Denton County Real Estate Market Remains Soft
Denton County's real estate market remained soft in February. Home sales fell seven percent from the same month a year ago, while median prices slid 3.8 percent. After bottoming in January, available inventory has started to pick up again with typical seasonality. Mortgage interest rates briefly dipped into the fives, but conflict in the Middle East has pushed rates and inflation expectations back up again. Area home prices remained under pressure from new construction. Builders have been offering generous discounts and lower prices to move their finished inventory. Lower prices on new homes are filtering [...]












