Call Today! 940-209-2100

sales@aaronlayman.com
YouTubeXFacebookLinkedIn

Denton County Home Prices

Toll Brothers Net Orders Plunge 13 Percent In Q4

Shares of luxury home builder Toll Brothers fell out of bed today. Toll reported higher net income and higher revenue on a 12 percent increase in home closings for the quarter, but the market sniffed out what some people like myself were anticipating with Toll's latest quarter... a big drop in demand for expensive luxury homes. Toll was clearing out inventory with juicy incentives during the fourth quarter, but net signed contract value plunged 15 percent while net contract units (homes) fell 13 percent. Toll's orders for California nosedived 39 percent. Oops! “In November, we saw [...]

By |2018-12-04T19:33:14+00:00December 4th, 2018|Denton County Home Prices, Denton County New Homes, Denton County Real Estate, DFW Home Prices, DFW New Homes, DFW Real Estate, Spin Cycle|0 Comments
Read More

Higher Prices, Shrinking Homes – Denton County’s New Underwater Borrowers Found In HUD Annual Report

The Department of Housing and Urban Development's Fiscal Year 2018 report to Congress is filled with useful information on the state of the U.S. mortgage market. Contained within the 2018 annual report we can see where the latest crop of underwater borrowers are hiding in Denton County Texas. As the size of new homes continues to shrink, particularly for entry-level buyers, prices increases have begun to moderate or even decline in many areas. This poses a big problem for unsuspecting home buyers who have been roped into the housing market at the cycle peak with [...]

By |2018-11-28T01:29:11+00:00November 27th, 2018|Denton County Home Prices, Denton County New Homes, Denton County Real Estate, Denton Tx Home Prices, Denton Tx New Homes, Denton TX Real Estate, DFW Real Estate, Housing Market, Mortgage Rates, Mortgages, New Home Sales, Relocation|0 Comments
Read More

Denton County Existing Home Sales Decline 11% In October

Denton County existing home sales declined 11 percent in the month of October. Sales of existing single-family homes were a bit softer still. Pending sales of existing resale single-family properties in Denton County currently show an 18 percent decline for October.  These updated NTREIS figures for Denton County Texas show that the correction in the North Texas real estate market is still in play. We are nearing the end of the month following the official press release, so don't expect any significant improvements to the numbers. As I mentioned in my October housing market report, [...]

By |2019-07-20T19:50:55+00:00November 22nd, 2018|Denton County Home Prices, Denton County Real Estate, Denton TX Homes For Sale, Denton TX Real Estate, DFW Homes For Sale, DFW Real Estate, Existing Home Sales, Texas Real Estate|0 Comments
Read More

High Prices, Higher Rates Stall Dallas Fort Worth New Home Market

High prices and higher rates are hammering the Dallas-Fort Worth new home market. Starts from new home builders are now expected to increase by only a few hundred homes next year. I am not surprised. I covered this development a few days ago in my post on DR Horton's fourth quarter results, but a recent piece in the Dallas Morning News citing an industry insider/expert highlights the failure of local media to report on what is actually happening. My October housing market report for the DFW area explains why the correction in the local real estate [...]

By |2018-11-11T13:25:58+00:00November 11th, 2018|Dallas Tx Home Prices, Denton County Home Prices, Denton County New Homes, Denton County Real Estate, Denton Tx New Homes, Denton TX Real Estate, Development, DFW Home Prices, DFW New Homes, DFW Real Estate, Economy, Housing Market, Mortgage Rates, New Home Sales, Spin Cycle, Video|0 Comments
Read More

Denton County Home Sales Continue Sliding In October

Denton County Texas home sales continued to slide in October as the real estate market softened throughout the Dallas-Fort Worth area. Closed sales in Denton County fell roughly 8 percent for the month of October compared to last year. This is slightly worse than the 6% sales decline for the Dallas-Fort Worth metro area. Pending single-family home sales in the Denton County area were down about 14 percent for the month of October as the stock market swoon also hit the local housing sector. The official statistical estimate of a 9 percent pending sales decline [...]

By |2021-07-05T13:47:18+00:00November 9th, 2018|Denton County Home Prices, Denton County Homes For Sale, Denton County Real Estate, Denton Tx Home Prices, Denton TX Homes For Sale, Denton TX Real Estate, DFW Home Prices, DFW Homes For Sale, DFW Real Estate, Economy, Housing Market, In the Press, Markets, Mortgage Rates, Relocation, Spin Cycle, Texas Real Estate|0 Comments
Read More

October Swoon Suggests Denton County Real Estate Market Correction Just Getting Started

Denton County's real estate market is going to post some very soft numbers again for October. Both closed and pending home sales are going to be down year-over-year while pending home sales are likely going to post a double-digit decline not just in Denton County, but for the entire Dallas-Fort Worth housing market. OUCH! Available home inventory is shooting higher across the DFW area. While notable economists at the Federal Reserve, local real estate "professionals" and even the "experts" at the RECenter at Texas A&M have been dismissing recent developments as just a cooling off [...]

By |2022-01-05T03:37:34+00:00November 4th, 2018|Dallas Tx Employment, Denton County Home Prices, Denton County Real Estate, Denton Tx Home Prices, Denton TX Real Estate, DFW Home Prices, DFW Real Estate, Economy, Housing Market, Housing Policy, Humor, In the Press, Mortgage Rates, Real Estate, Spin Cycle, Texas Real Estate|0 Comments
Read More

New Home Sales Fall 13.2 Percent In September As Inventory Rises 34 Percent

The Census Bureau reported new home sales for September this morning at a seasonally adjusted annual rate of 553,000. This was 5.5 percent below revised August numbers and a 13.2% drop from September last year. The numbers for September new home sales were well below estimates, and they came on top of big downward revisions for previous months as well. Both the median price ($320,000) and the average price ($377,200) were below prices seen last year. The supply of new homes on the market swelled to 7.1 months in September. That translates to a 34% [...]

By |2020-09-22T15:47:34+00:00October 24th, 2018|Denton County Home Prices, Denton County New Homes, Denton County Real Estate, Denton Tx Home Prices, Denton Tx New Homes, Denton TX Real Estate, DFW Home Prices, DFW New Homes, Mortgage Rates, New Home Sales, Real Estate, Texas Real Estate|0 Comments
Read More

Denton County Ranks 3rd In Nation For Inbound Migration, Relocation

Denton County Texas ranks as the 3rd most popular destination in the United States according to a recent study from RentCafe on inbound and outbound migration during the past 5 years. Denton was behind only Maricopa County in Arizona and Clark County in Nevada. Not surprisingly, Texas is home to 5 of the 10 most popular inbound destinations. Denton County's net migration gain of 96,000 during the last 5 years is 10,000 more than neighboring Collin County which also made the top 10, posting at number 6. People in Las Angeles, Chicago, New York, Miami [...]

By |2018-10-19T18:16:14+00:00October 19th, 2018|Denton County Home Prices, Denton County Real Estate, Denton County Relocation, Denton Tx Home Prices, Denton TX Real Estate, DFW Real Estate, Housing Market, In the Press, Real Estate, Relocation|0 Comments
Read More

LGI Homes’ Beaver Creek In Denton TX A Haven For Wall Street Landlord

The quiet little community of Beaver Creek on the north side of Denton Texas offers a perfect portrait of what's wrong with the current housing market in the United states. Beaver Creek is an LGI Homes community that specializes in affordable starter homes priced in the mid to upper $200's. Having viewed the community earlier this year, I was interested to see how sales would progress since Denton Texas is a popular destination for DFW home shoppers looking for affordable homes. Denton home prices are generally more affordable than the average prices in the Dallas-Fort [...]

By |2022-08-06T13:42:36+00:00October 16th, 2018|Denton County Home Prices, Denton County New Homes, Denton County Real Estate, Denton Tx Home Prices, Denton TX Homes For Lease, Denton Tx New Homes, Denton TX Real Estate, Development, DFW Real Estate, Housing Market, Housing Policy, In the Press, Mortgages, Spin Cycle, Texas Real Estate|2 Comments
Read More

Denton County Home Sales See Big September Decline

Denton County home sales saw a big September decline as Dallas-Fort Worth experienced the sharpest home sales drop in seven years according to the latest NTREIS data. The latest press release on September home sales show a statistically estimated 7 percent drop in total single-family home sales in North Texas during the month of September. Pending sales show to be down 6% year-over-year. The median price of a North Texas single-family home was $251,000 in September, a gain of 4%. The average price of a single-family home stood at $304,331, an increase of 6%. Single-family [...]

By |2022-08-06T13:43:07+00:00October 8th, 2018|Denton County Home Prices, Denton County Homes For Sale, Denton County Real Estate, Denton TX Homes For Sale, Denton TX Real Estate, DFW Home Prices, DFW Homes For Sale, DFW Real Estate, Housing Market, Mortgage Rates, Texas Real Estate|0 Comments
Read More

Aaron Layman Realtor Denton County Texas Questions? Call me now at
940-209-2100

Contact
The listings on this site are for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Information About Brokerage Services – Aaron Layman Properties LLC

Texas Real Estate Commission Consumer Protection Notice

Aaron Layman Properties 2302 Rosegill Dr. Corinth, TX 76210

Big Fat Giant Disclaimer!  Nothing on this site should be construed as investment advice or legal advice. The opinions of your humble blogger are just that.

Go to Top