Blog

New listings hitting the Spring Texas real estate market jumped 6% week over week. Buyers absorbed the increased in new homes keeping the months of inventory at a low 1.8 months. The Spring Texas housing market is still firmly being controlled by the sellers. Increased mortgage rates and higher home prices have drastically dampened buyer […]

Higher monthly mortgage payments cools the Spring Texas real estate market. Pending home sales dropped 13% and home sales dropped 17% week over week. Home sales units is decreasing. Some buyers are taking a wait and see approach to the real estate market causing homes to stay on the market longer. Listing inventory showed no […]

Even with mortgage rate increases homebuyers are still out pursuing the American dream of homeownership. The number of Spring Texas homes under contract jumped 8% over the last week. Total listings and months of inventory are relatively unchanged from last week. The Spring Texas real estate market is a sellers market.  The recent increase in […]

Months of inventory for the Spring Texas real estate market jumps 6%. It’s the first increase in months of inventory in over a month. Months of inventory came in at 1.7 months. Yes, it was an increase but don’t lose sight of the fact that we are still firmly in a sellers market in Spring […]

Low listing inventory keeps the Spring Texas real estate market firmly in a sellers market with only 1.6 months of inventory as listing inventory constricts further with a 1.8% decrease. Price decreases continue as sellers are still grappling with the normalization of the Spring housing market. The jump in mortgage interest rates to the high […]