Spring Texas Real Estate Market Reports

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 […]

Summer selling has arrived! New listings added to the Spring Texas real estate market catapulted 35% week over week. Homes under contract dropped 5%. Total homes available jumped up by 7.7%.  Buyers have the highest quantity of homes of homes to choose from in all of 2023.  Months of inventory grew to 1.7. Mortgage interest […]

Months of inventory sits at 1.5 months for the third week in a row. Total listings on the Spring Texas real estate market remains unchanged. The housing market dodged a bullet last week with the federal government coming to an agreement on the debt ceiling. If an agreement hadn’t been reached on the debt ceiling, […]

Months of inventory sits at 1.5 months for the second week in a row. Total listings on the Spring Texas real estate market minimally increased by 1.8%. The debt ceiling crisis pushed mortgage interest rates higher last week causing some buyers to push the pause button on their home buying decisions. Graduations, end of school […]