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Spring Texas Real Estate Market Reports Category

Spring Texas Real Estate: Market Report March 2010

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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 inventory jumped to 6.3 months which is 12.5% more than in March 2009. What do all these measurements of the Spring Texas real estate market mean?  In a...Continue Reading!

Spring Texas Real Estate: Market Report February 2010

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What's going on with the Spring Texas Real Estate Market?  The real estate market continues to resemble 2009.  The sales for the month of February were 134 which is 11 sales fewer or 7.5% less than February 2009's number of 145.  Active listings total 1,087 which is 1.7% less listings than February 2009.  Again not much different.  Months of inventory is 5.7 months which is 5.5% more than in February 2009.  Again not much different. The under $200,000 price range continues to be...Continue Reading!

Spring Texas Real Estate: Market Report Januaury 2010

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The Spring Texas real estate market for January 2010 looks a lot like January 2009.  Months of inventory (time it would take all single family homes in Spring Texas to sell) is 5.6 months.  Not much difference from last year's 5.4 months of inventory. Active listings (homes on the real estate market) are 1,056. Again not much difference than last year's number of 1,140 listings. The noticeable difference between January 2009 and 2010 is in the average sales price.  For January 2010...Continue Reading!

Spring Texas Real Estate 2009 – Year in Review

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With the February 2009 numbers of home sales down 30% and median sales price down 16%, the Spring Texas real estate market was off to a frightening start.  The 8.5% of the Houston Realtors who decided not to practice real estate at the end of 2008 were starting to look like the smart ones in the room. As we progressed further into the year, our government finalized a first-time homebuyers tax program and a program to purchase mortgage backed securities keeping interest rates at record...Continue Reading!

Spring TX Real Estate: Market Report November 2009

How's the Spring TX real estate market?  Are the YTD numbers still down compared to 2008?  Is the market getting any better? The Spring TX real estate market is still down compared to 2008 but in comparison to the first of the year the numbers are showing some significant improvement. November 2009 YTD: Sales are 2,090 - down 11.6% Pending Sales are 985 - down 16.5% Active Listings are 804 - down 21.1% Months of inventory is 5.7 - down a full month or 15% In comparison...Continue Reading!

Spring TX Real Estate: Market Report September 2009

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How's the Spring TX Real Estate market?  According to the recently released September 2009 data, our real estate market is still chugging along and continues to show improvement over 2008.   For those of you who don't remember last September Hurricane IKE barreled through our area and brought all real estate sales activity in the Spring Texas area to a screeching halt.  Thus comparing September 2008 to September 2009 shows skewed numbers. For a more accurate representation of how the Spring TX real...Continue Reading!

Spring TX Real Estate: Market Report August 2009

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Its numbers time again as the latest stats for the Spring Texas real estate market have been released.  For those of you who don't like numbers and think they are boring, you have my permission to be excused from reading this post and to go off and search homes for sale instead. For everyone else, let's get back to the numbers and find out how the Spring Texas real estate market is doing.  In comparison to February 2009, the real estate market is doing...Continue Reading!

Spring TX Real Estate: Market Report July 2009

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 The further into the year we get the better the Spring Texas real estate market gets.  The year over year percentage decreases continue to decline as we continue our climb to the return of a normal market.   Our real estate market still has a way to go but the chart shows you the dramatic improvements it has made since the first of the year.  Houses in the under $200,000 price range continue to be where the most buyer activity is occurring.  This comes as no surprise...Continue Reading!

Spring TX Real Estate: Market Report June 2009

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What's going on in the Spring TX real estate market?  Some of our numbers look very different than last year and some numbers are eerily similar. In the very different category is the quantity of active listings on the real estate market in June of 2008 versus June 2009.  In June of 2008, there were 1,710 active listings.  Fast forward a year and there are 1,105 active listings which is 35% less than the previous year.  As a listing agent, I have certainly seen the...Continue Reading!

Spring TX Real Estate: Market Report May 2009

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The latest MLS numbers for the Spring TX real estate market have been released and the months of inventory are showing a return to a balanced buyers and sellers market.  Last May our real estate market favored the buyers with 6.9 months of inventory.  We had plenty of homes for buyers to choose from and the buyers had the upper hand in the negotiations. Fast forward a year and the historically low interest rates combined with a first time homebuyers tax credit has...Continue Reading!