The Woodlands Edition | July 2023

THIS ISSUE

MARKET TEAM GENERAL MANAGER Nicole Preston SENIOR EDITOR Vanessa Holt REPORTERS Cassandra Jenkins, Jessica Shorten GRAPHIC DESIGNER Chad Inmon ACCOUNT EXECUTIVE Crystal Shaer METRO LEADERSHIP PUBLISHER Jason Culpepper SENIOR MANAGING EDITOR Matt Stephens COPY EDITOR Adrian Gandara ART PRODUCTION MANAGER Ethan Pham CONTACT US 16300 Northwest Freeway Houston, TX 77040 • 2814696181 CI CAREERS communityimpact.com/careers PRESS RELEASES wdlnews@communityimpact.com ADVERTISING wdlads@communityimpact.com Learn more at communityimpact.com/advertising EMAIL NEWSLETTERS communityimpact.com/newsletter SUPPORT US Join your neighbors by giving to the CI Patron program. Funds support our journalistic mission to provide trusted, local news in your community. Learn more at communityimpact.com/cipatron ABOUT US Owners John and Jennifer Garrett launched Community Impact in 2005, and the company is still locally owned today. We have expanded to include hundreds of team members and have created our own software platform and printing facility. CI delivers 35+ localized editions across Texas to more than 2.5 million residential mailboxes.

HIGHLIGHTS FROM THIS MONTH

FROM NICOLE: Our Home Edition this month examines local real estate trends to help you make decisions about home buying, selling and upkeep. See Page 32 for our Home Improvement Guide if you are looking to make some changes in your home or have questions about topics like interior design. Our snapshot of the local real estate market lends some insight into how sale prices and general demand have changed over the past year (see Page 31). Don’t forget to subscribe to our newsletter to read more about news in your community as it happens. Nicole Preston, GENERAL MANAGER

FROM VANESSA: The Woodlands villages are mostly built out for single-family homes, but new home development has taken o in recent years east of I-45. Our front-page story looks at this trend and how it aects the overall real estate market in south Montgomery County. We talk to local experts about what new amenities are coming and what these new master-planned communities will oer for homebuyers in the region. The explosion of new development is also aecting schools. On Page 23, we check in with Conroe ISD about how school construction projects in the area are progressing. Vanessa Holt, SENIOR EDITOR

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It was a good first half of the year for the stock market averages, but upon further review it was somewhat muted for stocks in general. There were a handful of stocks led by the likes of Apple, Amazon, Meta, Tesla, Google and Nvidia that because they represent such a large percentage of the indexes, sent market averages like the S&P 500 and the Nasdaq soaring higher. It was more like the S&P 10 were up extensively while the remaining S&P 490 were basically flat. We’ve seen this distortion more than once over the past decade and a half and it can last for a while. But for markets to have a good second half of the year it would be nice to see a broadening of participation. Time will tell. Stay tuned. MONTHLY COMMENTARY

For our daily commentary and all disclosures, visit www.chjwealthmanagement.com 10200 Grogan’s Mill Road, Suite 340 • 281-298-2700

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THE WOODLANDS EDITION • JULY 2023

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