Fort Bend Lifestyles & Homes July 2009
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PROGRESS & GROWTH
You Will Be “Glad with Conrad”
Cheryl Conrad
Century 21 Premier Gold Properties
Despite the national news, Cheryl is enthusiastic about the possibilities forthcoming, keeping  track of the changes in the recovering Houston market on a regular basis.  
Cheryl knows the areas that are hot for buyers and has great  tips to help sellers sell quickly at the right market price. There are tax  rebates and first-time buyer programs for homebuyers.
“Cheryl was a  godsend in helping us buy our home…we would work with her again in a  heartbeat,” says Patricia Cornelius. Choose an expert in selling and buying Real Estate.
Call Cheryl Conrad at 832-498-4192 or visit www.har.com/cherylconrad.
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Is Your Home in “The Healthy Zone?”
Nancy Benevides Re/Max Southwest
“Months of Inventory” is a real estate term that indicates how markets are performing. It is the solds for the last 30 days in Fort Bend Central divided into current inventory. The months of inventory number is how many months on average it would take to sell your home if no other new listings were put on the market.
(6 months = Neutral, Less then 6 months = Seller’s market, More then 6 months = Buyer’s Market)
Value of Home      Months of Inventory
100-200K
200-300K
300-400K
400-500K
500-600K
600-700K
700-800K
800-
6/1/2009
Call Nancy Benevides, 713-203-9975, for a free market analysis to determine your home ’s value!
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Firethorne Kindles the Spirit of Its Third Anniversary
Firethorne
Firethorne, now in its third year, has topped 775 home sales, 100 this year. With major companies and hospitals relocating to Katy, and interest rates at all-time lows, the 1,400-acre community is experiencing continued sales by its builder team: Coventry, David Weekley Homes, Highland Homes, Partners in Building, Perry Homes and Plantation Homes.   Firethorne offers 150 acres of parks and recreational amenities, a 12-acre lake with greenbelt, and more. It ’s where the vibrancy of West Houston meets the small-town charm of Katy/Fulshear.
281-395-1440; www.firethorne.info
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Keep on Moving
Arlene R Rolsen, CRS
When asked about her thoughts on the real estate market in Fort Bend County, top producing REALTOR Arlene Rolsen of Coldwell Banker United replied, “Home sales have always had a large impact on every aspect of our Fort Bend economy. I feel optimistic about the Fort Bend real estate market in 2009. Unlike other parts of our country, we continue to have growth in our population, employment opportunities, excellent schools and affordable housing. This all helps to make Fort Bend County a great place to call home. ”
If you or anyone you know have questions about the real estate market, please call Arlene at 281-414-8400 or e-mail her at arolsen@cbunited.com. Arlene would enjoy assisting you achieve what is best for you and yours. 281-414-8400
Recovery Coming!
Bruce Mercer, President, Bank of Fort Bend
“We have seen some lenders in our market substantially reduce their construction and real estate lending through an overreaction based in fear, ” says Bruce Mercer, president, Bank of Fort Bend. “As you know, our property values and inventories here are in relatively good shape versus the national market. ”
Yes, lenders need to be prudent in underwriting with reasonable underwriting and with sufficient equity from borrowers, which protects both the lender and the borrower in the case of a longer-than-anticipated recovery. However, this is not a time for overreaction against construction lending altogether. Texas will need appropriate lending liquidity to help fuel the recovery we are starting to experience. Here ’s to a good close for 2009!
12946 Dairy Ashford, Sugar Land
281-276-1800. www.bankoffortbend.com
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Believe in Miracles
Glory Crafts
Re/Max Heritage
Glory Crafts has been blessed with an outstanding career in Real Estate and believes that her success is based on her strong faith in God and that it is very important to give back to the community. Glory has been involved in Child Advocates of Fort Bend and has had her own home on the CASA Christmas Home Tour. At the recent CASA Gala Glory and her husband West were touched by the featured speaker Aldo Jefferson, who spoke about what CASA had done for him. Just graduated and headed for college, Aldo said that he knew God would provide a car for him. At that moment Glory and West made the decision to give him a car. They have been blessed in many ways and it felt good to change a life. Glory told Aldo to BELIEVE in MIRACLES!
glorycrafts@hotmail.com
Mobil: 832-265-7355
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Fort Bend Publishing Group 2008
An online magazine featuring Sugar Land and Fort Bend news,
information and lifestyles, Since 1987.
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