Tag Archives: 77373

Spring, Texas Housing Market Update

In Spring, Texas the housing market seems to be picking up as we move into fall.  We have improving employment conditions as ExxonMobil makes it’s way to our area.  Homes in the area have always been affordable compared to the rest of the country, but now they are even more affordable due to extremely low interest rates that won’t last forever.  It’s a great time for first time home owners to jump into the market.  If you are a renter, it could be the best time to buy.  The Houston MLS showed strong economic trends in the last quarter of 2011.  While mortgage lending is still somewhat of a challenge, throughout the real estate industry we are hoping that banks and lenders will relax regulations to allow for a more rapid recovery.  According to the MLS, the inventory of homes on the market actually dropped in the last quarter of 2011, leaving buyers with less to choose from.  As housing inventory continues to decline, we will see that it will slowly move from a buyer’s market to a more stable, seller’s market.  This is the path to a strong recovery.  With the elections ahead of us, no one can foresee what will happen in the real estate market, but this Spring is really looking good so far.

 

 

25503 Cedar Springs Place in Spring Lakes, Spring, Texas, 77373

This home offers a huge backyard, cul-de-sac advantage, and boasts of many upgrades. The kitchen has granite and tile with stainless appliances. There is a raised bar and island. Most of the downstairs is hardwood floors. Large entry with fresh paint throughout make this home appealing to any family. The open floorplan has five bedrooms and three and a half baths. There is a gas fireplace, master suite with separate whirlpool tub and shower, huge closets with build ins and much more. The upstairs gameroom has a balcony with quite a view. There is a study downstairs with french doors and built ins. The three car garage and huge under stair storage closets give this home more than enough room to store extra stuff. Watch the video below to see your next dream home!

We're sorry, but we couldn't find MLS # 47853984 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

…or see the rest of what’s for sale in beautiful Spring Lakes

Showing properties 1 - 14 of 14. See more Spring Lakes - Spring, TX 77373.
(all data current as of 5/23/2012)

  1. 4 beds, 3 full, 1 part baths
    Home size: 3,062 sq ft
    Lot size: 8,635 sqft
    Year built: 2009
    Parking spots: 3
    Days on market: 8
    Listed with RE/MAX Vintage
  2. 5 beds, 3 full, 1 part baths
    Home size: 3,270 sq ft
    Lot size: 7,800 sqft
    Year built: 2003
    Parking spots: 3
    Days on market: 17
    Listed with The Taylor Group
  3. 4 beds, 3 full, 1 part baths
    Home size: 3,596 sq ft
    Lot size: 11,647 sqft
    Year built: 2004
    Parking spots: 3
    Days on market: 25
    Listed with Coldwell Banker United, REALTORS
  4. 4 beds, 2 full, 1 part baths
    Home size: 2,599 sq ft
    Lot size: 7,761 sqft
    Year built: 2001
    Parking spots: 2
    Days on market: 30
    Listed with Realty Associates
  5. 4 beds, 2 full baths
    Home size: 2,232 sq ft
    Lot size: 6,719 sqft
    Year built: 2003
    Parking spots: 2
    Days on market: 33
    Listed with RE/MAX Fine Properties
  6. 4 beds, 3 full, 1 part baths
    Home size: 2,739 sq ft
    Lot size: 8,375 sqft
    Year built: 2001
    Parking spots: 2
    Days on market: 43
    Listed with Realty Right Texas, LLC
  7. 5 beds, 3 full, 1 part baths
    Home size: 3,649 sq ft
    Lot size: 7,928 sqft
    Year built: 2002
    Parking spots: 3
    Days on market: 51
    Listed with Premier Real Estate Group
  8. 3 beds, 2 full baths
    Home size: 2,101 sq ft
    Lot size: 6,538 sqft
    Year built: 2003
    Parking spots: 2
    Days on market: 51
    Listed with Texas Home Group, REALTORS
  9. 5 beds, 3 full, 1 part baths
    Home size: 3,649 sq ft
    Lot size: 7,928 sqft
    Year built: 2002
    Parking spots: 3
    Days on market: 51
    Listed with Premier Real Estate Group
  10. 4 beds, 2 full, 1 part baths
    Home size: 2,294 sq ft
    Lot size: 5,314 sqft
    Year built: 1999
    Parking spots: 2
    Days on market: 112
    Listed with RE/MAX Northwest, REALTORS
  11. 4 beds, 2 full baths
    Home size: 2,319 sq ft
    Lot size: 10,508 sqft
    Year built: 2005
    Parking spots: 2
    Days on market: 113
    Listed with RE/MAX Integrity
  12. 4 beds, 3 full, 1 part baths
    Home size: 2,945 sq ft
    Lot size: 9,090 sqft
    Year built: 2003
    Parking spots: 2
    Days on market: 226
    Listed with Register Real Estate Advisors
  13. 4 beds, 2 full baths
    Home size: 2,319 sq ft
    Lot size: 10,508 sqft
    Year built: 2005
    Parking spots: 2
    Days on market: 233
    Listed with RE/MAX Integrity
  14. 4 beds, 3 full, 1 part baths
    Home size: 3,587 sq ft
    Lot size: 7,723 sqft
    Year built: 2005
    Parking spots: 3
    Days on market: 234
    Listed with Register Real Estate Advisors

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Short Sales Can Be Money Makers

One of my clients emailed me the link below.  He and I were talking the other day and he could not believe that we have had clients at RREA that have been over a year behind on their mortgages and still not foreclosed on.  It would have been unbelievable years ago, but in today’s market, it’s become the norm.  One of my agents closed on a short sale and the owners of the home walked away with $8K dollars after closing.  WOW!  The agent’s commission was less than $1,000 on the house.  The house was sold for less than $50K.  So the owner that got  foreclosed on walked away with almost one third of what the house sold for as a short sale.  This is free government money being given away to people who do not pay their mortgages.  What is wrong with this picture??

I worked on a short sale last year where the homeowner had a first and second mortgage.  After we found a buyer for the home, the second lien holder refused to take a settlement.  So although the first lienholder agreed to the deal, the buyer could not purchase the home because the second lienholder refused to take a settlement.  I have found that trying to do short sales on homes that have a first and second lienholder are much more difficult that short sales with just a first lien.  Unfortunately, the home foreclosed and the buyers lost the opportunity to purchase the home.  Short sales are tricky, so you need an experienced agent that can work the system to negotiate on your behalf with the mortgage company.  After you read this article, please leave thought below.  I would like to know how you feel about short sales.  If you or someone you know could potentially lose their home to foreclosure, please have them call me early enough so that we have time to sell the home before it forecloses.

National Article on Short Sales

Videos of Homes for Sale in Spring Lakes, Spring, Texas

At this time, Register Real Estate Advisors has several homes for sale in Spring Lakes.  This is a beautiful gated community in Spring, Texas located conveniently between I 45 and the Hardy Toll Road.  This fantastic community offers both one and two story homes and a variety of builders.  The homes are nestled among lakes, bike paths, tennis courts, parks, and pools.  Convenient to IAH, this neighborhood is also close to Woodlands shopping and only a 30 minute drive to downtown Houston.  Please take a minute to view the videos of homes for sale in Spring Lakes. If you would like to view any of these listings in person please call RREA to schedule a Realtor showing at 281.288.3500.

 

Showing properties 1 - 14 of 14. See more Spring Lakes - Spring, TX 77373.
(all data current as of 5/23/2012)

  1. 4 beds, 3 full, 1 part baths
    Home size: 3,062 sq ft
    Lot size: 8,635 sqft
    Year built: 2009
    Parking spots: 3
    Days on market: 8
    Listed with RE/MAX Vintage
  2. 5 beds, 3 full, 1 part baths
    Home size: 3,270 sq ft
    Lot size: 7,800 sqft
    Year built: 2003
    Parking spots: 3
    Days on market: 17
    Listed with The Taylor Group
  3. 4 beds, 3 full, 1 part baths
    Home size: 3,596 sq ft
    Lot size: 11,647 sqft
    Year built: 2004
    Parking spots: 3
    Days on market: 25
    Listed with Coldwell Banker United, REALTORS
  4. 4 beds, 2 full, 1 part baths
    Home size: 2,599 sq ft
    Lot size: 7,761 sqft
    Year built: 2001
    Parking spots: 2
    Days on market: 30
    Listed with Realty Associates
  5. 4 beds, 2 full baths
    Home size: 2,232 sq ft
    Lot size: 6,719 sqft
    Year built: 2003
    Parking spots: 2
    Days on market: 33
    Listed with RE/MAX Fine Properties
  6. 4 beds, 3 full, 1 part baths
    Home size: 2,739 sq ft
    Lot size: 8,375 sqft
    Year built: 2001
    Parking spots: 2
    Days on market: 43
    Listed with Realty Right Texas, LLC
  7. 5 beds, 3 full, 1 part baths
    Home size: 3,649 sq ft
    Lot size: 7,928 sqft
    Year built: 2002
    Parking spots: 3
    Days on market: 51
    Listed with Premier Real Estate Group
  8. 3 beds, 2 full baths
    Home size: 2,101 sq ft
    Lot size: 6,538 sqft
    Year built: 2003
    Parking spots: 2
    Days on market: 51
    Listed with Texas Home Group, REALTORS
  9. 5 beds, 3 full, 1 part baths
    Home size: 3,649 sq ft
    Lot size: 7,928 sqft
    Year built: 2002
    Parking spots: 3
    Days on market: 51
    Listed with Premier Real Estate Group
  10. 4 beds, 2 full, 1 part baths
    Home size: 2,294 sq ft
    Lot size: 5,314 sqft
    Year built: 1999
    Parking spots: 2
    Days on market: 112
    Listed with RE/MAX Northwest, REALTORS
  11. 4 beds, 2 full baths
    Home size: 2,319 sq ft
    Lot size: 10,508 sqft
    Year built: 2005
    Parking spots: 2
    Days on market: 113
    Listed with RE/MAX Integrity
  12. 4 beds, 3 full, 1 part baths
    Home size: 2,945 sq ft
    Lot size: 9,090 sqft
    Year built: 2003
    Parking spots: 2
    Days on market: 226
    Listed with Register Real Estate Advisors
  13. 4 beds, 2 full baths
    Home size: 2,319 sq ft
    Lot size: 10,508 sqft
    Year built: 2005
    Parking spots: 2
    Days on market: 233
    Listed with RE/MAX Integrity
  14. 4 beds, 3 full, 1 part baths
    Home size: 3,587 sq ft
    Lot size: 7,723 sqft
    Year built: 2005
    Parking spots: 3
    Days on market: 234
    Listed with Register Real Estate Advisors

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Relocation Specialist in Houston, Texas

Are you moving to the Houston area?  If so, the Realtors at Register Real Estate Advisors would like to be the first to welcome and assist you with all of your real estate needs.  We specialize in Northwest Houston -  The Woodlands, Spring, and Tomball, Texas.  As Relocation Specialist, we can help you sell your current property anywhere in the world and find a new one in our area.  Our brokerage offers Real Estate Advisors that have exceptional training and they are willing to show you can home on the market.  We help relocate families all over the globe.  Please call us today and we will be happy to mail you copies of the Houston Newcomer Guides and area maps and information.  This information will help you narrow down your search area and give you a lot of helpful information about the communities in the surrounding areas.  We would like to help you with all of your relocation needs and our website offers a wealth of information.  You can search the entire Houston MLS database on our website and see our featured listings.  You can read our award winning blog and catch up on all the latest housing news in the Houston area.  Please call us today so we can get started.  When you talk to your human resources coordinator, ask for our brokerage and agents by name because they are the best trained agents!  One call for all of your real estate needs – 281.288.3500.

Texas Cranking Out Jobs

By Dr. Ali
Anari, Research Economist, Real Estate Center at Texas A&M University

Oct. 25, 2011

COLLEGE STATION (Real Estate Center) – Texas was responsible for 19.4 percent of the total jobs created nationwide from September 2010 to September 2011, according
to the Real Estate Center’s latest Monthly Review of the Texas Economy.

Texas gained 248,700 nonfarm jobs during the period, an annual growth rate of 2.4 percent compared with 1.1 percent for the United States.

The state’s private sector added 281,400 jobs, an annual growth rate of 3.3 percent compared with 1.7 percent for the nation’s private sector.

Texas’ seasonally adjusted unemployment rate increased to 8.5 percent in September 2011 from 8.2 in September 2010. The nation’s rate decreased from 9.6 to 9.1
percent.

All industries except the information industry and the state’s government sector had more jobs in September 2011 than in September 2010. The state’s mining and
logging industry ranked first in job creation, followed by construction and the professional and business services industry.

All Texas metro areas except Abilene, Wichita Falls and Killeen-Temple-Fort Hood had more jobs in September 2011 than in September 2010. Victoria ranked first in job creation,
followed by Corpus Christi, Laredo, Odessa and College Station-Bryan.

The state’s actual unemployment rate in September 2011 was 8.4 percent. Midland had the lowest rate followed by Amarillo, Odessa, College Station-Bryan and Lubbock.

The report was written by Research Economist Dr. Ali Anari and Chief Economist Dr. Mark Dotzour.

—30—

 

Note to Editors

 

Additional research information:

Dr. Mark Dotzour, 979-862-6292 (chief economist)

Dr. Ali Anari, 979-845-2094 (econometrics)

Dr. Charles Gilliland, 979-845-2080 (rural land)

Dr. Harold Hunt, 979-847-9021 (commercial)

Dr. James Gaines, 979-845-2079 (residential)

Judon Fambrough, 979-845-2007 (legal issues)

For information on the Real Estate Center, contact Senior Editor David S. Jones at 979-845-2039 (voice), 979-845-0460 (fax) or d-jones@tamu.edu. Or contact Associate Editor Bryan
Pope, 979-845-2088 (office) or b-pope@tamu.edu.

More than 25,000 pages of data are available at the Center’s web site. News is also available in our electronic newsletter, our twice-weekly e-newsletter RECON (with RSS
feed
), our weekly Real Estate Red Zone podcast, on Facebook, daily NewsTalk Texas (with RSS feed) and on Twitter. To request a free press subscription
to our quarterly flagship periodical Tierra Grande magazine, contact David Jones at the address above.

What’s Important 5 Days Before Your Closing?

Sometime within the last 5 days before your home closes your lender will get an update on you.  This is sometimes referred to as the “5 day docs” condition.  The lender wants to check your employment to make sure it has not changed.  They also re-pull your credit.  This lets the lender know if you have any new credit inquiries or anything negative added to your credit.  Lastly, the lender will re-pull from Lexis Nexis.  This report gives them information from several resources like credit bureaus, DMV, and county records.  They are making sure there are no new addresses that appear associated with your name.  Your home purchase may have been approved by your lender, but if anything shows up on these updates then the lender might add a condition for your purchase to close.  It’s important that you do not have any surprises pop up before closing.

Moving to Spring Lakes in Spring, Texas?

Spring Lakes in Spring, Texas is a wonderful gated community to call home.  Many home buyers have been pleased to find that Salyers Elementary School, located in Spring Independent School District, is a warm and inviting experience for students of this neighborhood.  If you are relocating from another area of Houston or across the world, moving to Spring Lakes with children is easy.  The elementary school right outside of the community has about 650 students and is rated Recognized.  The tenure average for their teachers is 7.5 years.  The community offers pools, tennis courts, volleyball courts, lakes with fountains, miles of walking trails, and so much more.  To view homes that are currently for sale in Spring Lakes, please call 281.288.3500 for a showing.  Below is a list of homes currently for sale in this gated community that can be easily accessed from I45 or the Toll Road.

Showing properties 1 - 14 of 14. See more Spring Lakes - Spring, TX 77373.
(all data current as of 5/23/2012)

  1. 4 beds, 3 full, 1 part baths
    Home size: 3,062 sq ft
    Lot size: 8,635 sqft
    Year built: 2009
    Parking spots: 3
    Days on market: 8
    Listed with RE/MAX Vintage
  2. 5 beds, 3 full, 1 part baths
    Home size: 3,270 sq ft
    Lot size: 7,800 sqft
    Year built: 2003
    Parking spots: 3
    Days on market: 17
    Listed with The Taylor Group
  3. 4 beds, 3 full, 1 part baths
    Home size: 3,596 sq ft
    Lot size: 11,647 sqft
    Year built: 2004
    Parking spots: 3
    Days on market: 25
    Listed with Coldwell Banker United, REALTORS
  4. 4 beds, 2 full, 1 part baths
    Home size: 2,599 sq ft
    Lot size: 7,761 sqft
    Year built: 2001
    Parking spots: 2
    Days on market: 30
    Listed with Realty Associates
  5. 4 beds, 2 full baths
    Home size: 2,232 sq ft
    Lot size: 6,719 sqft
    Year built: 2003
    Parking spots: 2
    Days on market: 33
    Listed with RE/MAX Fine Properties
  6. 4 beds, 3 full, 1 part baths
    Home size: 2,739 sq ft
    Lot size: 8,375 sqft
    Year built: 2001
    Parking spots: 2
    Days on market: 43
    Listed with Realty Right Texas, LLC
  7. 5 beds, 3 full, 1 part baths
    Home size: 3,649 sq ft
    Lot size: 7,928 sqft
    Year built: 2002
    Parking spots: 3
    Days on market: 51
    Listed with Premier Real Estate Group
  8. 3 beds, 2 full baths
    Home size: 2,101 sq ft
    Lot size: 6,538 sqft
    Year built: 2003
    Parking spots: 2
    Days on market: 51
    Listed with Texas Home Group, REALTORS
  9. 5 beds, 3 full, 1 part baths
    Home size: 3,649 sq ft
    Lot size: 7,928 sqft
    Year built: 2002
    Parking spots: 3
    Days on market: 51
    Listed with Premier Real Estate Group
  10. 4 beds, 2 full, 1 part baths
    Home size: 2,294 sq ft
    Lot size: 5,314 sqft
    Year built: 1999
    Parking spots: 2
    Days on market: 112
    Listed with RE/MAX Northwest, REALTORS
  11. 4 beds, 2 full baths
    Home size: 2,319 sq ft
    Lot size: 10,508 sqft
    Year built: 2005
    Parking spots: 2
    Days on market: 113
    Listed with RE/MAX Integrity
  12. 4 beds, 3 full, 1 part baths
    Home size: 2,945 sq ft
    Lot size: 9,090 sqft
    Year built: 2003
    Parking spots: 2
    Days on market: 226
    Listed with Register Real Estate Advisors
  13. 4 beds, 2 full baths
    Home size: 2,319 sq ft
    Lot size: 10,508 sqft
    Year built: 2005
    Parking spots: 2
    Days on market: 233
    Listed with RE/MAX Integrity
  14. 4 beds, 3 full, 1 part baths
    Home size: 3,587 sq ft
    Lot size: 7,723 sqft
    Year built: 2005
    Parking spots: 3
    Days on market: 234
    Listed with Register Real Estate Advisors

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Home of Tomorrow…Today

DALLAS (MPL Public Relations) – This year’s State Fair of Texas, which opens today in Dallas, has at least one exhibit that may be of interest to anyone
involved with building or selling homes.

The fair’s “Home of Tomorrow” exhibit will showcase the latest technology in home automation, energy-efficient construction,
appliances, design and imaginative outdoor environments.

Highlights include the Net-Zero Energy Home, which demonstrates how a home can produce its own electricity, and even sell excess electricity created
within the home.

And for those who like cozy spaces, the Micro-Home shows how a bedroom, family room, kitchen and bathroom can all fit within a
space the size of a walk-in closet.

The exhibit is open through Oct. 23. The site is on the main gate plaza, between The Women’s Museum and the Daughters of the American
Revolution House.

Houston Office Market: Among Nation’s Strongest

HOUSTON (Marcus & Millichap) – One of the “healthiest employment markets in the country” will keep Houston office properties among the
nation’s strongest performers this year, reports Marcus & Millichap in its third-quarter 2011 office market update.

Among the firm’s projections for Houston for the remainder of 2011:

  • The city will add 98,000 jobs this year, an increase of 3.9
    percent, the nation’s largest. Last year, the metro gained 45,900
    positions, climbing 1.8 percent. Office users will create 17,900 spots,
    rising 3.4 percent.
  • In 2011, builders will complete major projects that broke ground before
    the recession. Developers are expected to bring 1.3 million sf of new
    office space to the metro, up from 1.1 million sf last year. Over the
    past five years, annual completions averaged 2.6 million sf.
  • Thanks to employment gains and below-trend construction, vacancy will fall
    to 14.1 percent this year, dipping 100 basis points. In 2010, vacancy
    ticked up 20 basis points.
  • Asking rents will gain 3.2 percent to $24.55 per sf at year end, while effective
    rents climb 4.6 percent to $20.80 per sf. In 2010, asking rents were down
    1.1 percent while effective rents fell 1.7 percent.

Copyright © 2012, Houston Realtors Information Service, Inc.

The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.

This IDX solution is (c) Diverse Solutions 2012.