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.
November 28, 2023

Spring Texas Real Estate Market Report November 27, 2023

Spring Texas home sales saw a steep decline in the number of home sales due to a shorten Thanksgiving work week. Months of inventory remains stagnant at 2.6 months. Low inventory is keeping housing prices elevated. High mortgage interest rates and seasonality has reduced buyer demand. Buyers if you are […]
November 13, 2023

Spring Texas Real Estate Market Report November 13, 2023

Last week’s dip in the 30 year mortgage interest rate had no impact on the Spring Texas real estate market. Total number of homes available for sale remain unchanged. Months of inventory of 2.6 remains unchanged from last week. New listings declined 19%. Seasonality has come into play. Homeowners are […]
November 7, 2023

Spring Texas Real Estate Market Report November 6, 2023

The Spring Texas real estate market climbed to the highest months of inventory in 2023. After starting out the year at 1.5 months, months of inventory has now risen to 2.6 months. Six months of inventory is considered a balanced market. Less than six months of inventory is considered a […]
October 10, 2023

Spring Texas Real Estate Market Report October 9, 2023

Although climbing to 2.4 months, the Spring Texas real estate market remains a sellers market. Six months of inventory is considered a balanced market. Less than six months of inventory is a sellers market and more than six months of inventory is a buyers market. Nationwide 96% of homeowners have […]
September 21, 2023

Spring Texas Real Estate Market Report September 18 2023

Higher mortgage interest rates has dampened homebuyer demand causing Spring Texas homes to sit on the market longer and for months of inventory to grow. With 92% of mortgage holders with interest rates below 6%, buyers are disincentivized to move. Move-up buyers are missing from the year of 2023. The […]

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