laurel creek - april 2016

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Copyright © 2016 Peel, Inc. Laurel Creek - April 2016 1 April 2016 Official Newsletter of the Residents of Laurel Creek Volume 3, Issue 4 LAUREL CREEK According to the Texas Workforce Commission, the Houston metro area finished 2015 with a 4.6 percent unemployment rate, slightly above the state’s 4.2 percent but below the nation’s 5.6 percent. As recently as March 2015, Houston’s unemployment rate stood at 4.0 percent, the lowest point in the business cycle. During the Great Recession, Houston’s unemployment rate peaked at 8.8 percent. During the oil bust of the 1980s, unemployment hit 12.9 percent. e current rate, however, might not reflect Houston’s true unemployment picture. e region’s labor force has lost more than 43,000 workers since it peaked at 3,289,820 in November 2014. Some of the lost workers may have become discouraged and stopped looking for employment, others may have retired, still others may have returned to school for additional training. If all the lost individuals were still in the labor force and without work, Houston’s true unemployment rate would likely be above 5.5 percent. Energy Continues to Struggle — e story of the energy industry in 2015 can be summed up in four points: 1. West Texas Intermediate, the U.S. benchmark for light sweet crude, opened the year at $52.72 and closed the year at $37.13. In the current cycle, WTI has fallen nearly 80 percent from its June 2014 peak of $107.95 per barrel. 2. e North American rig count traced a similar path, opening the year at 1,811 and ending the year at 698. In the current slump, the North American drilling fleet has fallen more than two-thirds from its September 2014 peak of 1,931 working rigs. 3. e industry drilled only 19,503 oil and gas wells in Texas last year, 10,000 fewer than it drilled in 2014, the peak for the recent boom. 4. Energy industry consultant Wood Mackenzie estimates the oil price collapse has cancelled or delayed more than $380 billion in upstream energy projects. e near-term outlook for the industry isn’t much better. Barclays expects North American exploration budgets to fall another 27 percent this year. e U.S. Energy Information Administration does not expect crude to breach $40 per barrel until sometime next year. Decline in Houston area Home Sales — Houston area realtors sold 73,724 single-family homes in 2015, down 2.4 percent from Laurel Creek’s Resiliency Admist Oil Downturn 75,535 sold the prior year, according to the Houston Association of REALTORS®. After a record-breaking 2014, Houston recorded its second-highest sales volume in 2015. Houston home sales in the first three quarters of 2015 outpaced the first three quarters of 2014 by 0.6 percent. e highest one- month sales volume for 2015 occurred in July, with 7,895 homes sold, while the lowest one-month sales volume was in January, with 4,109 home sold. But single-family home sales began to slow in the fourth quarter of 2015 with sales totaling 16,361, which represented a ten (10%) percent decrease from 18,183 in the fourth quarter of 2014. e slowdown in sales allowed for inventory to grow from 2.5 months, the lowest level on record, to 3.2 months in December 2015. Single-family home sales totaled 4,024 in January, down 2.1 percent from January 2015. at marks the fourth consecutive monthly decline. In 2016, the decline in oil prices has correlated with a decline in property sales in the Houston area. Broken out by housing segment, January sales performed as follows: •$1 - $79,999: decreased 40.6 percent •$80,000 - $149,999: decreased 16.2 percent •$150,000 - $249,999: increased 8.8 percent •$250,000 - $499,999: decreased 1.0 percent •$500,000 and above: decreased 9.3 percent e decline in home sales is particularly discouraging given that the number of total listings is significantly more than last year. In 2015, the Multiple Listing Service had 27,865 active listings, but January this year reflected 32,260 active listings. Laurel Creek’s Home Sales Outperform – According to the Houston Area Realtors, the average price of homes for sale in Laurel Creek is $294,940; the average square feet of the homes in Laurel Creek is 2,595 square feet, and the average rent in Laurel Creek is $2,150 at an average price of 1 per square foot. Notwithstanding the downturn in the Houston employment and real estate market, there are only five listed homes for sale in our subdivision (on the date of the submission of this article). Laurel Creek still commands, on average, sales prices of 113.65 per foot and outpaces with respect to (Continued on Page 3)

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April 2016 edition of Laurel Creek Newsletter for Laurel Creek

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Page 1: Laurel Creek - April 2016

Copyright © 2016 Peel, Inc. Laurel Creek - April 2016 1

LAUREL CREEK

April 2016 Official Newsletter of the Residents of Laurel Creek Volume 3, Issue 4

LAURELCREEK

According to the Texas Workforce Commission, the Houston metro area finished 2015 with a 4.6 percent unemployment rate, slightly above the state’s 4.2 percent but below the nation’s 5.6 percent. As recently as March 2015, Houston’s unemployment rate stood at 4.0 percent, the lowest point in the business cycle. During the Great Recession, Houston’s unemployment rate peaked at 8.8 percent. During the oil bust of the 1980s, unemployment hit 12.9 percent. The current rate, however, might not reflect Houston’s true unemployment picture. The region’s labor force has lost more than 43,000 workers since it peaked at 3,289,820 in November 2014. Some of the lost workers may have become discouraged and stopped looking for employment, others may have retired, still others may have returned to school for additional training. If all the lost individuals were still in the labor force and without work, Houston’s true unemployment rate would likely be above 5.5 percent.

Energy Continues to Struggle — The story of the energy industry in 2015 can be summed up in four points:

1. West Texas Intermediate, the U.S. benchmark for light sweet crude, opened the year at $52.72 and closed the year at $37.13. In the current cycle, WTI has fallen nearly 80 percent from its June 2014 peak of $107.95 per barrel.

2. The North American rig count traced a similar path, opening the year at 1,811 and ending the year at 698. In the current slump, the North American drilling fleet has fallen more than two-thirds from its September 2014 peak of 1,931 working rigs.

3. The industry drilled only 19,503 oil and gas wells in Texas last year, 10,000 fewer than it drilled in 2014, the peak for the recent boom.

4. Energy industry consultant Wood Mackenzie estimates the oil price collapse has cancelled or delayed more than $380 billion in upstream energy projects.

The near-term outlook for the industry isn’t much better. Barclays expects North American exploration budgets to fall another 27 percent this year. The U.S. Energy Information Administration does not expect crude to breach $40 per barrel until sometime next year.

Decline in Houston area Home Sales — Houston area realtors sold 73,724 single-family homes in 2015, down 2.4 percent from

Laurel Creek’s Resiliency Admist Oil Downturn75,535 sold the prior year, according to the Houston Association of REALTORS®. After a record-breaking 2014, Houston recorded its second-highest sales volume in 2015.

Houston home sales in the first three quarters of 2015 outpaced the first three quarters of 2014 by 0.6 percent. The highest one-month sales volume for 2015 occurred in July, with 7,895 homes sold, while the lowest one-month sales volume was in January, with 4,109 home sold. But single-family home sales began to slow in the fourth quarter of 2015 with sales totaling 16,361, which represented a ten (10%) percent decrease from 18,183 in the fourth quarter of 2014. The slowdown in sales allowed for inventory to grow from 2.5 months, the lowest level on record, to 3.2 months in December 2015.

Single-family home sales totaled 4,024 in January, down 2.1 percent from January 2015. That marks the fourth consecutive monthly decline.

In 2016, the decline in oil prices has correlated with a decline in property sales in the Houston area.

Broken out by housing segment, January sales performed as follows:•$1 - $79,999: decreased 40.6 percent•$80,000 - $149,999: decreased 16.2 percent•$150,000 - $249,999: increased 8.8 percent•$250,000 - $499,999: decreased 1.0 percent•$500,000 and above: decreased 9.3 percentThe decline in home sales is particularly discouraging given that

the number of total listings is significantly more than last year. In 2015, the Multiple Listing Service had 27,865 active listings, but January this year reflected 32,260 active listings.

Laurel Creek’s Home Sales Outperform – According to the Houston Area Realtors, the average price of homes for sale in Laurel Creek is $294,940; the average square feet of the homes in Laurel Creek is 2,595 square feet, and the average rent in Laurel Creek is $2,150 at an average price of 1 per square foot. Notwithstanding the downturn in the Houston employment and real estate market, there are only five listed homes for sale in our subdivision (on the date of the submission of this article). Laurel Creek still commands, on average, sales prices of 113.65 per foot and outpaces with respect to

(Continued on Page 3)

Page 2: Laurel Creek - April 2016

2 Laurel Creek - April 2016 Copyright © 2016 Peel, Inc.

LAUREL CREEKCOMMUNITY CONTACTS

NEWSLETTER INFO

IMPORTANT NUMBERS

BOARD OF DIRECTORSAnn Murphree ........................................................ PresidentGreg Magness .................................................. Vice PresidentLinda Pirtle-Porras .................................................. SecretaryNathan Overstreet ................................................... TreasurerValerie Phelps ........................................................... Director

Crest Management ................... www.crest-management.com.........................................................................281.579.0761Association ManagerJennifer [email protected] ManagerVictoria Schoon .......Victoria.schoon@crest-managemen.com.........................................................................281.945.4623Call Before You Dig ..................................................................1.800.344.8377Street Light Outagewww.centerpointenergy.com (Have light number) .....................................................................713.207.2222Texas Department of Public Safety Crime Service ............................................ http://records.txdps.state.tx.usPolice Information If you witness a crime or suspicious activity call Pct. 4 Constable ........................................................ 281.376.3472 or 911Police Emergency .............................................................911Constable's Office Precinct 4 ............................281.376.3472 ........................ Laurel Creek has a contract for faster responseCy Fair Volunteer Dept. (Ambulance) ....................................... (Non-emergency) 713.466.6151Harris County Alarm (Permit) .................................................................... 713-755-4660TOPS (Water Issues) .....................................................................281.807.9500Poison Center ..................................................................1.800.222.1222Please remember: We do not live in the City of Houston but in Harris County. Inform the emergency operator of this to assure a more prompt response.

NEWSLETTER PUBLISHERPeel, Inc. ..........................888.687.6444, www.PEELinc.comAdvertising ................................... [email protected]

The DIFFERENCE is...

Houston Business Journal

TOP 25 REALTORSYour neighbor specializing in Laurel Creek Real Estate for

over 20 years

(713) 253-9387

[email protected]

Professional Group

Julie Sample

(eleven consecutive years!)

Recently the trash company failed to pick-up the trash on one of our streets. A neighbor chased the truck down to tell the workers they had missed the street. The response from the driver was that he had to skip the street because so many cars were parked on it that it was too tight to drive the large trash truck down the street.

Laurel Creek’s streets are narrow. Vehicles parked in the street could make it difficult for fire trucks and other emergency vehicles to get to their destination in an emergency where minutes count, as well as make it difficult for school buses and trash trucks to navigate. Cars parked in the street also make it difficult for neighbors to enter and exit their driveways, plus create a hazardous situation for pedestrians and children.

Cars belonging to residents should be parked in the resident’s garage or driveway. They should not be parked on grass or in the street.

Every resident has at least a two-car garage and a driveway that holds two to four vehicles. The garages are intended for the primary purpose of storing vehicles, not other items.

Street parking should be reserved for visitors and not routinely used by residents.

Parking

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“average days on the market” for nearly all of the subdivisions near us, even those also linked to the Garfield Elementary School. Laurel Creek’s average price for homes is higher than properties located in gated neighborhoods or which boast a community pool.

Of course, the relative strength of Laurel Creek’s subdivision sales is attributable to a number of factors. Laurel Creek benefits from the fact that all of the homes were constructed by Village Builders. Because the homeowners in Laurel Creek share a commitment to the upkeep of our homes and landscaping, the property values help offset macro-economic pressures. Foremost though, we love our neighborhood because we are friendly toward each other.

(Continued from Cover)

Contractor and Vendor SignsContractors or vendors who perform work on Laurel Creek homes

may want to advertise by putting out a yard sign. Laurel Creek permits the postings but only during the actual time period in which work is performed. Caution contractors to post the signs once work commences and remove them once the project is completed.

Please put on your work clothes, grab some brushes and/or paint buckets and join your neighbors on Saturday, April 2, 2016 from 12:00 to 5:00 for the first annual “Neighborhood Improvement Day”! We have three parks with playground equipment and benches in need of staining and Laurel Creek needs your help!

To have the playground equipment and benches professionally stained would cost in excess of $10,000.00. However, with help from Laurel Creek residents it can be done for just the cost of materials. The money saved on this project could then be used for other projects, which would greatly help to stretch the budget.

The plan is for the HOA to have the areas power washed ahead of time, purchase the stain and for volunteers to apply the stain. With sufficient volunteers it should be possible to get the playground equipment and benches in all three parks refurbished in an afternoon. If there should be rain on April 2, the alternate scheduled is Sunday April 3.

If you would like to help with this project, please e-mail Victoria Schoon at [email protected]. The more volunteers the more that can be accomplished!

Neighborhood Improvement Day

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4 Laurel Creek - April 2016 Copyright © 2016 Peel, Inc.

LAUREL CREEK

Do you suffer from nose congestion, running nose, sneezing constantly, itchy nose, sore throat, red & itchy watery eyes, and cough? Do you have more than ten sneezes non-stop sometimes especially in the morning. If this sounds like you? You may suffer from allergy. If you have these symptoms during certain seasons of the year, you may have seasonal allergies. With all the trees and flowers in Houston, more and more people suffer from seasonal allergy.

If the symptoms are not effectively under control by western medicine, some people may develop chronic allergy, the symptoms become more severe every time. Other people may develop dependency to the medication, need to increase dosage form time to time.

The cause of the allergy is either the exterior pathogen (allergen) or the internal constitution (body type). Traditional Chinese Medicine treat patient’s constitution, rebalance the body, change the internal environment by improving the circulation of Qi and blood, therefore to control, reduce and cure the allergy.

Several Chinese patterns of disharmony may be involved in cases of allergies. In all cases, however, wind is often part of the diagnosis. In seasonal allergies, such as hay fever, the most common diagnosis is related to wind and dampness. Individual’s body constitution and condition at the time play a big role in the treatment plan.

Treatment plans for allergies vary greatly, and the possible results range from temporary relief to complete remission based on the reaction of individual person. Acupuncture frequently relieves allergy symptoms immediately. Diet advice and control plays an important part in controlling seasonal allergies.

Take your health into your own hands, live allergy free with safe effective natural way.

Apart from respiratory issues including allergy, acupuncture is also effective to treat reproductive issues for male and female, emotional issues, neurological issues, gastric distress. It is a wonderful way to relieve pain without intoxications, to help with rehabilitation, to treat addictions and fatigue.

Talk to your licensed Acupuncturist about what acupuncture and TCM can do for you.

Live Allergy Free April Gardening TipsOffered by WeekendGardener.Net

Use this list to help you figure out what gardening tasks you want to accomplish this month.

PlanningWhen purchasing bedding annuals this spring, choose

properly grown plants with good color. Buy plants with well-developed root systems that are vigorous, but not too large for their pots. Plants that bloom in the pack are often root bound and can be set back for several weeks after being transplanted. Plants not yet in bloom will actually bloom sooner, be better established and grow faster.

For hot-weather color, select one of the following: Gloriosa Daisy, Madagascar Periwinkle, Ornamental Peppers, Mexican Zinnia or Amaranthus 'Joseph's Coat. Plan to attract hummingbirds to your garden this year by planting red or orange flowers. Monarda (common names: beebalm, horsemint, Oswego tea, and bergamot) is a good perennial plant that thrives in sun and provides nectar for these small birds.

PlantingBegin to plant seedlings of warm-season vegetables such

as tomatoes, peppers, and eggplants. You can also start your pumpkin seeds now.

Sow beets, beans, cucumbers, carrots, lettuce, sweet corn and radishes

Plant herbs such as thyme, sage, parsley, chives and basilSod or sow new lawns, and over seed damaged older

lawnsStart planting out warm season annuals such as impatiens,

marigolds, petunias, sunflowers, zinnia, lobelia, alyssumFinish planting summer-flowering bulbs like tuberose,

gladiolus, dahlias, and callasPlant chervil, coriander, dill, rosemary, and summer

savory outside after the last spring frost date for your area. Your Extension agent should be able to give you the date.

MaintenanceMulch soil to save water, smother weeds, keeps soil cooler.

Spread 1-3 inches (2.5-7cm) of bark chips, compost, wood shavings, or other organic material under shrubs trees, annuals and vegetables. Thin vegetables that were sown too thickly, like basil, carrots, green onions, or lettuce. Prune spring-flowering shrubs and trees after bloom is over.

Fertilize everything right now, but do not feed spring-flowering shrubs like azaleas, camellias, and rhododendrons until after they have finished flowering. Use an acid based fertilizer. They also should be pruned after blooming.

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LAUREL CREEK

Honey bees are beneficial by producing honey, wax and pollinating crops. With warmer temperatures, honey bees are becoming more active and may soon begin to swarm.

Honey bee swarms look like a large clump of bees clustered together. The swarm may stay in a location from a few hours to a week. Swarms are produced as a part of the colony’s reproductive process. An established colony produces a new queen, causing the old queen and half the worker bees to leave the colony to search for a new nesting location. Swarming honey bees are usually gentle and unlikely to sting. Swarms are not protecting their home, food or offspring. Scout bees are sent out from the swarm to search for a nesting site. Colonies produce comb and honey and are defensive. Bees from a colony are more likely to sting as they are guarding their home, food and offspring.

Sometimes, honey bee colonies can be found in wall voids, chimneys, attics or sheds. If bees are in a wall void, DO NOT block their entrance; this makes them search for another way to exit and could lead bees into the structure. To keep bees from entering a home, seal any holes found in walls where pipes enter the home, cracks in window framing, knotholes, weep holes, or cracks between wood and brick junctures.

While many enjoy having honey bees around, some people are severely allergic to their venom. This, along with other situations, such as bees located near sensitive areas (such as playgrounds) may require removal or even extermination of the bees.

People should NOT try remove or exterminate bees on their own. Beekeepers and pest control companies have equipment to carry out these jobs in a safe manner. The city or county does not provide bee removal services.

For more information or help with identification, contact Wizzie Brown, Texas AgriLife Extension Service Program Specialist at 512.854.9600. Check out my blog at www.urban-ipm.blogspot.com

The information given herein is for educational purposes only. Reference to commercial products or trade names is made with the understanding that no discrimination is intended and no endorsement by Texas AgriLife Extension Service or the Texas AgriLife Research is implied.

Extension programs serve people of all ages regardless of socioeconomic level, race, color, sex, religion, disability, or national origin.

Honey Bee Swarms

Miles, language, and cultural differences sometimes make us feel worlds apart from each other. But when you welcome an international high school exchange student into your home, you quickly discover they become family. Through conversations and experiences at home, school, and throughout the community, you will learn how close together “worlds apart” can really be.

Expand Your Family - Build lifelong friendships with a family from across the globe through your student.

Learn New Cultures - Introduce your family to a new language, new foods and music, and an entirely new culture.

Gain a New Perspective - See “your” world with fresh eyes as you share experiences with and learn from someone from across the globe.

Make a Difference - Your support of diversity and cultural awareness extend to your family, schools and throughout the community.

Spending a year in the U.S. changes the lives of not only Ayusa’s international exchange students but also their host families and communities. Our students have the opportunity to experience life as an American teenager, perfect their English speaking skills, and grow into young adults ready to leave their mark on the world. They also give back with their enthusiasm, dedication, and involvement. Their energy and perspective are contagious and their presence along promotes a sense of global unity.

Here’s just some of the student’s waiting for a host family this yearCharline, The Netherlands, 17, FemaleTop three interests: Diving, Family Activities, TennisGONZALO, Spain, 16, MaleTop three interests: Computers or Technology, Skiing or

Snowboarding, TravelShu-Ruei, Taiwan, 15, FemaleTop three interests: Music, Photography, Running or JoggingMathilde, France, 15, FemaleTop three interests: Family Activities, Reading, SwimmingHenrik. Germany, 15, MaleTop three interests: Bike Riding, Music, SoccerKoshin, Japan, 16, MaleTop three interests: Baseball, Sports, SwimmingAyusa is a non-profit organization founded in 1981 to promote

global learning and leadership through foreign exchange, study abroad, and leadership programs for high school students from the U.S. and around the world.

For more information about hosting a high school foreign exchange student, please contact your local representative Vicki Odom at 832.455.7881 or [email protected] or Ayusa at 1.888.552.9872 or by visiting the website at www.ayusa.org.

Exceptional Students. Extraordinary People.

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6 Laurel Creek - April 2016 Copyright © 2016 Peel, Inc.

LAUREL CREEK

NOT AVAILABLE ONLINE

At no time will any source be allowed to use Laurel Creek's contents, or loan said contents, to others in anyway, shape or form, nor in any media, website, print, film, e-mail, electrostatic copy, fax, or etc. for the purpose of solicitation, commercial use, or any use for profit, political campaigns, or other self amplification, under penalty of law without written or expressed permission from Peel, Inc. The information in Laurel Creek is exclusively for the private use of the Laurel Creek HOA and Peel, Inc.

DISCLAIMER: Articles and ads in this newsletter express the opinions of their authors and do not necessarily reflect the opinions of Peel, Inc. or its employees. Peel, Inc. is not responsible for the accuracy of any facts stated in articles submitted by others. The publisher also assumes no responsibility for the advertising content with this publication. All warranties and representations made in the advertising content are solely that of the advertiser and any such claims regarding its content should be taken up with the advertiser.* The publisher assumes no liability with regard to its advertisers for misprints or failure to place advertising in this publication except for the actual cost of such advertising.* Although every effort is taken to avoid mistakes and/or misprints, the publisher assumes no responsibility for any errors of information or typographical mistakes, except as limited to the cost of advertising as stated above or in the case of misinformation, a printed retraction/correction.* Under no circumstances shall the publisher be held liable for incidental or consequential damages, inconvenience, loss of business or services, or any other liabilities from failure to publish, or from failure to publish in a timely manner, except as limited to liabilities stated above.

512.263.9181Call today for more info

From design to print to mail, Quality Printing can help you with all of your printing needs!

QualityPrintingOfAustin.com

Page 7: Laurel Creek - April 2016

Copyright © 2016 Peel, Inc. Laurel Creek - April 2016 7

LAUREL CREEK

Attention KIDS: Send Us Your Masterpiece!

LAU

Color the drawing below and mail the finished artwork to us at:Peel, Inc. - Kids Club308 Meadowlark St

Lakeway, TX 78734-4717We will select the top few and post their artwork on our Facebook Page - Facebook.com/PeelInc.

DUE: April 30th

Be sure to include the following so we can let you know!

Name: _______________________________(first name, last initial)

Age:________________

Page 8: Laurel Creek - April 2016

8 Laurel Creek - April 2016 Copyright © 2016 Peel, Inc.

LAUREL CREEK

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