as one of the most successful examples of superb, suburban living.

Sugar Land real estate

The year-round warm weather allows for year-round recreational activities, such as golfing, fishing and water sports. The cultural destinations here are also just as popular, as there are a great variety of museums, as well as a theater and symphony.

The schools are highly rated, and the shopping and dining are unsurpassed.

But it is the year-round, special events that serve as a catalyst to unit the city and encourage residents to come together and simply enjoy one another and the fine community of Sugar Land:

  • EGGSTRAVAGANZA – This huge egg hunt, which takes place at Eldridge Park, allows the children of Sugar Land to scramble for treat-filled eggs. Other activities of EGGSTRAVAGANZA include photos with the Easter Bunny, a petting zoo, an obstacle challenge and many other free activities.
  • A Concert in the Park – Oyster Creek Park is the place to be throughout the months of April and May.  Live bands and cultural performances, including loads of children’s activities, such as face painting, clowns and magicians, entertain the residents of Sugar Land during this free concert series.
  • Red, White & BlueFest – Independence Day is never complete without Sugar Land’s Red, White & BlueFest. Water slides, live entertainment and plenty of good food entertain residents as they wait for the fireworks extravaganza.
  • Halloween Town – This Halloween event, which takes place in the Sugar Land Town Square, is a partnership between the city of Sugar Land and the Keep Sugar Land Beautiful and Sugar Land Town Square Management Company.
  • Christmas Tree Lighting Event – A night of festivities and activities are enjoyed during the Christmas Tree Lighting Event, but it is certainly not complete without the arrival of Santa Claus and the lighting of the city’s Christmas tree.

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The Fashionable Galleria District Continues to Shine in Uptown Houston

Wednesday, November 4th, 2009

The Galleria District, which enjoys an enviable position on Post Boulevard and Westheimer Road, is the place to be for all things trendy in Houston.

From its superb hotels to its hip fashion presence, the Galleria is known for its beautiful surroundings and its exciting lifestyle.

uptown houston

It is no wonder, then, why so many Houston professionals choose to settle into the Galleria district.

Known as a “shopper’s paradise,” the Galleria boasts a massive retail complex, in addition to three office towers and several hotels. From Macy’s and Nordstrom’s to Saks Fifth Avenue and Neiman Marcus, only the finest retailers can be found in the Galleria.

Other shopping centers in the Galleria include the Galleria Shopping District, the Uptown Collection, Highland Village and the Fashion Center. There are also over 50 restaurants and specialty stores found through the Galleria.

Living in the Galleria

From its beautiful mix of contemporary and historic architecture, to its stunning new condo developments, such as the Cosmopolitan, the Empire and the Briarglen, the Galleria offers residents only the finest residences in the heart of the city.

The Galleria is home to many exclusive subdivisions, including:

  • Briargrove
  • Larchmont
  • Tanglewood
  • St George Place
  • Briarcroft

The many private and public schools located nearby attract many families to this highly coveted area of Houston.

2400 McCue Condominiums

A fine example of the outstanding, upscale residences of the Galleria include the 2400 McCue Condominiums. These townhome residences enjoy a prime, central location in the Galleria district, along with high-end surroundings and only the most superb amenities.

Just some of the outstanding amenities and features of the 2400 McCue Condominiums include:

  • One, two and three-bedroom floor plans
  • Resort-style swimming pool
  • Community clubhouse with billiards
  • 24-hour business center
  • Dog park
  • Controlled-access, garage parking
  • Expansive, private terraces
  • Granite countertops
  • Stainless steel appliances
  • Garden tubs
  • Walk-in closets

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River Oaks Real Estate Activity

Tuesday, October 20th, 2009

Current home sales in the River Oaks neighborhood show price ranges between $654,000 to $907,000. The average sold home in River Oaks as of August is between 2,654 and 3,156 square feet in size, and has five bedrooms and three bathrooms.

homes in River Oaks

River Oaks Snapshot

Most homes in River Oaks are the single-family, detached variety, although there are a few townhome and condominium residences.

This exclusive and prestigious neighborhood features estates that often range between $1 million and $20 million. Homes in River Oaks boast expansive lawns and elegant architecture, thereby making this Houston suburb highly sought after by Houston professionals.

There is a nice array of architecture in River Oaks, although most of the homes are traditional in design. Many of the homes in River Oaks were built by prominent architects.

There is a nice selection of more modest homes, although many of these have been extensively remodeled or torn down in favor of more palatial estates.

River Oaks Prominent Location

Located in the geographical center of Houston, River Oaks enjoys a close proximity to Montrose, Memorial and downtown Houston. To the north of River Oaks stands Buffalo Bayou, while Shepherd Drive sits on the east side and East Briar Hollow Lane is located to the west. Many Houston professionals also appreciate its close proximity to the Central Business District, the Greenway Plaza, the Galleria and the Medical Center.

The central location and the upscale residences make River Oaks a popular neighborhood for many of Houston’s most prominent and wealthy officials, CEOs and entrepreneurs.

Those searching for anything from an upscale residence to a palatial estate will want to consider the community of River Oaks. This neighborhood is rich with history and alive with grace and elegance, thereby making it the perfect spot to call home.

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