Jill Wente's Spring Texas Real Estate Market Reports.

Whether you're navigating the journey of homeownership or seeking strategic investment opportunities, Jill Wente's market insights offer a compass in the ever-evolving realm of Spring, Texas real estate. Stay tuned for a firsthand look into the trends, tips, and transformative stories that define the real estate narrative in this sought-after community.
May 22, 2023

Spring Texas Real Estate Market Report May 22, 2023

Rising to 1.5 months, the Spring Texas real estate market experienced its first uptick in inventory in 7 weeks. New listings catapulted 15% and with no increase in demand total listings swelled to 548 homes. With 99% of borrowers locked  into mortgage interest rates less than 6%, 2023 will be […]
May 15, 2023

Spring Texas Real Estate Market Report May 15, 2023

Describe the Spring Texas real estate market in one word … “Stagnant”. New listings is staying even with demand keeping months of inventory at a paltry 1.4 months. The selling and buying occurring in 2023 is being ruled by life events … death, divorce, job, marriage, downsizing, desire to become […]
May 8, 2023

Spring Texas Real Estate Market Report 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 1, 2023

Spring Texas Real Estate Market Report 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

Spring Texas Real Estate Market Report 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 […]
March 21, 2023

Spring Texas Real Estate Market Report March 20, 2023

New listings coming onto the Spring Texas real estate market plunged 37% week over week. Don’t sound the alarms. The drop is new listings was anticipated. The week of Spring Break historically experiences a decrease in new listings. Homeowners are enjoying the week with their families as others use the […]

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