August 24, 2008

Spring TX Real Estate: Market Report July 2008

Spring TX Real Estate: Market Report July 2008 – What’s going on with the Spring TX Real Estate Market? • Decrease in closed sales. The 2008 YTD closed sales for MLS area 13 was 1,629 which is a decrease of 14.6%. • Decrease in single-family median homes price of 1.8%. Even though the Spring Texas […]

August 18, 2008

Minimum down payment on FHA loans increases Oct. 1, 2008

If you have been counting your pennies and saving for the down payment on your Spring Texas home you will want to consider purchasing before October 1, 2008. Because on October 1, the minimum down payment requirement for FHA loans increases from 3% to 3.5% of the sales price. FHA increase on minimum down payment […]

August 13, 2008

First time homebuyer tax credit – what is it and how to get it

February 2009 UPDATE– If you were a first time homebuyer and purchased a home in 2008 the tax credit outlined below applies to you. If you are a first time homebuyer and are planning on or have already purchased a home in 2009 read – 2009 First time homebuyer tax credit. If you are a first time homebuyer […]

July 23, 2008

Spring TX Real Estate: Market Report June 2008

Spring TX Real Estate: Market Report June 2008 The YTD closed home sales through June 2008 for Area 13 which the majority of is considered Spring Texas were 1,361. A decrease of 15.6% compared to the 2007 YTD number. The quantity of active listings are 1,683 which is a measly 1.9% less than a year […]

June 20, 2008

Spring Texas Real Estate: why NOW is a good time to buy

Quite frequently I get asked “Is now a good time to buy a home in Spring Texas?” Its a good question. We all work hard and want to make the best financial decisions possible. Nobody wants to buy a home today for $200,000 and find out tomorrow or next year that its only worth $140,000. […]

June 10, 2008

Spring TX Real Estate: Market Report May 2008

The Houston Association of Realtors (HAR) has released the MLS statistics for the month of May 2008 for Area 13 which the majority of Area 13 would be considered Spring Texas. The closed sales for May 2008 were 283 which was 10.4% less than a year ago. The quantity of active listings for Area 13 […]

May 16, 2008

Spring TX Real Estate: Market Report April 2008

The Houston Association of Realtors (HAR) has released the MLS statistics for the month of April 2008 for Area 13 which the majority of Area 13 would be considered Spring TX. The closed sales for April 2008 were 836 which was 12.5% less than a year ago. The quantity of active listings for Area 13 […]

January 16, 2008

How do buyers find the Spring Texas home they purchase?

The National Association of Realtors, NAR, has been conducting surveys of buyers and sellers for many years. They recently released their 2007 Profile of Home Buyers and Sellers Survey. And as Richard Dawson use to say… “The survey says” … the number one source of information from which buyers first learned about the home they […]

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