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Denton County Real Estate

Sears At Golden Triangle Mall In Denton TX Closing In September

Sears Holdings announced a new batch of store closings and it appears the long anticipated closure of the Golden Triangle Sears location is finally here. After reporting dismal first quarter results, Sears announced a new batch of 72 Sears and KMart locations that will be shut down in September. According to the latest press release from Sears Holdings, the auto center at the Golden Triangle Denton TX location will shut down in early June. In addition to the Denton Sears closure, three other DFW stores will also be shut down in early September. Those Sears [...]

By |2018-09-21T09:35:16+00:00May 31st, 2018|Denton County Real Estate, Denton TX Real Estate, Development, DFW Real Estate, Economy, In the Press|0 Comments
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Denton TX Mortgages – Lock Your Rate Or Not?

Should you lock your Denton TX mortgage interest rate at the time of application? If you are buying a home, it's a difficult question to answer. As early as last week Treasury bears were screaming at the rooftops that yields (and by default mortgage rates) were going to shoot higher, as evidenced by the 10-year Treasury crossing a supposed line in the sand above 3%. What a difference a few days makes! This morning the yield on the benchmark 10-Year Treasury dipped to 2.82 percent, retracing 29 basis points from the recent "line in the [...]

By |2022-01-05T03:39:00+00:00May 29th, 2018|Denton County Real Estate, Denton TX Real Estate, DFW Real Estate, Economy, Housing Market, Mortgage Rates, Mortgages, Real Estate, Texas Real Estate|0 Comments
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Denton ISD Housing Activity Poised For Future Growth

The Denton Independent School District board of trustees received their quarterly growth report at the last school board meeting. The Q1 report from Templeton Demographics highlights current district growth patterns as well as future lot development within Denton ISD's 180 square mile boundary. There are also some interesting statistics on Denton home prices and Denton homes for sale. Some of the more interesting highlights from the demographic report include: Student Enrollment within Denton ISD stands at 29,420 Unemployment rate of 3.2% within Denton ISD, compared to 3.7% for the DFW MSA Over 32,000 future new [...]

By |2022-08-06T13:43:29+00:00May 25th, 2018|Denton County Home Prices, Denton County New Homes, Denton County Real Estate, Denton Tx Home Prices, Denton TX Homes For Sale, Denton Tx New Homes, Denton TX Real Estate, Development, Economy, Education|0 Comments
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April Existing Home Sales Soften 2.5%

The National Association of Realtors reported a 2.5 percent slide in existing home sales for April. That translates to a 1.4 percent decline compared to last year. According to NAR the median price of an existing home sold in April was $257,900, a rise  of 5.3 percent compared to last year. The average price of an existing home was $297,300, an increase of 3.3 percent compared to last year. NAR chief economist, Lawrence Yun, blamed low inventory for the sluggish April sales... “The root cause of the underperforming sales activity in much of the country [...]

By |2019-02-06T01:40:57+00:00May 24th, 2018|Denton County Home Prices, Denton County Real Estate, DFW Home Prices, DFW Real Estate, Existing Home Sales, Housing Market, Housing Policy, In the Press, Politics, Spin Cycle, Texas Real Estate|0 Comments
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Dallas TX Employment Reaches New Heights In April

Employment growth in the Dallas area (Dallas-Fort Worth-Arlingon MSA) pushed to new heights in April with a new record for jobs in the region. Dallas has added jobs each month so far this year as the unemployment rate sits near 3.4 percent. Texas added a total of 39,600 jobs in April according to seasonally adjusted data from the Texas Workforce Commission. The oil boom in the Permian Basin continued to boost employment in the Odessa Midland area with Midland posting a state-low unemployment rate of just 2.1 percent. Non-adjusted data show that the Dallas area [...]

By |2020-03-28T14:42:46+00:00May 22nd, 2018|Dallas Tx Employment, Denton County Real Estate, DFW Real Estate, Economy, Relocation, Texas Employment|0 Comments
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Denton TX Mortgage Rates Highest In 7 Years

Denton TX mortgage rates reached their highest levels in 7 years according to the latest weekly survey data from Freddie Mac. With Denton area home prices at record levels home sales activity and prices could soon be affected. As I have detailed in previous posts, you can already see this happening in many of the more expensive DFW submarkets. It is rather ironic that the Fed's latest Quarterly Report On Household Debt and Credit shows that debt rose for a 15th consecutive quarter with the latest increase fueled by mortgages and student loans. The real [...]

By |2020-03-28T14:43:05+00:00May 17th, 2018|Denton County Home Prices, Denton County New Homes, Denton County Real Estate, Denton Tx Home Prices, Denton TX Homes For Sale, Denton Tx New Homes, DFW Home Prices, DFW New Homes, DFW Real Estate, Housing Market, In the Press, Mortgage Rates|0 Comments
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Denton County Home Sales Flat In April Amid Higher Mortgage Rates

Denton County home sales were relatively flat in April compared to the same month in 2017. Preliminary sales figures show a 1 percent decline in closings within Denton County compared to a two percent sales gain in the larger DFW area. Average home prices in Denton County were up 7.5 percent compared to last year, in line with the record high prices seen in recent months. Pending sales, a more forward-looking indicator of future closings also point to some stagnant sales activity ahead. Pending sales in Denton County show to be up 2.7 percent while [...]

By |2018-05-14T15:40:21+00:00May 11th, 2018|Dallas Tx Home Prices, Denton County Home Prices, Denton County Homes For Rent, Denton County New Homes, Denton County Real Estate, Denton TX Homes For Lease, Denton TX Homes For Sale, Denton Tx New Homes, DFW Home Prices, DFW Homes For Lease, DFW Homes For Sale, DFW Real Estate, Housing Market, Mortgage Rates|0 Comments
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Signs That You Chose The Wrong Denton County TX Realtor

I am often contacted by buyers or sellers who want my help or suggestions when they are already being represented by other companies or real estate brokers. It's the nature of the business, and the stories are often frustrating, sometimes infuriating. If only they had called me before hiring another broker! Today's story is a perfect example of why you should choose your Denton County Realtor very carefully. My day started on rather interesting note when I opened my inbox to get a message from another Realtor who apparently needed help finding a new 3-bedroom [...]

By |2018-05-04T17:32:26+00:00May 3rd, 2018|Denton County Home Prices, Denton County Real Estate, Denton TX Homes For Sale, DFW Real Estate, Education, Humor, Texas Real Estate|0 Comments
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Denton County Rental Market Remains Hot In 2018

The Denton County rental market is still running hot in 2018. April closings of rentals in Denton County show a 20 percent increase so far compared to the same time last year. Year-to-date figures for the DFW housing market also show strong activity in the rental market. Your typical rental home in Denton County cost a little over $1900 per month in April. That translates to a cost per square foot of $94, in line with the average price per square foot for the DFW area. While total rent prices may be higher, the price per [...]

By |2022-08-06T13:43:56+00:00May 2nd, 2018|Dallas Tx Home Prices, Denton County Home Prices, Denton County Homes For Rent, Denton County Real Estate, Denton Tx Home Prices, DFW Home Prices, DFW Homes For Lease, DFW Real Estate, Housing Market|0 Comments
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The Fed Has Successfully Destroyed The U.S. Housing Market

A few days ago a friend of mine sent me a link to some "insight" on the coming economic developments that we should be preparing for in terms of debts and deficits. The company providing this research piece has over a $trillion in assets under management. Since I have a healthy skepticism of anything the financial "services" industry is selling I decided to give it a read. It was very informative, partly due to a complete fundamental ignorance of basic economics, but also because of an obvious contradiction with the author's stated assumptions. As I [...]

By |2018-04-29T10:58:50+00:00April 27th, 2018|Denton County Real Estate, DFW Real Estate, Economy, Education, Housing Market, Housing Policy, In the Press, Politics, Spin Cycle|7 Comments
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Aaron Layman Realtor Denton County Texas Questions? Call me now at
940-209-2100

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