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Market Conditions in Clear Lake : Real Estate Advice

  • All27
  • Local Info4
  • Home Buying10
  • Home Selling0
  • Market Conditions3

Activity 3
Fri Jan 30, 2015
Garrett Stevens answered:
Rafiq,

Not sure if you are familiar with the area, but you can find some of the most affordable housing here compared to any other major city suburb in America. Clear Lake has a strong school system with high demand to get into. This helps hold appreciation compared to surrounding communities. Also a very high demand rental market with very attractive rental incomes for investors.

Let me know if you have any other questions,

Garrett
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Thu Jan 3, 2013
Mark McNitt answered:
This home is located in southeast Houston known as "Clear Lake" or "Friendswood". This area is close to Galveston Bay, Johnson Space Center (home of NASA) and lots of boating options. About 20-25 miles from downtown Houston.

The Heights is an area just northwest of downtown Houston, maybe 2-3 miles. This area is known for its Victorian styled homes and large oak trees. New construction here as well, but overall smaller lots. The Clear Lake area would be more affordable being farther out.

We assist many relocation buyer's moving to Houston. We can set up a private web portal to access listings via a customized search, provide tours or homes, schools and more. Let us know if you need assistance and we can mail you a relocation packet. Let us know how we can help.

Mark McNitt
m 832-567-4357
Bernstein Realty, Inc.
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Wed Oct 27, 2010
Pam Butler answered:
Hi Nancy, thanks for your question about Clear Lake Market conditions.

The market in Clear Lake has remained steady for a couple of reasons. One, there is no more new construction in the area - therefore, prices have been able to remain their value and appreciate over time. Sellers are not put in the position of constantly battling against new construction prices. Secondly - these three particular neighborhoods are a huge draw due to the excellent schools that they feed into - within the Clear Creek ISD.

Both Bay Oaks and Bay Forest began in the late 80's. Bay Oaks with a lot lottery and Bay Forest with it's own Street of Dreams - custom homes. Pine Brook was not started until the mid to late 90's with completion of that neighborhood several, several years ago.

And interesting fact, Clear Lake - being a Master Planned of Friendswood Development was actually all platted out in the 60's - each neighborhood drawn onto the plat - it is truly 'master' planned and is still one of the highly sought out areas in the greater Bay area.

Buying in the older section of Bay Oaks is not a bad thing - there are great selections of homes there and many of the older ones have been updated - giving you even great value to purchase. The same holds true with Bay Forest. And Bay Forest even has it's fair share of custom, executive style homes. Pine Brook is the true, newer neighborhood of the three - with homes built by Village and Perry and Brickland Patio homes.

So, it really all determines on how you 'feel' about each and exactly what you are looking for.

Rates have never been lower than they are now. So, in selling your home - you can actually buy a more expensive, larger home and you might not see that much difference in your monthly expense - as on your current home. An excellent time to 'move' up.

If you would like to know what's going on in your neighborhood - please let me know. I can set you up on a great tool that only Prudential Gary Greene has - it's called Online Sellers Advantage and it will give you a weekly overview of what's going on in your neighborhood as far as it relates to new listings, price reductions and sales.

I have lived in the Clear Lake area for over 20 years - I am quite familiar and will be happy to assist you in any way I can.

Thanks ~ wishing you a great day !

Pam

Pamela Mouton-Butler
Prudential Gary Greene Realtors
17250 El Camino Real
Houston, TX 77058
832-415-4844 - Direct
281-386-6699 - Mobile
pam.butler@garygreene.com
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