The 7,600 acre community of Cinco Ranch posted a 15 percent gain in new home sales in 2009 compared to 2008.
Low interest rates, relocations, homebuyer tax credits and the overall attraction of living in a master planned community all played a role, I'm sure.
The overall Houston economy did not take nearly as big a hit in 2009 as other parts of the country and the housing market has reflected that.
Are you planning on selling or buying in 2010?
As always, feel free to email me your real estate questions.
Michael Creedon
Champions Real Estate Group
email: CreedonRealty@aol.com
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