This month we’re taking a look back at new construction sales in River Oaks, all the way back to the start of 2021. You may well ask, why not just look at the sales so far in 2022? The startling answer is that there have only been four new-construction sales this year. Indeed, just five
It may come as a surprise to buyers today who are angling for a house in River Oaks at a civilized price-point (they are hard to come by), that — breaking news! — the River Oaks real estate market peaked in February 2021. That is not a typo. If you’re getting your real estate news
It’s exhilarating to buy – or sell – a home. But sometimes that excitement is mitigated by the slew of closing costs added to the transaction. By the time you’re at the closing table, they can really add up. This is true for both sellers and buyers. The good news is that neither party has
We customarily use our mid-March market update as an opportunity to look back at the activity so far since the new year, using some commentary about market conditions, with a few statistics thrown in. For this month’s River Oaks Letter we are going to switch things around, focusing on the numbers, which paint a very
One sensed a pause in the action as February 2022 got underway. By mid-January, showing activity in the River Oaks area – the earliest indicator of future sales – was disappointing despite a hectic week at the very start of the year. Subsequently, there were only eight newly pending contracts by mid-February. By contrast, for
Our River Oaks Market Report ~ 2022 Outlook is at the printer this week and will soon be in subscribers’ mailboxes. In the meantime, we have a sneak peak at one of the categories that we always cover – the under-served Under $2 Million – that we have fleshed out with some extra graphs. Note: