Lake Houston - Humble - Kingwood | July 2020

LAKE HOUSTON HUMBLE KINGWOOD EDITION

REAL ESTATE

ONLINE AT

2020EDITION

VOLUME 5, ISSUE 3  JULY 6AUG. 2, 2020

LakeHouston-area real estatemarket steady despitepandemicdecline

RESILIENT REAL ESTATE Home sales in the Lake Houston area saw a 2.63% year-over-year increase since January.

Total home sales in Lake Houston area

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1,042 1,013

BY KELLY SCHAFLER

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Experts said the real estate market in the Greater Houston area has taken a signicant hit during the economic crisis caused by the coronavirus pandemic. Suburban areas, such as the Lake Houston area, how- ever, are holding steady. Luis Torres, a research economist at the Real Estate Center at Texas A&M University, said the national, state and Houston-area economies, including factors such as job loss, play a role in the Greater Houston area’s real estate market. Torres said single-family home sales in the Houston region fell by 16.8% in April. However, May’s 7.6% drop year over year was

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SOURCES: HOUSTON ASSOCIATION OF REALTORS, DEBORAH ROSE REALTYCOMMUNITY IMPACT NEWSPAPER

KELLY SCHAFLERCOMMUNITY IMPACT NEWSPAPER

not as drastic as April’s, Torres said. “You can kind of see an improvement, though there is still a drop o,” he said. While home sales in the Lake Houston area also

dipped amid the pandemic, local real estate brokers said they believe themarket is promising, as home sales between Jan. 1- June 4were down almost 5%compared CONTINUED ON 20

COVID19 case count discrepancies raise questions inHumble nursing home

EACH CASE AND ESPECIALLY EACHDEATH ARE NOT JUST NUMBERS. THEY ARE PART OF OUR COMMUNITY.

BY KELLY SCHAFLER

positive for the coronavirus, with Har- ris County Public Health reporting 14 coronavirus-related deaths at the nurs- ing home as of June 26. Humble City Manager Jason Stuebe said in an emailed statement that the city has been closelymonitoring the sit- uation at Oakmont since April. “We ... continue to work closely with our partners at Harris County Public Health as well as the state to ensure that proper protocols are implemented CONTINUED ON 21

A nursing home in Humble came under the scrutiny of Harris County health ocials in June for an outbreak of COVID-19 cases among its elderly residents. However, as more data on the status of COVID-19 in long-term care facilities becomes available in the county, discrepancies between various entities are visible. Data shows almost 80% of residents in Oakmont Healthcare and Rehabil- itation Center of Humble have tested SPONSOREDBY • Fountainwood at Lake Houston • The Groves • Kingwood Emergency Hospital MARKET AT AGLANCE 13 2020 EDI T ION REAL ESTATE

UMAIR A. SHAH, EXECUTIVE DIRECTOR OF HARRIS COUNTY PUBLIC HEALTH

A nursing home in Humble came under scrutiny in early June for an outbreak of COVID19 cases among its elderly residents. (Kelly Schaer/Community Impact Newspaper)

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THIS ISSUE

HIGHLIGHTS FROMTHISMONTH

MARKET TEAM GENERAL MANAGER Emily Heineman, eheineman@communityimpact.com EDITOR Kelly Schaer GRAPHIC DESIGNER Ethan Pham ACCOUNT EXECUTIVE Lagala Doran

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FROMEMILY: These have been very dicult days for our nation, our state and our community. Community Impact Newspaper takes our responsibility to build communities of informed citizens and thriving businesses to heart. We pledge to continue to bring you hyperlocal news as an informative, nonbiased platform. Our community is united, and I’ve been comforted by witnessing the many peaceful, meaningful discussions taking place throughout our area. Continue to listen, stand with your neighbor and be the light to all those around you.

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METRO LEADERSHIP PUBLISHER Jason Culpepper MANAGING EDITOR Matt Stephens ART PRODUCTIONMANAGER Tessa Hoee CORPORATE LEADERSHIP PUBLISHERS AND FOUNDERS John and Jennifer Garrett GROUP PUBLISHER Traci Rodriguez EXECUTIVE EDITOR Joe Warner CREATIVE DIRECTOR Derek Sullivan SALES DIRECTOR Tess Coverman WHOWE ARE John and Jennifer Garrett began Community Impact Newspaper in 2005 in Pugerville, TX. The company's mission is to build communities of informed citizens and thriving businesses through the collaboration of a passionate team. Today we operate across six metropolitan areas, providing hyperlocal, nonpartisan news produced by our full- time journalists in each community we serve.

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EMILY HEINEMAN, GENERAL MANAGER

FROMKELLY: In our annual Real Estate Edition, we provide insight into how the residential real estate market is performing in the Lake Houston, Humble and Kingwood area. On Page 13, readers will nd a snapshot of the market from June 2018-May 2020. Find our Home Improvement Guide on Page 16 to keep you busy at home during the coronavirus pandemic.

KELLY SCHAFLER, EDITOR

THIS ISSUE BY THE NUMBERS

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Local sources

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CORONAVIRUS COVERAGE All content in this print publication, both editorial and advertisements, was up to date as of the press deadline. Due to the fast-changing nature of this event, editorial and advertising information may have changed. Please visit communityimpact.com and advertiser websites for more information.

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LAKE HOUSTON  HUMBLE  KINGWOOD EDITION • JULY 2020

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COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM

IMPACTS

Businesses that have recently opened or are coming soon, relocating or expanding

COMPILED BY KELLY SCHAFLER

LAKE HOUSTON locations in June. The original Hum- ble location at A 1005 E. First St., celebrated 10 years June 1, while the New Caney location at B 21572 Market Place Drive, Ste. 200, in Valley Ranch Town Center celebrated one year June 1. Owned by Letty Martinez, the Humble shop specializes in custom cakes, and the second location focuses on cookies eighth Houston-area location for the Minnesota-based hardware store. Other tenants in the Park Air 59 development include Rooms to Go and Floor & Decor, which opened in November. www.northerntool.com 8 Partners in Primary Care , a senior-focused primary care center, plans to open Aug. 17 at 9688 FM 1960 Bypass Road, Hum- ble. Partners in Primary Care will have primary care doctors, pharmacists, social workers and activities for seniors. The Humble center also looks to hire 12 clini- cians and support team members before its opening. 832-330-4702. www.partnersinprimarycare.com ANNIVERSARIES 9 Yummy Tummy Pastries celebrated anniversary milestones at both of its and pastries in a coee shop setting. 281-446-0450 (Humble). 281-354-1515 (Valley Ranch Town Center). www.yummytummypastries.com 10 Sullivan’s Advanced Paint & Body Shop celebrated its 35th anniversary June 11. The family-run business, located at 22500 Loop 494, Kingwood, provides preventive work and repairs as well as collision services. Owner Danny Sullivan said the business launched various new services this year, including big rig tire replacement, glass repair and replace- ment, and motorcycle and ATV repairs. 281-359-3598. www.facebook.com/ sullivanspaintandbody CLOSINGS 11 RC’s NYC Pizza & Pasta , located at 21572 Market Place Drive, Ste. 100, New Caney, shuttered its doors May 17. According to a post on the business’s Facebook page, the franchise location is closing due to the impact of the corona- virus. RC’s NYC Pizza & Pasta two other locations in Kingwood and The Wood- lands are not aected by this closure. www.rcsnycpizza.com 12 24 Hour Fitness Atascocita at 7098 FM 1960 E., Humble, is now permanently closed. The national tness chain announced June 15 that it led for Chapter 11 bankruptcy due to the coronavirus pandemic. The release stated the company permanently closed more than 100 gyms across the U.S., including 12 in the Greater Houston area. www.24hourtness.com 13 Pier 1 Imports at 20524 Hwy. 59 N., Humble, permanently closed following a May 19 announcement from the compa- ny. Pier 1 Imports announced it would be permanently closing all of its stores due to the coronavirus, including at least 13

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The 21-acre Atascocita Park opened to the public on June 24.

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FEATURED IMPACT NOWOPEN The awaited 21-acre Atascocita Park opened to the public on June 24. Adrian Garcia, Harris County Precinct 2 commissioner, announced the park’s opening at the June 11 Atascocita BizCom. The park cost about $11.49 million— $5.3 million for the land acquisition, $5.02 million to build and $1.18 million for design-related services. It features a path system, a playground, a 2-acre pond with a boardwalk and a 1.5-acre dog park that will be split into two sections for small and large dogs. Although Atascocita Park, which is located at 17302 W. Lake Houston Parkway, was completed in April, county ocials held o the park’s opening due to the coronavirus, Precinct 2 ocials said. Precinct 2 Communications Director Frida Villalobos said parkgoers will be asked to social distance and wear face masks to help curb the spread of the coronavirus. ATASCOCITA PARK 17302 W. Lake Houston Parkway, Atascocita

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NOWOPEN 1 Miya Ramen Bistro held a soft open- ing May 15 at 4535 Kingwood Drive, Ste. 100, Kingwood. Co-owner Jia Tao, who is a Kingwood resident, said she wanted to open Miya Ramen Bistro— named after her granddaughter— because there are not many ramen places nearby. The opening was delayed from March due to the pandemic. The eatery serves a variety of Japanese-style dishes, including bento boxes, ramen and poke bowls. It also serves sake, wine and beer, and it will also oer boba tea 2 Alpha Omega Gymnastics & Dance opened June 8 at 1418 Northpark Drive, Kingwood, in the Centre at Northpark development. Owner Jerit Pogue said the gym oers recreational and competi- tive gymnastics and ninja warrior classes as well as recreational dance programs. Pogue said participants must be at least 4 years old to participate in the obstacle courses, but ages 16 months to adults can participate in gymnastics and dance classes. 281-969-7054. www.alphaomegagymnastics.com 3 The Royalton at Kingwood opened in early April at 21919 Northpark Drive, Kingwood. The 331-unit multifamily de- velopment has one- to three-bedroom apartments, featuring 9-foot ceilings and walk-in closets. The apartment com- plex includes a clubhouse with a game room, a tness center, a pool and a dog park. 281-791-0505. www.royaltonatkingwood.com in the future. 832-777-1973. www.miyaramenbistro.com

4 The Fordham at Eagle Springs , a 55-plus active adult community, opened its rst two buildings in June at 18021 Eagle Springs Parkway, Humble. Upon completion, the pet-friendly community will feature 137 units, a pool, tness center, business center, hair salon and a massage parlor. Some amenities and buildings are still under construc- tion, ocials said. The community began oering appointment-only tours beginning June. 281-812-1076. www.fordhamateaglesprings.com COMING SOON 5 Monarch Health & Wellness Bou- tique is set to open July 8 at 1414 North- park Drive, Ste. H, Kingwood, in The Centre at Northpark shopping center. Owner Rachel Kay said the healthy living boutique sells chemical- and preserva- tive-free groceries as well as eco- friendly beauty products and household goods. Prior to its opening, the shop has been selling items online for delivery. www.monarchhealthboutique.com 6 Imagine Early Education and Childcare will open a new location in late July at 6002 Atascocita Road, Humble. The child care facility will oer services for children ages six weeks to 12 years old. 833-742-4453. www.imaginechild.com 7 Northern Tool + Equipment will open a new store in the rst quarter of 2021 at the intersection of Hwy. 59 and Will Clayton Parkway in the Park Air 59 development, according to a news release from NewQuest Properties. The 22,016-square-foot space will be the

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in the Greater Houston area. 281-540-6191. www.pier1.com

Miya Ramen Bistro

COURTESY MIYA RAMEN BISTRO

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LAKE HOUSTON  HUMBLE  KINGWOOD EDITION • JULY 2020

TODO LIST

July events

COMPILED BY KELLY SCHAFLER

JULY 10 ATTEND A MONTHLY LIVE MUSIC EVENT Music on Main returns for its rst event since the coronavirus pandemic. Typically a monthly music event that kicks o in March, the Music on Main event will feature a performance from Lynn Logan Band. Attendees can bring their own lawn chairs. 7-9 p.m. Free. Uptown Park, 308 Main St., Humble. 281-454-4500. www.facebook.com/livemusiconmain 11 GO TO A MARKET The third annual Taste of Kingwood event returns to Kingwood Town Center Park with various food, drinks and shopping. Noon-5 p.m. Free. Kingwood Town Center Park, 8 N. Main St., Kingwood. 214-734-1917. www.koutourevent.com 23 VISIT AN AUXILIARY JOB FAIR New Caney ISD hosts a summer auxiliary job fair. The school district is hiring positions for bus drivers, food service, custodial, maintenance, groundskeeping and police ocers. 12:30-2:30 p.m. Free. Randall Reed Stadium, 21360 Valley Ranch Parkway, New Caney. www.newcaneyisd.org/careers 25 SEE A LIVE PERFORMANCE The Fab 5, a Beatles tribute band, performs at the Charles Bender Performing Arts Center in Humble. This is the rst performance inside the theater since the coronavirus pandemic began. The show is restricted to a 50% capacity, or 125-150 people. A matinee performance may be added if ticket sales continue. 7 p.m. $20. Charles Bender Performing Arts Center, 611 Higgins St., Humble. 281-446-4140. www.humblepac.com

JULY 11

LEARN THE BASICS OF HOME BREWING THE GRAIN CELLAR

JULY 11

RELAXAT ANOUTDOORMOVIE NIGHT REDEMPTION SQUARE

Locally owned business The Grain Cellar hosts a basic brewing class at the store. Attendees can learn how to brew a batch of beer from start to nish at the homebrew supply store. The Grain Cellar typically hosts at least two free classes per month ranging from how to make cheese to fermented vegetables. Noon-4 p.m. Free. The Grain Cellar, 240 First St. W., Humble. 832-777-0857. www.facebook.com/events/731088787627149

Redemption Square, a mixed-use district in the Generation Park development, invites the community to participate in summer movie nights. Guests are encouraged to bring blankets to a showing of “Avengers: Endgame” on July 11, “Frozen II” on July 18 and “The Lion King” on July 25. Guests are asked to wear masks and practice social distancing. 8:30 p.m. Free. Redemption Square, 250 Assay St., Houston. 713-860-3000. www.generationpark.com

Find more or submit events at communityimpact.com/event-calendar. Event organizers can submit local events online to be considered for the print edition. Submitting details for consideration does not guarantee publication. Disclaimer: July events are scheduled as of press time but are subject to change

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COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM

TRANSPORTATIONUPDATES

COMPILED BY KELLY SCHAFLER

LHRA plans funding for future Kingwood drainage projects The Lake Houston Redevelopment Authority is looking for partners to match their local funding for future drainage projects in its five-year capital improvement budget. LHRA board of directors finalized the fiscal year 2020-21 budget and the five-year capital improvement plan budget at the LHRA board meeting June 11. Projects funded in FY 2020-21 include the Kingwood Drive at Willow Terrace intersection improvements, the Northpark Drive Overpass Project, the Northpark Drive Reconstruction Project, and the Kingwood Drive at Woodland Hills Drive intersection reconstruction. Some of the projects funded in FY 2020-21 have funds appropriated in future fiscal years as well. At the May 14 meeting, LHRA officials discussed allocating an addi- tional $10 million to the Woodland Hills and Kingwood Drive intersection

LOCAL PROJECTS

project—bringing the total from $3.2 million to $13.1 million. However, LHRA Administrator Ralph De Leon said at the June 11 meeting that instead the project will be broken into different projects to allow for financial assistance from other entities. The Kingwood Drive and Woodland Hills Drive intersection reconstruc- tion project will cost $3.81 million. Meanwhile, LHRA officials broke the remaining drainage work into two budget items: secondary drainage mitigation projects for $2.58 million and primary drainage mitigation projects for $6.77 million. The Harris County Flood Control District has also committed to matching LHRA funds for a drainage project, De Leon said. He said the district has agreed to match the LHRA’s $3.38 million for drainage projects; however, De Leon said he hopes the district will agree to match $5.8 million to help fund the remain- ing portion of the project. “If flood control is amenable to a larger matching grant, ... then we can sort of tuck this into the bigger project,” he said.

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Loop 494 expansion The Texas Department of Trans- portation continues reconstructing Loop 494 between Sorters McClellan Road and Northpark Plaza Drive. The project will expand the road from two to four lanes and add a raised turf median and center turn lanes at intersections and sidewalks. In July, contractors will continue removing the existing roadway. The project was 14.64% completed as of mid-June. Timeline: July 2019-second quarter 2021 Cost: $14.3 million Funding source: TxDOT

Timber Forest Drive extension Harris County Precinct 2 is partnering with Harris County Precinct 1 and Humble ISD to extend Timber Forest Drive south of Madera Run Parkway. The project will create a four-lane bridge over the Union Pacific Corp. railroad with a median and sidewalks. The project, which will take approxi- mately nine months to complete, will create a thoroughfare to HISD’s future Elementary School No. 29. Timeline: early 2021-late 2021 Cost: $7.12 million Funding sources: Harris County pre- cincts 1 and 2, Humble ISD

ALL INFORMATION ON THIS PAGE WAS UPDATED AS OF JUNE 29. NEWS OR QUESTIONS ABOUT THESE OR OTHER LOCAL TRANSPORTATION PROJECTS? EMAIL US AT LHKNEWS@COMMUNITYIMPACT.COM.

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LAKE HOUSTON - HUMBLE - KINGWOOD EDITION • JULY 2020

CITY Humble Pipeyard Cemetery seeks historic landmark status

BY TREVOR NOLLEY

Jones received permission from the city to access the property and began clearing the site with the help of St. Mark’s Missionary Baptist Church—something Grace Church continues to this day. At least two dozen graves were ini- tially identied inside the property; however, in 2018, while working on a construction project, the city found at least 14 more graves in an area adjacent to the property, Cunning- ham said. He said the city is working to notify the property owner of the graves, making it unlikely future development can occur. A nal piece of the restoration project is seeing the cemetery receive a historic landmark designation, which Cunningham said he hopes to accomplish within two to three years. “All kudos goes to Pastor Scott and his congregation for giving these folks a peaceful rest,” he said.

Nestled down a gravel driveway o of FM 1960 is the Humble Pipeyard Cemetery—a relic from the days of segregation, following the incorporation of the city of Hum- ble in 1933. Cemetery caretakers estimate the site contains roughly 40 graves, many of which are African American residents. Humble City Council Member Charles Cunningham, who has helped restore and bring attention to the site since it was rediscovered in 2003, said he hopes to get the site designated as a historical marker with the state of Texas. After closing in the early 1960s, the cemetery was forgotten for decades until 2003, when Cunningham com- missioned the help of Scott Jones, a senior pastor of Grace Church, to help bring the attention of the city of Humble to the site.

Charles Cunningham hopes to get the Humble Pipeyard Cemetery a historical landmark status within three years. (Trevor Nolley/Community Impact Newspaper)

HISTORIC SITE Caretakers of the rediscovered Humble Pipeyard Cemetery said additional graves were located in an adjoining property.

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Grace Church and St. Mark’s Missionary Baptist Church care for the historic cemetery.

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SOURCE: CHARLES CUNNINGHAM COMMUNITY IMPACT NEWSPAPER

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Hospitalitymoves slowly toward recovery inGreater Houston area

BY KELLY SCHAFLER

week ending June 6. However, the occupancy rate is a 39.9% change over the same time last year, down from 62.5%. STR data shows occupancy rates across Montgomery County dipped as low as 20.7% occupancy the week ending March 29 but then slowly increased to 45.9% the week of June 6—a change from last year’s occupancy rate of 62.6%. Furthermore, the George Bush Intercontinental Airport submarket, which includes the Humble area, is also bouncing back. Hotels in the market had a 43.8% occupancy rate the week of June 6. “For next year, we’re forecasting a pretty signicant rebound but still not reaching where the industry ended in 2019,” Hoyt said. “With the severe decline that we saw over the last couple of months, it’s going to be a long road to recovery.”

Hotels across the Greater Houston area continue to struggle as busi- nesses reopen amid the coronavirus. Hotels in Harris and Montgomery counties averaged less than 50% occupancy in early June, according to STR, a global hospitality industry analytics company. However, Ali Hoyt, STR’s senior director of consulting and analytics, said occupancy rates have been climbing slowly in the Greater Hous- ton area. STR has also seen an uptick in Friday and Saturday bookings, signaling a return of weekend leisure travel, Hoyt said. “We were encouraged by the fact that these numbers are improving,” she said. Hotels in Harris County had an average occupancy rate of 23.2% between March 29-April 18 and an average of 37.5% occupancy in the

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HISDapprovesbudgetwithout raises

BY KELLY SCHAFLER

to all employees. However, the district is investing $8.3 million to add positions, includ- ing 88 new teachers, 30 paraprofes- sionals and 17 sta members. HISD is also investing $925,000 to increase employee benets and $200,000 to adjust salaries for increased duties during the coronavirus, according to the budget. 202021 BUDGET PLANS Humble ISD approved its scal year 2020-21 operating budget June 16. Here are some of the highlights.

The Humble ISD board of trustees unanimously approved a scal year 2020-21 budget and sta compensa- tion plan without raises in a special meeting June 16. Superintendent Elizabeth Fagen said the district expects a downturn of the economy and the oil industry to negatively aect education fund- ing in the future. “We are being cautious ... because we know that the economy of the state of Texas has been impacted by some decisions that were made as far as staying home and closing businesses,” she said. The district’s operating budget revenue, which includes anticipated local, state and federal revenue, is set at $448.35 million, according to the budget presentation. The district expects to spend $434.48 million in the operating budget this year—leav- ing about $13.87 million in surplus. Due to anticipated revenue declines in future budgets, HISD will not be oering salary increases

sanjac.edu/generation-park genpark@sjcd.edu

REVENUE SOURCES

FEDERAL $4.6M

$195.31M LOCAL

TOTAL $448.35 MILLION

$248.44M

STATE

HISD plans to spend $434.48M in operating expenditures, saving $13.87M for future budget shortfalls.

SOURCE: HUMBLE ISD COMMUNITY IMPACT NEWSPAPER

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LAKE HOUSTON  HUMBLE  KINGWOOD EDITION • JULY 2020

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COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM

CITY& COUNTY

News from Harris County and the city of Humble

Humble citymanager ‘hopeful’ for rebound of local economy

Harris County issues stay-at-home advisory, increases threat level

Harris County updated several advisories in June. (Courtesy Ready Harris)

BY KELLY SCHAFLER

BY DANICA LLOYD

Stuebe said the data reassured him that the city will not have to make signicant cuts to make up lost revenue. “In April I called it a bloodbath— now I’m calling it a storm we’re going to get through,” he said. SALES TAXDECLINE The city of Humble saw a 24% decrease in sales tax revenue in April, according to state data.

HUMBLE The city of Humble’s sales tax revenue took an almost 24% hit year over year in April due to the coronavirus pandemic. Despite the decline, Humble City Manager Jason Stuebe said he is hopeful for the rebound of the local economy. According to sales tax data from the Texas comptroller’s oce, the city of Humble received about $802,069 in April, $252,328 less than April 2019. The city of Humble has collected $545,776 less in 2020 ver- sus 2019, from $4.27 million in 2019 to $3.73 million this year to date. Although the city saw a loss of more than $250,000, Stuebe said it did not reach the $475,000 decrease

HARRIS COUNTY Judge Lina Hidalgo announced eective June 26 a new stay-at-home advi- sory nearly identical to the order put in place in late March in an eort to bring the rising COVID-19 case curve down. While county leaders no lon- ger have the authority to issue “enforceable” stay-at-home orders, Hidalgo said she is urging residents to stay home except for essential needs, such as going to the grocery store, getting food and picking up medicine. Additionally, nonessen- tial travel and business should be avoided as well as gatherings with individuals outside one’s home, she said. “The eyes of not just the nation but the world are upon us, and history will remember the action we take,” she said. “It is incumbent on

all of us to buckle down and to act.” The announcement came hours after Gov. Greg Abbott tightened business restrictions again, limiting restaurants across the state to oper- ating at 50% capacity and closing bars statewide. The state’s leader also announced June 25 he will pause further reopening plans for the time being to “help our state corral the spread” of COVID-19. On June 26, Hidalgo said she is also elevating the county’s COVID- 19 threat level from “signicant” to “severe,” which is the highest threat level possible in the sys- tem. Hidalgo said data from local hospitals, new case numbers and the rising death toll have informed her decisions to reinstate recom- mendations that helped atten the curve in the past.

2019 2020

$1.3M

$1.1M

$0.9M

he anticipated last month. “That does make me more

$0.7M

0

hopeful that the recovery will be a little more of a faster trajectory back to normal,” he said.

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COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM

REAL ESTATE 2020EDITION

2020 REAL ESTATE EDITION

COMPILED BY KELLY SCHAFLER

DAYS ON THEMARKET AVERAGE June 2018-May 2019

June 2019-May 2020

201820 LAKE HOUSTON  HUMBLE  KINGWOOD REAL ESTATE MARKET AT A GLANCE 99 TOLL 1314

77044 -6.8%

77338

77339

77365

59

55

33

38

42

42

+15.2%

0%

77339

77345 77346 77044

The real estate market fared well in most Lake Houston-area ZIP codes in the 12-month span from June 2019-May 2020 compared to the prior 12 months. Overall homes sold in the area increased despite a decline in the number of homes sold in Montgomery and Harris counties in the same time period.

1960

77338

77345 +16%

77346 +11.1%

77365

50

58

54

60

65

73

+12.3%

77396

59 +1.7% Montgomery County 60

+1.33% Harris County

59

77396 -5.7%

N

75

76

53

50

HOMES SOLD NUMBER OF

June 2018-May 2019

June 2019-May 2020

HOME SALES PRICE AVERAGE

June 2018-May 2019

June 2019-May 2020

824

470

615

+1.46%

-8.51%

+9.76%

$166,000 $179,000 +7.83% $257,000 $263,000 +2.33%

$231,000 $237,000 +2.6% $256,000 $260,000 +1.56%

$236,000 $259,000 +9.75% $317,000 $316,000 -0.3% $233,000 $229,000 -1.7%

836

430

675

649

459

1,362

+17.1%

+8.71%

+12.11%

760

499

1,527

738

Studying the stats +5% 4 out of 7 ZIP codes saw more than a 5% increase.

718 -2.71%

SOURCE: KENDRA LEE, BETTER HOMES AND GARDENS REAL ESTATE GARY GREENECOMMUNITY IMPACT NEWSPAPER

13

LAKE HOUSTON  HUMBLE  KINGWOOD EDITION • JULY 2020

14

COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM

REAL ESTATE 2020EDITION

ECONOMY

Ocials: Pandemic economic losses do not trigger tax relief

Property appraisals in Harris and Montgomery counties increased between 2019 and 2020. Here is how Lake Houston-area home values changed. 2019 2020

CHANGING VALUES

+4%

BY SHAWN ARRAJJ & ANDY LI

$300,000

August 2017, the Texas Legislature passed a law that allows property damaged in a natural disaster to have exemptions applied to home values that could range from 15%-100%. In his ruling, Paxton said the law only applies to physical damage, not economic loss. Across Texas, more than 2.68 mil- lion Texans have led for unemploy- ment since mid-March, according to Texas Workforce Commission data. “Purely economic, nonphysical damage to property caused by the COVID-19 disaster is not eligible for the temporary tax exemption provided by [that section] of the Tax Code,” Paxton wrote. State Sen. Paul Bettencourt, RHouston, who authored the 2019 bill Paxton referenced, said he was not surprised by the ruling. “That’s the real issue with what we’re facing now,” Bettencourt said in an April 22 phone interview. “It’s

+6%

Amid the coronavirus pandemic, homeowners in Harris and Montgom- ery counties received 2020 property value notices in May from their respective county appraisal districts. In some areas of the Lake Houston area, property appraisals increased by as much as 11% year over year. Kingwood saw a 4% increase in value, Atascocita saw a 6% increase and Humble saw an 11% increase, according to Harris County Appraisal District data. Additionally, Montgom- ery Central Appraisal District data shows the values in the New Caney and Porter municipal utility districts increased 24% and 7%, respectively. Although a disaster declaration has been made for the state of Texas, that declaration is not going to trigger property tax relief, Attorney General Ken Paxton said in an April ruling. After Hurricane Harvey hit in

+11%

+7%

$200,000

+24%

$100,000

0

Kingwood Humble Atascocita Porter MUD

New Caney MUD

SOURCES: HARRIS COUNTY APPRAISAL DISTRICT, MONTGOMERY CENTRAL APPRAISAL DISTRICT COMMUNITY IMPACT NEWSPAPER

purely economy activity damage.” HCAD spokesperson Jack Barnett said 2020 home values were assigned based on data gathered prior to the economic downturn. Any change in value caused by the pandemic will be reected in 2021 values, he said.

Meanwhile, similar issues are happening in Montgomery County. Montgomery County Chief Appraiser Tony Belinoski said legislative action would be needed to deviate from its current system of assigning property values on Jan. 1 of each year.

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LAKE HOUSTON  HUMBLE  KINGWOOD EDITION • JULY 2020

GUIDE

A guide to home and garden projects with advice from local businesses

HOME IMPROVEMENT &MAINTENANCE 2020 Lake Houston | Humble | Kingwood

Owner Rick Alspaugh opened Alspaugh’s True Value Hardware in Kingwood with his dad, Dick, in 1987. Now called Alspaugh’s Hardware & Boutique by Kellyannette, the store oers a variety of tools, building supplies, garden items, equipment rentals, assembly assistance and some repairs. During the coronavirus pandemic, Alspaugh said business has been steady thanks to the support from the Kingwood community. “With everybody being home, we’ve actually been a little busier because everybody’s home xing stu,” he said. Alspaugh recommended a few simple improvement projects people can tackle at home.

1

5

2

4

SIMPLE HOME PROJECTS 1 PAINT Painting interior walls or spray painting deck furniture can transform indoor and outdoor spaces. 2 PRESSURE WASH Homeowners can rent or buy a pressure washer to refresh their home’s exterior,

3

4 REFRESH GRILLING EQUIPMENT With summer in full swing, homeowners can buy charcoal, clean their grills and replace grilling utensils to host a barbecue. 5 ORGANIZE THE GARAGE Straighten up the garage by adding shelving, putting items in clear plastic containers or installing new lighting to brighten the space.

Alspaugh’s Hardware&Boutique 2720 W. Lake Houston Parkway, Kingwood 281-360-2231 www.alspaughs.com

N

decks, driveways or sidewalks. 3 REDO SPRINKLER SYSTEM

Taking the time to clean sprinkler systems, replace or adjust heads and add risers can help water the grass more eciently.

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COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM

REAL ESTATE 2020EDITION

COMPILED BY KELLY SCHAFLER

TIPS FROMA LANDSCAPER TIPS FROMA CONTRACTOR WITH COREY KRUTILEK FROM YARDBIRDS LANDSCAPING INC. WITH BRUCE SOMMERS FROM ASHWORTHDESIGN&REMODELING LLC

Projects homeowners should not do themselves

Landscaping tricks

Kingwood native Corey Krutilek founded YardBirds Landscaping Inc. in

Bruce Sommers has been remodeling homes since 1983. He opened Ashworth

YardBirds Landscaping Inc. 22225 Adams St., Porter 281-577-9094 www.yardbirdslandscaping.com 2. Krutilek said homeowners should water the lawn early in the morning to give the water time to soak in before the sun burns it o. 1. Krutilek recommends lifting lawnmower blades and cutting the grass higher and more frequently during the summer. Longer grass shades the ground and keeps it from drying out.

STRUCTURAL

MECHANICAL

1995. His Porter-based business oers a full array of landscaping services, such as maintenance, design and construction, mostly to the Lake Houston area and The Woodlands area. WHAT ARE SOME COMMONLY OVER LOOKED LANDSCAPING ISSUES? Drainage is a big one. All the new homes that are being built have horrible drainage, and it changes over time too even with the older ones. Trees grow up, and it changes the contour of the land, and problems begin. HOW HAS YOUR BUSINESS CHANGED WITH THE CORONAVIRUS PANDEMIC? We’ve stayed very busy, but I noticed we were bidding a lot of larger projects back in February and March, and so many of them got put on hold. We stayed very busy doing smaller cleanups, and I think with a lot of people home they wanted to get things cleaned up, so we stayed real busy doing all that. And now, believe it or not, it feels like the bigger [projects] are coming back around.

WHAT IS THE MOST COMMON RENOVA TION YOU HAVE DONE RECENTLY? The big thing right now is bathroom and kitchen renovations—sometimes remodels, mostly renovations—and then outdoor kitchens. Those are the three big items. Of course, we can do a lot more than that, but that’s what people are asking for right now. WHAT SHOULD HOMEOWNERS LOOK FOR BEFORE HIRING A CONTRACTOR? Do not accept a copy of an insurance certicate—that’s how a lot of scam artists get in. Get a certicate from the insurance agent, and it’s called an ACORD form. It tells you if they have insurance, when it started and when it ends. Because they may have insurance now, but next month they don’t, and that’s when you’re doing the project. Design & Remodeling LLC in 2011. His business is a full-service design and construction company that does remodeling and renovations and builds custom homes from concept to completion.

ELECTRICAL

ROOFING

PLUMBING

AshworthDesign& Remodeling LLC 3218 Holly Green Drive, Kingwood 281-772-6994 www.ashworthdesignbuild.com

494

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N

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LAKE HOUSTON  HUMBLE  KINGWOOD EDITION • JULY 2020

Your success is our priority. Close. Flexible. Affordable. Lone Star College.

06.09.20.04

REAL ESTATE 2020EDITION

CONTINUED FROM 1

Overall, average home sale prices in parts of the Lake Houston area have increased since last year. Real estate professionals said the demand for homes is currently larger than the supply.

INVENTORY IS LOW, WHICH ISWHAT IS DRIVING SOME OF THE PRICES UPON SOME OF THE HOMES BECAUSE OF THE FACT THERE’SMUCHMORE OF DEMANDANDNOT ASMUCH SUPPLY.” TIM UNDERWOOD, SENIOR LOAN OFFICER AT MOVEMENT MORTGAGE Houston-The Woodlands-Sugar Land area 2020 2019 VS. 2020 HOME INVENTORY SUPPLY 2019

&

2019 2020 Average home sales price

Summerwood/Fall Creek Five-month averages increased 4.6% year over year.

$350K

Kingwood

$300K

Five-month averages decreased 0.25% year over year.

had a 3.6MONTH

had a supply in April 2019. 3.8MONTH

$250K

Atascocita

supply of in April 2020.

Five-month averages increased 0.97% year over year.

averaged a 3.2MONTH supply in April 2020. averaged a 3.5MONTH supply in April 2019. Atascocita South & Kingwood areas*

$200K

Humble

Five-month averages increased 3.86% year over year.

$150K

Jan.

Feb.

March

April

May

0

*HUMBLE DATA WAS NOT AVAILABLE.

SOURCES: HOUSTON ASSOCIATION OF REALTORS, DEBORAH ROSE REALTY, TEXAS A&M UNIVERSITY REAL ESTATE CENTERCOMMUNITY IMPACT NEWSPAPER

TRACKINGMORTGAGE RATES The U.S. weekly average rate for a 30-year mortgage is trending downward, and Tim Underwood, senior loan ocer at Movement Mortgage, said reports predict interest rates will drop to 2.99% in July.

to last year, according to data from the Houston Association of Realtors. Deborah Rose-Miller, an indepen- dent broker agent for her company, Rose Realty, said she believes this dip is encouraging. “The fact that we only lost 5% is good,” Rose-Miller said. “How high could we have been if we had not had this pandemic?” Local real estate professionals attributed the steady market to fewer homes on the market, the resiliency and price diversity of the Lake Houston area, and low interest rates. A resilient market HAR data shows the Lake Houston area—which comprises Kingwood, Humble, Atascocita, and the combined Fall Creek and Summerwood areas— saw 29 fewer home sales amid the pan- demic fromMarch 17-June 4 compared to the same time period in 2019. However, because the area had 73 more home sales between Jan. 1- March 16 than the same time last year, the Lake Houston area saw a 2.63% increase in home sales year over year between Jan. 1-June 4, per HAR data. Factors pushing home sales include the area’s proximity to the airport and the plethora of price ranges, Rose- Miller said. However, not all parts of the Lake Houston area are performing equally. HAR data shows Humble-area home sales declinedmore than20%between March 17 and June 4 year over year.

Rose-Miller said the decrease is likely due to the lack of newly built homes in the city as well as fewer homes compared to nearby areas. HAR data shows average home sale prices increased in most areas between March and May. Kingwood, Atascocita, and the Summerwood and Fall Creek communities saw sale prices increase year over year in two out of three months from March to May; Humble’s average home sale price increased all three months. Interest rates and inventory Low interest rates and a tight inven- tory of homes have also helped sus- tain the real estate market during the coronavirus, said Tim Underwood, senior loan ocer at privately owned bank Movement Mortgage. Underwood said interest rates are lower than they have been in decades, making renancing a home mortgage or moving to a new home more attractive. Mortgage rates hit an all-time low in late April at 3.23%, according toweekly data from Freddie Mac, also known as the Federal Home Loan Mortgage Corp. Although interest rates are sub- ject to change quickly, Freddie Mac projected mortgage rates will drop to 2.99% in July, Underwood said. “I’ve seen ... people take advantage of the lower rates as far as upgrading their existing home,” he said. Mary Beth Hughes, an independent broker agent for her Kingwood-based

0 3.1% 3.2% 3.3% 3.4% 3.5% 3.6% 3.7% 3.8% 3.9% 4%

3.82%

3.73%

3.56%

3.13%

3.36%

3.21%

SOURCE: FREDDIE MACCOMMUNITY IMPACT NEWSPAPER June 11, 2020 March 12, 2020 Dec. 12, 2019

June 13, 2019 Sept. 12, 2019

company, Platinum Service Realty, said she has seen an increase in busi- ness during the coronavirus pandemic due to low interest rates. With a 4.5% interest rate on a 30-year loan of $225,000, homeown- ers would pay an estimated $1,748 per month, Hughes said. Meanwhile, a 3.5% interest rate for the same loan is about $1,587 monthly. “You could buy a bigger house and have a smaller payment; who wouldn’t want that? You get more for less,” she said. A tight inventory in the Lake Hous- ton area is also contributing to the resiliency, Underwood said. “Inventory is low, which is what is driving some of the prices up on some of the homes because of the fact there’s much more of demand and not

as much supply,” he said. In May, HAR data shows the Greater Houston area saw its months of inventory—or supply of single-family homes—dip compared to last year, with a 4.1-month supply in May 2019 and a 3.5-month supply in May 2020. Hughes said she has seen fewer homes on the market this year because people are reluctant to visit homes or have people in their houses, but she believes the supply of homes will rebound by the fall. “If things open in July, we’ll have record sales in July and August because people like to move while school is out now,” she said.

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