Industry News
August 2021 Housing Report
The hot housing market might be starting to cool off a bit, but the recovery in inventory is going to be slow. Housing inventory levels for August were still historically low at 1.2 months, and buyers are still having to move quickly …
Industry News
July 2021 Housing Report
Inventory increased to 1.3 months, which is an improvement from the 0.9 months earlier this year, but significantly lower than the 2.0 months of July 2020. The Real Estate Center at Texas A&M University cites that 6.5 months of inventory represents a …
Industry News
June 2021 Housing Report
Sellers started to emerge in June, leading to an increase in inventory. However, a backlog of eager homebuyers and low mortgage rates helped continue the upward trend of home prices, as the median price hit $300,000. The Real Estate Center at Texas …
Industry News
Mortgage Rates Drop Back Below 3%
If there is an upside to all the pandemic-induced uncertainty in the economy, it’s the rock-bottom mortgage rate bonus for homeowners and homebuyers. Today’s rate represents a decrease of 0.04 percentage points from last week’s 3.02%. Rates have been below 3% for …
Industry News
May 2021 Housing Report
Home buyers in May paid 25 percent more for a house than they would have paid one year ago, according to the latest housing report data. The median home price for May 2021 climbed to $295,000, setting another record high. The continued …
Industry News
APRIL 2021 HOUSING REPORT
Inventory stayed at 0.9 months, which was 1.4 months less than April 2020. The Real Estate Center at Texas A&M University cites that 6.5 months of inventory represents a market in which supply and demand for homes is balanced. “More sellers are …
Community Connect Industry News Local Events
OAK + ASH REALTY OFFICE GRAND OPENING!!!
We are excited to announce after being in business for 1 year that we are opening our first physical location. This has been made possible by our wonderful clients and agents working with us. We would like for you to join us! …
Industry News
Comparative Market Analysis (CMA)
Did you know that the process that a real estate agent uses to estimate value for a property is called a Comparative Market Analysis (CMA)? A CMA is an evaluation of a home or property’s value based on similar, recently sold comparable …
Industry News
February 2021 Housing Report
Inventory has dropped steadily since the summer of 2020, reaching a new low as it dipped below one month to 0.9 months in February 2021. The Real Estate Center at Texas A&M University cites that 6.5 months of inventory represents a market …
Community Connect Industry News
Dreaming About Buying a Home?
There is just something unique about owning your own home. The satisfaction of picking your own furnishings, paint colors, and designs are what make it your home. Having that special place to go to at the end of each day makes for …
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