ExxonMobil’s Relocation Increases Housing Demand in The Woodlands and Surrounding Area

As ExxonMobil employees prepare to move into the new 345 acre campus just south of The Woodlands, many residents from Fairfax, VA have begun their home search in Houston, Spring, Tomball, The Woodlands and more.  The new facility is the largest construction project in the nation, and has already increased demand for homes around the campus.

To educate those relocating from Fairfax, VA, several leaders from The Woodlands, Spring, Tomball and Houston flew to Fairfax for ExxonMobil’s Houston Relocation Fair.  The event was held to help the employees relocating learn about the different communities, schools and amenities in the Greater Houston Area.  Representatives from Conroe ISD, Spring ISD, Humble ISD, Klein ISD, The Woodlands Development Company, and more offered the 3,500 employees and family members plenty of information about the area, its amenities and schools.

At the fair, education was among the top concerns for parents, as they are moving from an excellent school district in Fairfax, VA.  Families had already been conducting their research on the area’s schools, and were familiar with Conroe ISD and Klein ISD because of their high academic performance and extracurricular activities.

Fairfax, VA is known as an active community, so the residents were especially impressed with what The Woodlands has to offer.  They were intrigued with the area’s parks, pathways and outdoor amenities; not to mention, the community involvement.  In addition, many attendees were interested in the Tomball community for its small town appeal.  Plus, Tomball already has new home sites planned to be built to accommodate the surplus of movers coming to the area.

With low housing inventory throughout The Woodlands, Spring and other areas in close proximity to the ExxonMobil campus, demand for homes is about to sky rocket as the employees begin relocating in 2014.  Builders are taking advantage of the good economy and job growth and have already started building new homes just minutes from the campus, located on the south border of The Woodlands.  Starter homes from the $80s to $1 million luxury estates will be built throughout the area.  However, for those considering selling their home and taking advantage of the market while it remains hot, this is the perfect real estate climate for sellers.  Homes in The Woodlands and surrounding area are selling as quickly and for as much profit as possible because of low inventory and high demand. Many homes in Spring and The Woodlands are selling above the listing price.  Not to mention, while interest rates remain low, it is the ideal time to buy!

Whether you are relocating with ExxonMobil or another company, moving to the area for its job growth and economy, or live here and are just considering downsizing or moving up, find a real estate agent who can help you navigate the market and meet your needs.  Connect Realty has qualified agents who are experts about the Houston area and can help you sell your home or look for a new home in its suburbs, including The Woodlands, Conroe, Spring, Magnolia, Tomball, Kingwood and more!