The final numbers are in and its time to reflect on the Spring Texas real estate market of 2011 and make some predictions for 2012.
Highlights of the Spring Texas real estate market of 2011:
Predictions for the Spring Texas real estate market of 2012:
Bottom line – 2012 will be a slightly better year than 2011 but it will not be a record breaking year. Months of inventory will decrease and home prices will experience a slight increase.
In 2011, Prudential Gary Greene Realtors (our broker) experienced its 4th best year ever as it grew 2x as fast as the competition. Our Prudential Gary Greene Champions office represented over 1,300 buyers and sellers in over $281 million in real estate transactions. Our office was thrilled to have been chosen by over 1,100 sellers in the listing of their homes.
Data is from the Real Estate Center at Texas A&M University and the Houston Association of Realtors MLS for single family existing homes in Area 13. Area 13 covers the geographic boundaries of East – I45 to West – Hwy 249 to South – Beltway 8 to North – Spring Cypress.
Jill Wente was a joy to work with. She helped us buying our first house. Friendly, courteous, knowledgeable, prompt and... read moreJill Wente was a joy to work with. She helped us buying our first house. Friendly, courteous, knowledgeable, prompt and professional. I would highly recommend her to anyone trying to find a house. She's always looking out for your best interests. read less