May 8, 2023
SOLD – 9/15/2023 – $300,000 4 beds | 3 baths | 2,308 sqft | 6,988 sqft lot
May 8, 2023
Spring Texas Homes under contract dropped 8% week over week. Uncertainty in the market due to a readjustment in borrower fees on conventional loans and the Fed’s increase in the overnight borrowing rate caused buyers to take a pause and reevaluate their finances. New listings hitting the Spring Texas real […]
May 5, 2023
May 1, 2023
Spring Texas homes under contract skyrocketed 19% week over week. With the Fed meeting almost certain to bring another increase in the overnight borrowing rate, buyers scrambled to lock in interest rates. In addition, on May 1 the total fees borrowers will pay on conventional loans with Fannie Mae and […]
April 24, 2023
The Spring Texas real estate market saw very little change week over week. Inventory remains a paltry 1.4 months keeping sellers in control of the Spring housing market. With high mortgage interest rates homeowners are disincentivized to move. According to Goldman Sachs, 99% of borrowers have a mortgage rate lower […]
April 17, 2023
The Spring selling season is in full gear with new listings rising 37% over last week. With only 1.4 months of inventory, its the sellers who are in control of the Spring Texas real estate market . Six months of inventory is considered a balanced market. More than six months […]
April 14, 2023
SOLD – 10/20/2023 with MULTIPLE OFFERS – $337,000 3 beds | 2 baths | 2,074 sqft | 19,350 sqft lot
April 6, 2023
SOLD – 5/23/23 with MULTIPLE OFFERS $397,000 4 beds | 3.5 baths | 3,381 sqft | 11,400 sqft lot
March 28, 2023
The Spring selling season is HERE. New listings hitting the Spring Texas real estate market jumped 64% week over week. With Spring Break being the week before which is historically a lower listing week, the week over week increase is inflated but still is an indicator of the start of […]