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 […]

July 17, 2008

Your Spring Texas dream home is in the 100 Year FLOOD ZONE now what?

Before sitting down with my buyers and writing an offer on their Spring Texas dream home, I will contact our in-house insurance agent and find out if the home is located in the 100 year flood zone. A home located in the 100 year flood zone means that in any given year there’s a 1% […]

July 8, 2008

4 Reasons to get Preapproved before shopping for your Spring Texas home

I know Spring Texas home buyers must think that Realtors are just nosey people. Because you, potential buyers, are thinking why does it matter if you have been preapproved for a loan. You just want to view the home. You may not even like it and won’t want to buy it. So why do Realtors ask […]

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 17, 2008

Dangers of Overpricing your home

WARNING …. WARNING …. Overpricing your Spring Texas home is a bad strategy. I use the word overpricing but home sellers use the phrase “Testing the Market”. No matter what you call “it” the end result for you sellers is less money for your home. Why? ……….. What’s wrong with “Testing the Market“? …… Less Showings: […]

June 12, 2008

Spring Texas real estate abbreviations: What do they mean?

The real estate industry like other industries has its fair share of abbreviations. And I would have to say that I am just as guilty as the next Spring Texas Realtor in using real estate abbreviations in my correspondence. I throw them around assuming that everyone knows exactly what they mean. So what does MLS, […]

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 […]

June 6, 2008

What you should know about Hurricane season and Spring Texas Real Estate

The purpose of this article is NOT to tell you how to prepare for a hurricane because a weather site would offer far better advice than I could. But the purpose is to tell you how hurricane season can delay the closing of your Spring Texas real estate transaction. Did you know that insurance carriers […]

May 30, 2008

Appraised VS Market Value

In the Spring Texas real estate market, buyers and sellers alike are often confused about the differences between market value, appraised value, and tax appraised / assessed value. So let’s first start by tackling market value. The market value of a home is how much a ready, willing, and able buyer is willing to pay for […]

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