All Press Releases for January 24, 2011

Katy Fulshear Community Firethorne Achieves Record High in 2010 New Home Sales; 254 Home Sales Represent 6.7% Increase Over 2009

Katy Fulshear, Texas community Firethorne continued its record-breaking ways in 2010, selling 254 new homes, an all-time high for the five-year-old residential development. This represents a 6.7 percent increase in new home sales over 2009.



    KATY, TX, January 24, 2011 /24-7PressRelease/ -- Katy Fulshear Texas community Firethorne continued its record-breaking ways in 2010, selling 254 new homes, an all-time high for the five-year-old residential development. This represents a 6.7 percent increase in new home sales over 2009, when the 1,400-acre master-designed community marked its previous record-breaking 238 homes sold.

Katy, Texas has been named the #1 of the ten most notable high-growth areas in the U.S. last year, according to the Gadberry Group's 10 from 2010.

"The continued growth of the Katy/Fulshear/West Houston economy, the Federal tax credits for first-time homebuyers (offered earlier in the year), our outstanding public schools and ongoing support from the local Realtor community have fueled the success we achieved in 2010," said Firethorne General Manager Wayne Meyer. "Realtors have been instrumental to our growth, generating more than 80 percent of our 2010 new home sales." The industry norm in a new community such as Firethorne is 60 percent Realtor -generated home sales.

Katy-area Realtors Jimmy Franklin of ReMax Grand, followed by Jay Thieme ReMax Cinco Ranch, ranked as Firethorne's Top Producing Realtors in 2010.

Project-to-date, Firethorne has sold 1,132 new homes. The Firethorne homebuilders are Coventry Homes, Highland Homes, Partners in Building, Perry Homes, Plantation Homes and David Weekley Homes.

In terms of growth, energy companies have relocated employees to the area, plus three major Houston hospitals are expanding in the Katy/West Houston areas, including Texas Children's Hospital-Katy, Memorial Hermann-Katy and The Methodist Hospital-Katy. Firethorne is located 10 and 15 miles west of the Texas Medical Center-West Campus and Houston's Energy Corridor, respectively.

Katy Fulshear's Firethorne community west of Houston is attractive to the Houston relocation market with its location in the top-ranked Katy Independent School District and Lamar Consolidated Independent School District, and availability of lots typically found in the country with all of conveniences of master-designed recreational amenities, such as state-of-the-art technology and nearby shopping, retail, dining, entertainment, schools and medical facilities. The residential community features 150 acres devoted to parks and recreational amenities, a 12-acre lake with surrounding greenbelt, resort-style swim center, sports fields, hike/bike trails, parks and playgrounds, discovery-rich wildlife observation area and a natural bird habitat. It's where the vibrancy of West Houston meets the small-town charm of Katy Fulshear.

To go to Firethorne, take I-10 west and exit Pin Oak to FM 1463, go to www.firethorne.info, or call 281-693-1011.

Katy Fulshear community Firethorne's success reflects that Katy, Texas has been named the #1 of the ten most notable high-growth areas in the U.S. last year, according to the Gadberry Group's 10 from 2010.

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