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November 7, 2023

Spring Texas Real Estate Market Report November 6, 2023

The Spring Texas real estate market climbed to the highest months of inventory in 2023. After starting out the year at 1.5 months, months of inventory has now risen to 2.6 months. Six months of inventory is considered a balanced market. Less than six months of inventory is considered a sellers market with more than […]
October 24, 2023

Spring Texas Real Estate Market Report: October 23 2023

The Spring Texas real estate market climbs to 2.5 months of inventory. Higher interest rates have weaken demand resulting in fewer home sales and an increase in months of inventory. Months of inventory is amount of time it would take for all homes currently on the market to sell based upon past sales activity assuming […]
October 10, 2023

Spring Texas Real Estate Market Report October 9, 2023

Although climbing to 2.4 months, the Spring Texas real estate market remains a sellers market. Six months of inventory is considered a balanced market. Less than six months of inventory is a sellers market and more than six months of inventory is a buyers market. Nationwide 96% of homeowners have an interest rate of 6% […]
September 21, 2023

Spring Texas Real Estate Market Report September 18 2023

Higher mortgage interest rates has dampened homebuyer demand causing Spring Texas homes to sit on the market longer and for months of inventory to grow. With 92% of mortgage holders with interest rates below 6%, buyers are disincentivized to move. Move-up buyers are missing from the year of 2023. The buyers and sellers of 2023 […]
August 14, 2023

Spring Texas Real Estate Market Report August 14 2023

For the third week in a row, the Spring Texas real estate market continues its trend of higher inventory. With the inventory at its highest level of 2023, buyers are feeling the loosening of the sellers stranglehold on negotiations.  But this is not the time for the low ball offers. As six months of inventory […]
August 9, 2023

Spring Texas Real Estate Market August 7, 2023

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 […]
July 31, 2023

Spring Texas Real Estate Market July 31 2023

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 […]
July 24, 2023

Spring Texas Real Estate Market July 24, 2023

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 […]