HAR Releases March Housing Statistics

As predicted by a surge of mortgage applications nationwide last month, closed sales of single family homes in the Houston market climbed 11 percent in March versus a year ago.

The three HAR areas served by Keller Williams Realty Northeast saw sales gains as well. Nine percent more homes were sold in both Area 1 (Atascocita/Humble) and Area 32 (Kingwood) compared to last year. Area 40 (southeast Montgomery County) exceeded the market’s results with a hefty gain of 17.4 percent more homes sold this March.


Young Life Holds Family Bar-B-Que

The Northeast Chapter of Young Life will hold a Family Bar-B-Que on Sun., May 2 from 5-7 p.m. at Deerwood Elementary at 2920 Forest Garden Dr. in Kingwood. Tickets available at the event are $10 for adults and $5 for students. Kids under five years old are free. Admission includes live musical entertainment, games and an inflatable for the under five crowd.

Young Life is a national non-profit organization for high school aged teens to help them build lasting friendships and to consider the direction of their lives. The Kingwood and Kingwood Park high school groups meet on Mondays during the school year at the YL Clubhouse inside the Vinyard Church at 807 Russell Palmer Rd. in Kingwood.


Mortgage News

Last week, the Federal Reserve did as promised and discontinued its policy of buying mortgage-backed securities as of March 31. By purchasing housing loans, the Fed has provided much-needed capital for distressed lenders and investors. The policy was in effect to help subsidize the housing market and keep mortgages rates abnormally low.

So what do the experts predict will happen to the mortgage rates? The leader of Freddie Mac, one of the two government-run mortgage financing companies, does not foresee an upswing in the rates in the immediate future. “There’s not going to be, at least in the short term, a major dislocation and a major move up in mortgage rates,” said Freddie Mac CEO Ed Haldeman in a recent Forbes.com article.


Keller Williams January Concert Draws Record Crowds

An unseasonably warm evening and Zumba dancing brought out a record crowd to the Keller Williams concert at Kings Harbor Plaza last Friday night (Jan. 22). Concert goers listened to the Latin beat of the band Dozziz Tropical and danced under the direction of 13 Zumba instructors from area health clubs.


Exercise for a Good Cause: Lake Houston Family YMCA Bridge Fest 5K

The Lake Houston Family YMCA in Kingwood is holding its 18th Annual Bridge Fest 5K on Sat., Feb. 6 starting at 7:45 a.m.

The Bridge Fest presented by the Kingwood Medical Center is a 5K Family Fun Run across the Lake Houston Parkway Bridge, linking Kingwood and Atascocita.


Texas and Atascocita Top Destinations for Relocation

There is a popular bumper sticker that reads: “I wasn’t born in Texas, but got here as fast as I could.”

Recently released statistics confirm that Texas is still a prime relocation destination with Atascocita being one of the top choices in the state.