Blog

August 9, 2013

Mortgage interest rates on the rise

The days of the 3% interest rates for 30 year mortgages are GONE.  For the last couple of years, buyers have been locking in interest rates for 30 year mortgages in the 3s and loving it. Heck, I cashed in on the low interest rates myself.  Last fall, we refinanced the mortgage on our Spring Texas home and snagged a 3.5% interest rate […]
August 5, 2013

Black Walnut Cafe coming to Vintage Park

Vintage Park at HWY 249 and Louetta has been attracting some new and noteworthy tenants.  Alamo Draughthouse and Zoe’s Kitchen both opened their doors for business in 2013.  Whole Foods is looking to make its debut at Cutten and Louetta in 2014. Black Walnut Cafe is under construction at 10623 Louetta Rd which is bound to […]
July 16, 2013

Spring Texas Real Estate Market Report – June 2013

How’s the Spring Texas real estate market? The real estate market is on FIRE!  Home sales are up 11% over the same month prior year and are up 13% YTD. If you waited to buy, you are wishing you hadn’t as the average home price is up 7% YTD. Listing inventory is down 32% YTD. Months of inventory is […]
May 18, 2013

Northwest Houston – The Next Energy Corridor

With the recent announcements of numerous oil and gas companies intentions to office in the area, Northwest Houston may soon be known as “The Northern Energy Corridor”. Which oil and gas companies are relocating to Northwest Houston? Exxon Mobil has their corporate headquarters under construction on 385 acres at I45 and the Hardy Toll Road in Spring […]
May 3, 2013

Ryland to build patio homes in Gleannloch Farms

The residents of Gleannloch Farms are thrilled that demolition work has finally begun on the strip center located at the NW corner of Champion Forest and Spring Cypress. Several years ago, the developer of the strip center filed bankruptcy leaving a behind a concrete shell of a building that was a community eyesore. Ryland Homes has purchased the […]
April 29, 2013

Noble Energy moving to former HP building in Northwest Houston

The former 10-story Hewlett Packard (HP) building at 20555 SH 249 is to become Noble Energy’s new global headquarters.  Noble Energy plans to consolidate 700 employees from three locations into the building which will be known as Noble Energy One. The move to the new Northwest Houston location at the SW corner of HWY 249 and Louetta is scheduled to occur in July of 2013. […]
April 25, 2013

Spring festivals in and around Spring Texas – 2013

Spring’s here and it’s time to get outside and enjoy the cool temperatures and low humidity. After you have freshened up your yard, it’s time to reward yourself with a little rest and relaxation and maybe a mudbug or two by attending a festival. Below is a run down of the numerous Spring Festivals and Events being […]
April 19, 2013

HAR shortens time frame to update listing’s status

Frustration by both home buyers and Houston Realtors on the accuracy of a listing’s status has pressured the Houston Association of Realtors (HAR) Board of Directors to approve a rule change. Effective April 1, 2013, the time frame to update a listing’s status from “Active” to “Option Pending” or “Pending” or “Pending continue to Show” has shorten […]
April 13, 2013

Spring Texas Real Estate Market Report – March 2013

How’s the Spring Texas real estate market? The real estate market is HOT! Home sales are up 13% over the same month prior year and are up 10% YTD. Home prices are increasing. Listing inventory is down 32%. Months of inventory continues to drop. Buyers are out and are ready to purchase. The Spring Texas real estate market is predicted to remain […]