Spring Texas Real Estate Market Reports

What’s going on with the Spring Texas Real Estate Market?  To compare last November’s sales numbers to this November’s sales numbers doesn’t seem quite fair.  As last November, first time home buyers were scrambling to get homes under contract before the expiration of the home buyers tax credit resulting in a spike in sales.  This November the government […]

What’s going on with the Spring Texas Real Estate Market?  With the elimination of the artificial stimulus caused by the home buyer tax credits, the Spring Texas real estate market continues its downward trend.  August YTD home sales were down 5%. September’s YTD home sales were down 6% and now October’s YTD homes sales are down 7% over 2009.    We will […]

What’s going on with the Spring Texas Real Estate Market?  With the elimination of the artificial stimulus caused by the home buyer tax credits, the Spring Texas real estate market continues its downward trend.  July’s YTD home sales were down 4%. August YTD home sales were down 5% and now September’s YTD home sales are down 6% over 2009.    We will continue […]

What’s going on with the Spring Texas Real Estate Market?  Earlier in the year our YTD home sales were higher than in 2009 due to the home buyer tax credits.  Now that the tax credits have expired, the real estate market is having to live without artificial stimulates.  And with high unemployment rates, low consumer confidence, and […]

What’s going on with the Spring Texas Real Estate Market?  The market looks a lot like last year in terms of YTD sales.  As YTD home sales are down only 4% compared to 2009.  Home prices are remaining stable with minimal changes.  Minor decreases in sales activity and stable home prices usually means good news to […]

What’s going on with the Spring Texas Real Estate Market?  It can be summed up with one word “SLOW”.  The usually busy summer selling season is anything but that with year over year pending sales being down 30%.  Sales for the month were down a much smaller percentage than pending sales due to the lingering effect of the federal […]

What’s going on with the,  Spring Texas Real Estate Market?  The expiration of the federal home buyers tax credits generated a 27% increase in May’s sales versus the prior year.  The expiration of the tax credits also impacted the pending sales but in the opposite direction with a 11% decrease.  Active Listings are up 15% over the prior […]

What’s going on with the Spring Texas Real Estate Market?  Fueled by the last minute rush from buyers wanting to take advantage of the tax credits before there expiration on April 30th, home sales for the month were 27% higher than April 2009.  While the prior year’s month over month showed a significant increase, there was no corresponding increase […]

What’s going on with the Spring Texas Real Estate Market?  The real estate market for March is the first month of 2010 that does not look like its 2009 deja vu.  Sales of 176 for the month were down 13.6% compared to March 2009.  New listings were 440 for the month which is 16% more than March 2009. Months of […]