• Mortgage rates fell slightly in March, closing the month at 6.79%. The Fed continued its wait-and-see approach to rate cuts during the March meeting, holding the federal funds rate steady and stating that they need more data indicating that the economy is continuing to improve.
• Sales increased 9.5% month over month, and inventory rose 5.9%. More homes are coming to the market and quickly translating to more sales. New listings rose by 15% month over month, which only benefits the market.

Spring tips to revive the lawn

Touted as being the warmest on record, this winter also included freezing arctic blasts in January across most of the country while the south-east experienced a mid-March return to winter after warmer spring temperatures.

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Featured Development

Welcome to Peerless Court! This brand-new development is located minutes from the Medical Center, Downtown, and the University of Houston & Texas Southern campuses. Peerless Court offers contemporary living that features first-floor living with high-end finishes throughout, including engineered hardwood floors, Quartz countertops, stainless steel appliances, and modern shaker cabinets and hardware. The primary bedroom features an oversized walk-in closet as well as a gorgeous bathroom featuring a walk-in shower and freestanding tub. Each home has private driveways and a large backyard space with endless possibilities. Less than one mile from the new 52-acre, Hines Development, Levit Green! This commercial development features retail, dining, and outdoor spaces! Less than two miles away from the new TMC3 Medical Center development, a separate 37-acre mixed-use development bringing 23,000 permanent jobs to the area. Great rental investment and AirBnb!

hat's it for this month! Make sure to check back every end of the month for a new CQ Brief update!