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Denton TX Homes For Sale

Denton Texas Homes For Sale

Home Sellers Can Say Goodbye to Six Percent Commissions

Home sellers can finally say goodbye to inflated six percent commissions. The big news in the real estate market this month wasn't the stagnant sales or home prices. The bombshell news for the housing market is NAR's $418 million settlement proposal to settle litigation over industry commissions. Stagnant Housing Market Continues The North Texas housing market continued to stagnate in February. Denton County experienced a 10 percent decline in closed sales for the month compared to last year. Pending sales were four percent lower. The median and average price per square foot of a Denton [...]

By |2024-08-13T11:05:17+00:00March 17th, 2024|Denton County Home Prices, Denton County Real Estate, Denton County Relocation, Denton Realtor, Denton Tx Home Prices, Denton TX Homes For Sale, Denton TX Real Estate, DFW Home Prices, DFW Homes For Sale, DFW Real Estate, Housing Market, Real Estate|0 Comments
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Denton County Housing Market Searching For a Soft Landing

Denton County's housing market was still searching for that soft landing in November. Home sales were down 2 percent year-over-year. Pending sales fell by nine percent. Median home prices were steady at $450,000. Ironically enough that's exactly where prices stood in November of last year. Average prices slid for the fourth consecutive month, putting them down 1 percent lower than last year. The average price of a Denton County home is $68,000 (eleven percent) lower than the bubble peak of last spring. The North Texas housing market is currently caught between The Federal Reserve's need [...]

By |2024-08-13T11:11:47+00:00December 11th, 2023|Denton County Home Prices, Denton County Homes For Sale, Denton County New Homes, Denton County Real Estate, Denton County Relocation, Denton Realtor, Denton Tx Home Prices, Denton TX Homes For Sale, Denton TX Real Estate, DFW Home Prices, DFW Homes For Sale, DFW New Homes, DFW Real Estate, DFW Relocation, Employment, Housing Market, Housing Policy, Monetary Policy, Mortgage Rates, Politics, Relocation|0 Comments
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New Highs For Mortgage Rates Curb Denton County’s Real Estate Market

Denton County's real estate market ran into significant hurdles in August. Mortgage interest rates for prospective buyers reached a new high for the cycle. That took a bite out of sales activity as the summer winded down. Closed sales in Denton County fell ten percent form the same time last year. Forward-looking contract activity slid 5 percent. Median and average home prices also cooled for second consecutive month. One thing that didn't cool in August was the incentives and mortgage-rate buydowns offered by new home builders. New home builders are agnostic sellers. They do what [...]

By |2024-08-13T11:18:05+00:00September 11th, 2023|Denton County Home Prices, Denton County Homes For Sale, Denton County New Homes, Denton County Real Estate, Denton County Relocation, Denton Realtor, Denton Tx Home Prices, Denton TX Homes For Sale, Denton Tx New Homes, Denton TX Real Estate, DFW Homes For Sale, DFW New Homes, DFW Real Estate, DFW Relocation|0 Comments
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Denton County Real Estate Market Appears to Be Stalling Out

Is the real estate market rebound stalling out? Denton County home prices edged higher again in June. The median price of home rose to $479,000, down 1.2% from the same time last year. Average prices in Denton County came in at $568,837. That was down 1.1 percent year-over-year. Average prices are still $20,000 shy of the spring 2022 bubble peak. Judging from the recent uptick in inventory levels and the typical seasonality of prices, it appears North Texas home prices will have to wait another year or more before we see those lofty levels again. [...]

By |2024-08-13T11:20:22+00:00July 11th, 2023|Denton County Home Prices, Denton County Homes For Rent, Denton County New Homes, Denton County Property Taxes, Denton County Real Estate, Denton County Relocation, Denton Realtor, Denton Tx Home Prices, Denton TX Homes For Sale, Denton TX Real Estate, DFW Home Prices, DFW Real Estate, DFW Relocation, Housing Market, Monetary Policy, Mortgage Rates|0 Comments
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Denton County Home Prices Fail To Recapture 2022 Peak

Denton County home prices have so far failed to recapture their 2022 highs. Official NTREIS stats show median home prices in Denton County Texas were 7 percent ($35,000) lower than May of last year. Average prices were down 6.8 percent ($40,000) year-over year. Home sales in the area were down 3.9 percent from this time last year. Stagnant sales volumes remain a theme with 6 and 7 percent interest rates taking a bite out of affordability for many prospective buyers. Pending contracts in Denton County were 7 percent lower year-over-year in May. Available home inventory [...]

By |2024-08-13T11:21:08+00:00June 11th, 2023|Denton County Home Prices, Denton County Homes For Sale, Denton County Property Taxes, Denton County Real Estate, Denton County Relocation, Denton Realtor, Denton Tx Home Prices, Denton TX Homes For Sale, Denton TX Real Estate, DFW Home Prices, DFW Homes For Sale, DFW Real Estate, DFW Relocation, Monetary Policy, Mortgage Rates, Politics|0 Comments
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Denton County Home Prices Bounce, But Still Lower Than a Year Ago

The Denton County and North Texas housing market continued to bounce in April. Median home prices were up over $40,000 from January, but still down 1.6 percent from April of last year. The ridiculous bubble from the spring of 2022 continues to make for tough year-over-year comparisons. Thin resale inventory and higher prices are still taking a toll on sales. Closed sales in Denton County were down 8 percent from a year ago, while pending contracts were 5 percent lower. With the tighter conditions this spring average days on market fell to 51 days. Average [...]

By |2024-08-13T11:22:01+00:00May 11th, 2023|Denton County Home Prices, Denton County Homes For Rent, Denton County Homes For Sale, Denton County New Homes, Denton County Property Taxes, Denton County Real Estate, Denton County Relocation, Denton Realtor, Denton Tx Home Prices, Denton TX Homes For Sale, Denton TX Property Taxes, Denton TX Real Estate, DFW Home Prices, DFW Homes For Lease, DFW Homes For Sale, DFW New Homes, DFW Real Estate, DFW Relocation, Housing Market, Housing Policy, Mortgage Rates|0 Comments
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Real Estate Market Bounces as Banking Crisis Fades

The real estate market bounced in March as turmoil in the banking sector subsided. Denton County home sales nearly doubled from the January lows, putting sales up 13 percent from a year ago. Pending contract edged up as well, placing contract activity 10 percent higher than March of last year. Some context is in order here since activity is still light compared to historical trend. This is largely due to diminished inventory levels. Denton County was still sitting on 1.8 months of supply in March. That's down from the 2.9 months we saw in October [...]

By |2024-08-13T11:23:01+00:00April 10th, 2023|Denton County Home Prices, Denton County New Homes, Denton County Real Estate, Denton County Relocation, Denton Realtor, Denton TX Homes For Sale, Denton Tx New Homes, Denton TX Real Estate, DFW Employment, DFW Homes For Sale, DFW New Homes, DFW Real Estate, DFW Relocation, Housing Market, Monetary Policy, Mortgage Rates|0 Comments
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Higher Rates Coming Back for the North Texas Housing Market

The North Texas housing market started off the year with renewed animal spirits. It appears the Powell Fed made a colossal mistake by taking their foot off the breaks before inflation has been vanquished. We can already see signs of inflation percolating again in the housing market. The Fed Back to Where it Started The first FOMC meeting of 2023 revealed a huge blunder by the Powell Fed. As the markets ramped higher for the last month asset owners cheered that inflation had been conquered. Housing market participants reveled in the headlines of a coming [...]

By |2024-08-13T11:24:48+00:00February 10th, 2023|Denton County Home Prices, Denton County Homes For Rent, Denton County Homes For Sale, Denton County New Homes, Denton County Real Estate, Denton County Relocation, Denton Realtor, Denton Tx Home Prices, Denton TX Homes For Sale, Denton TX Real Estate, DFW Home Prices, DFW New Homes, DFW Real Estate, DFW Relocation, Housing Market, Monetary Policy, Mortgage Rates|0 Comments
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North Texas Housing Market Looks to Fed for Signs of Relief

The North Texas housing market continues to hope for a soft landing by the Fed. Agents and market participants continue to front-run a Fed pivot that hasn't happened. There are plenty of people in the real estate industry who want and need lower rates to bolster their business. Many of these same people are agents and levered speculators who feasted on the $trillions in stimulus that drove the markets to their bubble highs. Fortunately cooler heads are currently driving policy. Normalization in the housing market continues to trim some of the froth from the housing [...]

By |2024-08-13T11:25:28+00:00January 9th, 2023|Denton County Home Prices, Denton County New Homes, Denton County Real Estate, Denton County Relocation, Denton Realtor, Denton Tx Home Prices, Denton TX Homes For Sale, Denton TX Real Estate, DFW Home Prices, DFW Homes For Sale, DFW Real Estate, DFW Relocation, Housing Market, Housing Policy, Monetary Policy, Mortgage Rates|0 Comments
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Demand Destruction Hitting Denton County Housing Market

Demand destruction continues to hit the Denton County housing market. The Federal Reserve's housing reset and tighter policy led to a 28 percent slide in home sales in November. Pending contracts for homes were down 24 percent from the same time a year ago. In reality sales numbers are softer than official estimates. We still have another 6 months or so before we'll see more accurate comparisons on sales totals with new construction sales consistently in the MLS. According to the Mortgage Bankers Association mortgage purchase applications are still running about 40 percent lower than [...]

By |2022-12-13T15:43:41+00:00December 11th, 2022|Denton County Home Prices, Denton County New Homes, Denton County Real Estate, Denton TX Homes For Sale, Denton Tx New Homes, Denton TX Real Estate, DFW Homes For Sale, DFW New Homes, DFW Real Estate, DFW Relocation, Housing Market, Housing Policy, In the Press, Monetary Policy, Mortgage Rates|0 Comments
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Aaron Layman Realtor Denton County Texas Questions? Call me now at
940-209-2100

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