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March Sales Surge to 27 Percent

For developers and builders in Houston, weary from slow sales and pessimistic forecasting, it appears the tides may be turning in their favor. In a new statistic released this week, the government says sales of new homes surged 26.9 percent in March. This is the largest one-month gain in five decades.

The Department of Commerce report “Texas sales of single-family homes were at an annual rate of 411,000 in March and new home sales were up 23.8 percent from a year earlier.”

Sales of single-family homes in the Houston market posted a 10.8 percent increase in March which was more good news for the approximately 7 month supply (nearly 230,000 in inventory) of new homes on the market at the end of March.


Experts say it’s all about appealing to the homebuyers’ “wish list” – and offering a plan that not only fits their needs, but is also tailored to the way they really want to live.

“We found that homeowners are willing to pay more to get the size home they want – and the features they want,” says Gopal Ahluwalia, vice president of research for the National Association of Home Builders, summarizing NAHB’s annual consumer preferences study at the International Builders Show in February.


A report issued Friday by IHS Global Insight confirms the local economist’s optimistic observations regarding the stability of Houston home prices, which is music to the ears of Houston area development groups.

Across the country, house prices in extremely overvalued U.S. metropolitan areas declined nearly 37 percent on average between 2005, the peak of the real estate bubble, and the end of 2009 when prices stabilized, according to IHS’s fourth quarter 2009 report.


Uncovering the Vintage community

To most passer-byers the Vintage Park is an upscale retail center, but what lies beneath the Mediterranean-styled architecture and well-manicured landscaping is more than stores and restaurants.

In 2004 Walter Mischer Sr. persuaded Vincent Kickerillo to join forces in a real estate deal that would change Northwest Houston with the purchase of a 630-acre tract of land at Louetta Road and Highway 249.

For more of this story, click on or type the URL below:

http://www.hcnonline.com/articles/2009/12/01/spring_observer/news/49sovi ntagetourwv.txt


Mischer Honors National Trail Day

This year National Trail Day was celebrated at the Kickerillo-Mischer Preserve where Precinct 4 Parks Department staff and volunteers helped to clear nature trails of debris. The event was a beautification project that will prepare the Preserve for the infrastructure development that Precinct 4 is currently designing.

The Kickerillo-Mischer Preserve was purchased by V&W Partners, LTD. and is an 81.80-acre park with a 40-acre lake on the outskirts of The Vintage, located at Texas Highway 249 and Louetta Rd. Plans for the Preserve began as a way to protect the floodplain land located along the northeast side of Cypress Creek at 249, but the plans have been extended to include construction of an education center, picnic areas, canoe docks and an extensive system of trails winding through beautiful nature areas, and connecting to the Preserve’s surrounding parks and neighborhoods, like Cypress Creek Ranch.

With so many plans eager to be underway, the cleaning crew had their work cut out for them. Volunteers included students from Hamilton Middle School and Houston Can Academy, community members from REI-Willowbrook and Friends of the Kickerillo-Mischer Preserve, as well as staff form Precinct 4, such as Harris County Commissioner Jerry Eversole. “We are always pleased to work with developers like V&W Partners and community groups who have a vision for creating parkland and whose work ultimately enhances the quality of life in the community,” said Eversole earlier this year.

Hopes for the Preserve are high, not just as a backdrop for The Vintage, but as a community park that everyone can enjoy. “The significance of the Preserve is that it maintains open spaces for the community to fish, hike, bike, birdwatch, canoe and simply enjoy the peacefulness of a natural setting,” said Linn Smith of the Friends of the Kickerillo-Mischer Preserve.

Thanks to the hard work by community volunteers, these hopes and aspirations can start to become a reality in the very near future.


Vintage Park Welcomes Two New Tenants

The Interfin Companies LP has announced the opening of one new retail store and one new restaurant at Vintage Park. Jeanne’s Monogramming & Gifts and Peli Peli are now open for business.

For the last 12 years, Jeanne’s Monogramming & Gifts, which is relocating from its Louetta Rd. and Champions Dr. location, has specialized in unique monogrammed and embroidered items. Meanwhile, Peli Peli is an upscale casual restaurant located in the central Piazza at Vintage Park. Vintage Park is also featuring live music on the Piazza from 7-9 p.m. on Thursdays and Fridays.

 Source: Houston Chronicle


Mischer Development, developers of Cypress Creek Lakes in Cypress, TX, and River Park West in Richmond, TX, prides itself on shaping communities to enrich the lives of its residents. This goal is achieved through careful planning and execution of the master plan of each of its communities. Mischer designs communities with a wealth of amenities like swimming pools, playgrounds, hike and bike trails, lake and water features, sports fields and on-site schools. With prices starting at approximately $200,000 in each of its communities, Mischer has created communities that are not only beautiful, but also affordable.


The Greater Houston Builders Association has named Roy Behrens with Mischer Investments, LP. Developer of the Year for 2008.   Roy has been a longstanding and hardworking member of the Developers Council for many years.  He is committed to his profession as he quietly works within the industry with an uncompromising level of professionalism. Roy, as Vice President, has been with Mischer Investments for 33 years and has completed over 30 developments in and around the Houston Area.

Roy has been active not only within the GHBA but also in the formation of regulatory policies concerning Harris County, actively participating on the Harris County Monumentation and Landscape task force as well as representing the Community Developers Council on the Harris County Frontier Drainage Committee. Roy’s current activities include the West Houston Associations Plan 2050 committee on regional wastewater initiatives, President of HCMUD #196 and is an advisory committee member of the Houston Community College West Campus.  He has also been a member of the Advisory Committee for The Association of Water Board Directors since 1985.


V and W

V&W Partners Contribute Land to Harris County for the 148 Acre Kickerillo-Mischer Preserve

Kickerillo and Mischer's V&W Partners, Ltd. announce today that Harris County Commissioners Court accepted the conveyance of an 81.80 acre park, including a 40 acre lake, from within V&W's 630-acre master planned mixed-use development known as The Vintage. The 81.80 acre property, located in Harris County Commissioner Jerry Eversole's Precinct 4, is adjacent to Cypress Creek and is the centerpiece of what will eventually be a 148-acre nature park called the Kickerillo-Mischer Preserve.


Cypress Creek Lakes

Mischer Development donates playground equipment to new CFISD school

Longtime Houston development company Mischer Development donated $10,000 to Warner Elementary School for the purchase of additional playground equipment for the newly opened CFISD school.

Mischer developed the 1,400-acre community, Cypress Creek Lakes, which borders Warner Elementary. Roy Behrens, senior project director for Mischer, presented the check to Warner principal Michael Maness at the school on Sept. 19.


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