Spring Lakes May 2019
LET OUR RESOURCES COVER ALL SIDES OF YOUR HOME INVESTMENT
Presented by BRECK and EVA MARKHAM
MARY PAPAGEORGE Branch Manager NMLS# 287880 M: 713.569.0025 JARYN LEVITAS Co-Founder, COO O: 713-275-2784 E: Jaryn@spearheadinsurancegroup.com
JONATHAN AND ANGELA-MARIE WILLIAMS,
There are currently 9 Active homes and 4 Pending homes in Spring Lakes. For more information on any of these listings, call Breck & Eva at 281.687.8362.
HOMES SOLD IN THE LAST 60 DAYS Status Address
Est. Sq. Ft.*
Beds
Baths
List Price
Sold Month
Private Pool
Sold
506 Island Spring Court
3,500
5
3.0
$321,900
04/23/19
Yes
Sold
25546 China Springs
2,500
4
2.1
$209,000
04/08/19
Yes
Sold
25610 Valley Springs Place
2,800
4
3.1
$274,900
04/02/19
Yes
Sold
911 Spring Source Place
2,700
4
2.1
$230,000
03/29/19
Yes
Sold
25706 Lake Springs Way
2,600
4
2.1
$280,000
03/29/19
Yes
Sold
25519 Buffalo Springs Court
2,200
3
2.0
$195,000
03/28/19
Yes
Sold
25807 Austin Springs
2,600
4
2.1
$248,300
03/25/19
Yes
Sold
25718 Wrexham Springs Court
3,500
4
3.1
$320,000
03/15/19
Yes
Sold
1018 Casting Springs Way
2,300
4
2.0
$215,000
02/25/19
Yes
Breck and Eva Markham and RE/MAX Integrity are not in any way affiliated with Spring Lakes Home Owners Association, nor is this in any way an official advertisement or publication of Spring Lakes. © 2019 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the HARMLS between February 25th, 2019 and April 26th, 2019. Listings and sales may not be those of RE/MAX Integrity. The HARMLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Square feet and list price rounded to nearest hundred.
HOUSING MARKET IS NORMALIZING IN 2019 Jonathan and Angela-Marie,
30-YEAR FIXED INTEREST RATES
The real estate market is projected to
Interest rates will rise as price appreciation starts to slow to more normal levels. Sales of new and existing homes will climb
4.9 Q1
5.0
Home Prices in 2019 will appreciate by:
1990 8.12% 2000 6.29%
Q2
Even with rates rising, you can still secure a lower rate than your parents or grandparents did!
2019
as more inventory comes to the market!
in millions
6.08 6.02
6.04
6.07 6.00
6.00
4.8%
5.96
year-over-year
*Historic normal home price appreciation is 3.6%
Freddie Mac
Fannie Mae
MBA
https://www.keepingcurrentmatters.com/2018/12/28/where-is-the-housing-market-headed-in-2019-infographic/ Source: Freddie Mac, Fannie Mae, MBA, CoreLogic & NAR
RE/MAX Integrity | 19510 Kuykendahl Road, Suite B | Spring, TX 77379 (281) 370-5100
Breck and Eva Markham REALTORS®, Listing Specialists
281.687.8362
Sold@BreckandEva.com Visit us at HomesofSpringLakes.com
Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2019
2018 2019
6.24
HOME SALES
According to CoreLogic’s Home Price Index
1980 12.7%
Q4
Q3
HOME PRICES
1970 8.86%
5.3
5.2
have a great year in 2019!
HISTORIC RATES
NAR