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For the second week in a row the Spring Texas real estate market sits at 2.2 months of inventory. Inventory levels are at the highest they have been in 2023. Six months of inventory is considered a balanced market and less than six months of inventory is considered a sellers market. The first six months […]

Spring Texas Real Estate Market jumps to 2.2 months of inventory hitting another new high for 2023.  A balanced real estate market is when there’s six months of inventory. Neither the buyer or the seller has the upper hand in negotiations. Less than six months of inventory has the seller gives the seller the upper […]

Spring Texas Real Estate Market catapults to 2.1 months of inventory hitting a new high for the year. Six months of inventory is considered a balance market. We are still in sellers market territory but buyers are gaining negotiating power. Higher inventory levels means longer days on market. If you’re a deal hunter, filter your […]

Spring Texas Real Estate Market rises to highest level of inventory in 2023. The summer selling season and high mortgage interest rates are the culprits of the jump in months of inventory. Historically 60% of the residential real estate sales occur between May and August because Sellers with kids want to move between the school […]

The Spring Texas Real Estate Market remained at 1.9 months of inventory for the second week in a row. With Interest rates in the high 6% buyers are sitting on the sidelines waiting for the rates to drop. When will the interest rates drop? A recent Morningstar forecast suggests 30-year mortgage rates will average 5% […]

Spring Texas Real Estate Market hits highest level of inventory in 2023 with 1.9 months. If you have been on the sidelines due to intense competition or lack of choices, now is the time to restart your home search. New listings increased 5% week over week. Sellers are feeling summer getting away from them as […]

Months of inventory increased to 1.8 months. The highest inventory level in the Spring Texas real estate market since November of 2022. New listings jumped 7% week over week. Buyers listen up …. here’s your opportunity to be picky. Bust outs due to buyers remorse or property condition are running higher than last year. Last […]

Summer selling season is here with new listings hitting the Spring Texas real estate market remaining in the high 120s.  Last week’s CPI coming in lower than expected brought a dip in interest rates and a surge in buyers wanting to lock their interest rates. This summer selling season is different than 2022 with houses […]