The 1998 record of 1,450 home sales has already been broken.TWOC has sold 1,496 units to date, and it keeps on selling. For thefirst time, new home sales have exceeded 100 each month for thefirst 10 months of this year. June's sales 197 total represents thehighest one-month total ever recorded for The Woodlands. TheOctober total of 148 had topped a record-setting October 1998 tallyof 121 sales.

To make sure it meets that 1,700 target by year's end, thecompany has introduced a "New Home for the Holidays" promotion. A$1,000 Foley's gift certificate and builders' specials are beingoffered as incentives to buy a new home before Dec. 31.Registration is being done via the Homefinder Center.

President and CEO Michael H. Richmond told GlobeSt.com that "thegreat variety of new homes offered in The Woodlands - includingaffordable residences and those in neighborhoods designedespecially for active adults - is a key factor in theserecord-breaking results."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.