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BUYING OR SELLING AHOME? Visit Remax.Com FUELFIX The wheeling and dealing in the oil patchgot off to afast startthis year. Page D26 BUSINESS HoustonChronicle @HoustonChron Houston Chronicle | Sunday, May4,2014 |HoustonChronicle.com and Chron.com Section D HOME PRICE SURVEY Foradetailedlook at how local subdivisions stack up,searchthe database and explorethe interactive maps at Chron.com/homepricedata.Alist of prices by subdivision starts on Page D9. The high hurdle forbuyersislow,low inventory SellersinmanydesirableHoustonneighborhoods Shaunessy have the advantageinablistering housing market Bostic and her fiance, By Nancy Sarnoff stacked flagstone fireplace friends and acquaintances Jordan in the living room and the on the PTOand hitsend. Riddick, One morning lasT earthy stone-covered wall Thesubject line: “Not list- started month, Melissa Levin in the redone kitchen, ed yet!! OldBraeswood lookingat droppedoffhertwoyoung Levin, aformer NewYork house for sale.” houses about children at school, drove publicist, described the Levin waseager for amonth ago. back home and satdown 1950s ranchas“modern- someone to buyher house, Theysay they at her computer to create a ized and remodeled for but shewasn’t ready to don’twant flier advertising her house luxury,”witha“swanky listitpublicly because she to be forced in OldBraeswood, an es- Sinatra-worthyMartini wasconcerned it would into making tablished neighborhood Happy Hour design.” sell before sheand her ahasty near the Texas Medical Sheattached her per- familyoffour were ready decision. Center with large homes sonallydesigned creation to move.They recently on oversized lots. to an email, typed in ad- bought ahouse in Bellaire Next to photos of the dresses of neighbors, Many continuesonD4 Gary Fountain NEIGHBORHOODS Cody Duty/HoustonChronicle The Lam family—Meadow,Herman, Autumn and Carrie —walkstoOak Forest Elementary School. The Lams, whomoved from SugarLand, had a house builtinOak Forest near theHeights. They’re happy beingcloser to inside-the-Loop attractions. Real estate hot spots warm up the areas around them By Ford Gunter Thesame factors more of the same is the Heights. built, for more than $600,000, Inside Thenearby Garden Oaks-Oak is also closer to Lam’s Galleria- Agrowing population and a making the Heights Forestarea gained popularity area jobasaconsultanTToenergy ››Themortgage strong real estate marketmean popular raisevalues overthe lastdecade preciselybe- companies. rate picture. new“hot” neighborhoods are cause of itslocation, schools and AvisiTTothe neighborhood Page D3. popping up almostasfrequently nearbyaswell easyaccess to Loop 610. OakForestElementarySchool ››Master- as newhouses, mostlyinareas of “This seemed likeagem,” said sealed the deal. plannedchoices. town thatare adjacenTToalready ForestorShady Acres.” Herman Lam, 35,who movedhis Lam said he wasthrilled to Page D5. desirable spots. David Beck, presidentof wife and twoyoung daughters to find about 30 other parents at ››Theverytop of “It’sproximity to all the better Horace Homes, alocal builder a3,050-square-foot housewitha the school on the dayhetoured. the market. stuff,” said AndyWeber of John that has done alot of work in huge backyard in Oak Forestin Theteachers, he said, were pas- Page D6. Daugherty,Realtors, whocalls it neighborhoods surrounding the December. sionate.And he likes thaTThere’s ››Plunging in the “bleeder effect.” Heights, agreed that“the closer TheLams liked Sugar Land, apublic libraryacross the road. to remodeling. “People want to be in the in,the beTTer.” he said, but they often found He and his wife nowwalk their Page D19. Heights, but they can’t afford “Soanywhere insidethe Loop themselvescoming to Houston daughter Meadowtokindergar- it,” he said. “So what’s the next is out-of-control hot right now.” for Fridayhappy hours or week- ten each morning. ››Condos and closesTThing to thaTThaTThey Theposter child for neigh- end familyoutingstothe zoo or “Certainly, there are alot townhouses. can afford?Thatwould be Oak borhoods thatget hot and spark museums. Thehouse they had Realtor continuesonD4 Page D22. BUYING OR SELLING AHOME? Visit remax.com ©2014 RE/MAX, LLC. Each office is independentlyowned and operated. Created on Adobe Document Server 2.0 D2 | Sunday, May4,2014 | Houston Chronicle | HoustonChronicle.com and chron.com xxx HOME PRICE SURVEY Howthe area fared 2013 wasarecord year for Houston housing.The Houston Association of Realtors analyzed 73,232 sin- *+ $)'##% (&$"!&)" gle-familyhome sales handled throughits Multiple Listing Service,representing a17.7percentrise overthe TZ\a YX^Ra VXa[QW `ZX ]ZRS] WR_ZZ] Q^WVX^RVWU 62,229 single-familysales in 2012.The median sales price jumped to $180,000,up9.4 percentoverthe median @DB> TJPG UMSJNP KPQLSJ HELRP WPSE CLJRP of $164,500 in 2012. HPE CF?SEP OIIA RMSJNP @DDV Aldine *"%'!" %+'!) +'&) Alief *"-',- %-'#) %%'-) Alvin *,&'&% .'!) .'") Channelview *""'$% %.'+) &'#) Clear Creek *,#'$& "'.) %'-) 0>. 2> 83=6 $&: $<: 2,3 ?-* 9>635 $"! Conroe *+-'#. %&'") %!'+) 1 ).>(6+/+2 @1A;3854 Crosby *.+'.$ ,'%) #'-) N)" 5I43F 6320J C0E1 A;;M- %K= 0F N)" 5I43 ;;MK=# 105 Cy-Fair *-#',+ +'.) +'-) $'$ $%: 1 ),833(6+/+2 @1A;3854 Deer Park *-!'." .'!) (#'%) N)" 5I43F 6320J C0E1 A;;- %=>< 0F N)" 5I43 ;;=><# $&! $'# 105 Dickinson *-$'%" %!'-) #'#) $!$ $'& Fort Bend *,$'+$ %%'!) %!'-) $%< $'! Friendswood *+$'$& $'-) .'.) $:# $<% Galena Park *"%',. %$',) (#'&) =@'$.*? 45 $'% $:% &4)7*? Goose Creek *.&'"# %#'+) $'&) $"# :47*"4:$.? Houston *%$,'&$ %!'+) !"'%) $:& $:" &4)7*? $!% $"< Huffman *,,'+! %-'.) %-'#) $"" $:' "$" $:7 59 Humble *-"'.% +'#) ,'&) $:! $<" $!" Katy *+#'&$ +'") %-'+) ##" $<< $$! $:: $<$ $#" Klein *-#'!$ %&'") %%'+) 99 $$7 ##< $<7 La Marque"<" *.!'+- %.'+) "'$) 1960 #:# !: $$: La Porte *-$'%! %%'+) !'#) 7' <$ 90 #%7 !7 &# $#! Lamar Cons. *,$'.$ +'&) %%'#) <' $% 290 !! #$$ !< $7! Magnolia *%&&'.+ "'-) %%'+) "$% B(==$. !" !' !(..@, !# :! $: Montgomery *+,'$# +'#) %&',) &4)7*? $7 &4)7*? 7" "' ## $< New Caney *,%'"! +'.) %$'$) :: #' 7$ &! 8 North Forest *!$'#+ #.'%) #$'!) #& 7& <! <: ##7 8 #7$ :# 7% &: %: #7 Pasadena *.!'-# %#'%) &'%) #%$ :' %% "!% #$ 10 Pearland *--',- .'-) %'%) "" ': '7 %! 610 &$ "$' 10 &" "%& <7 %# '< %' Santa Fe *,$'+. %'&) &'&) #"' '% %7 7# "! &7 "%' << '! '$ && Sheldon *"#'$, ,'-) (&'-) #7# #% !$ "< %< 7: "#< :% 610 '# %$ :& '" &% "'! "%$ Spring *""'$% %+'%) -'.) <% $' 225 :$ $! #'& %& ##& #'< <# %" "# &< "'$ Spring Branch *%-"'$+ ,'+) #$'.) 99 77 7! :< "'% "$! "<& "& $$ ":< Stafford *-"'$, %.',) %%'") #'! $& $" !& #<! <& "'# "'" #7: #<< :" #" Tomball *,+'&# -'$) %-'$) #:" #< #: <" "'< #<: $# "7 8 Willis *,%'-& %&'%) -'$) #:7 "$ :7 !% ":! #<7 ":& "9F50>;CE 90A 59 ": '9/ "#" ":# #<& "7: "!" #$" #"7 35 "&: "<: "#! #!7 "<$ 146 "$7 #4.* '$7% 6 45 288 'CF+59A 10E+E>8F9 &4)7*? "(=D$,*47 "7& !"' ":$ &4)7*? #!& "7' "&& "&< "!: '.(<4.@( Mostactive &4)7*? ""$ neighborhoods "!$ ""' Subdivisions with the "<< #$' "&' highest number of salesin ""# ""& V^\ U`d d_Y`\ 2013 in the Houstonarea. The $J3OB3LG 51LJ23 "$# median priceper square foot in "&" V^\ U`d d_Y`\ 0J .340LJ 1I.3 HG053 "9F50>;CE 2013 and percentagegain over 36 0J @MK?8 #:! @>F9E3 $J3OB3LG201251LJ23arealsos0J .340LJhown. 35 1I.3TheHG053Woodl0J @MK?8ands-Village Alden PH .IG3 E1LJ @M' "8F- C- BridgPH .IG3e: 562E1LJsale@M's, $110.90per square "$& :02+6C foot, up 9.1% PH 63EC33J K>' O@M' PH 63EC33J K>' O@M' The Woodlands-Village of Sterling Ridge: #:' "!! PH 63EC33J :' OK>' "#& 497, $125.PH4463EC33J,up6.5%:' OK>' H:3C6 GAC 53NDJ #%% Oak Forest: 402, $190.49, up 14.4% PH /3FF E1LJ :' @<E?NDC5 5F?C5 97@=F7@?J PH /3FF E1LJ :' @< 47F>:7@F; 2:73 4C<D; The Woodlands-Village of Cochrans Crossing: MF?LC53:<; KF77@5 +ICJ F<D I:<3B:=C7J 337, $118.411+ICJ,up1.3% E:N<3@C58 CincoRanch Southwest: 312, $107.68,up13.7% )JFD,503JE 4LEL )JFD,503JE 4LEL ShadowCreek Ranch: 305, $81.42,up6.5% Walden: 296, $86.47,up4.1% CincoRanch West: 272, $102.94,up9.1% The Woodlands-Village of Grogans Mill: 238, $101.73,up15.7% Sales trends Foreclosure sales EagleSprings: 217, $76.49,up6.5% Figures for sales of single-familyhomes Sales of foreclosure properties in the Houston area ColesCrossing: 212, $91.99,up8.1% in the Houston area: Averageprice handled through the HoustonAssociation of Realtors: HoustonHeights: 207, $251.72, up 12.4% Median priceNumber of sales per square foot The Woodlands-Village of Panther Creek: 201, 11,205 11,217 10,977 $200 thousand 80 thousand $120 10,553 $107.87,up11.0% $101 Westbury: 186,$113.62, up 11.0% 73,232 100 12,000 150 60 6,995 Newport: 181, $65.36,up8.6% $180,000 80 10,000 Gleannloch Farms: 174, $86.56,up6.3% 100 40 60 8,000 Imperial OaksPark: 168,$84.88, up 10% 9.4% 17.7% 40 9.8% 6,000 Spring Trails: 165, $90.12, up 5.2% 50 Increase over 20 Increase over Increase over The Woodlands-Village of Indian Springs: 2012 2012 20 2012 4,000 0 0 0 2,000 161, $119.88,up10.6% 2009 2010 2011 2012 2013 ’09’10 ’11’12 ’13 ’09’10 ’11’12 ’13 ’09’10 ’11’12 ’13 0 Nottingham Country: 153, $85.67,up11.5% "9F50>;CE "9F50>;CE '9/ '9/ "8F- C- "8F- C- :02+6C :02+6C 36 W]c`d\ _Zc] [bac X_ac ^]bec\ 71LJ23 0J .340LJ HG053! @MM9O@MK?8 &340LJ FL/3F HG053F 0J @MK?8 PH .IG3 E1LJ @M' PH 63EC33J :' OK>' +ICJ (3FF E1LJ *:M!MMM *K=M!MMM EI *@>9!999 &IG3 E1LJ *=MM!MMM PH 63EC33J K>' O@M' PH /3FF E1LJ :' )JFD,503JE 4LEL *:M!MMM EI *K>9!999 *@=M!MMM EI *>99!999 )JFD,503JE 4LEL Source:HoustonAssociation of Realtors KenEllis and Katherine Feser/HoustonChronicle xxx Houston Chronicle | HoustonChronicle.com and chron.com | Sunday, May4,2014 | D3 HOME PRICE SURVEY Mortgage ratesup, butmarketzips ahead By Katherine Feser Buddy Trotter Mortgage rates are ris-
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