Call Today! 940-209-2100

sales@aaronlayman.com
YouTubeXFacebookLinkedIn

DFW Home Prices

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
Read More

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
Read More

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
Read More

Meritage: “Strong Demand For Entry Level Homes” Drives New Orders Increase

Meritage Homes reported first quarter sales yesterday, and the publicly traded home builder admitted what many, including myself, have been saying. New home prices have eclipsed the threshold of what most Americans can afford (or are willing) to pay. Meritage saw a 2 percent increase in closed sales for the quarter on average new home prices that were up by just 1 percent. New orders grew 10 percent compared to the same quarter last year on average sales prices that were 2 percent lower. This is the dilemma now facing most new home builders with [...]

By |2018-04-27T12:17:40+00:00April 27th, 2018|Collin County Home Prices, Denton County Home Prices, Denton County New Homes, Denton County Real Estate, Denton Tx Home Prices, Denton Tx New Homes, DFW Home Prices, DFW New Homes, DFW Real Estate, Housing Market|0 Comments
Read More

New Home Sales Climb In March With Lower Average Prices

The Census Bureau reported that new home sales in the United States climbed to a seasonally adjusted annual rate (SAAR) of 694,000 in March. This represents a sales increase of almost 9 percent compared to last year. Sales for January and February were also revised higher. The median price of a home sold in March was $337,200 while the average price of a new home contracted in March was $369,900 according to Census estimates. While the median price climbed in March, the average price of a new home in the United States declined by $14,500 [...]

By |2018-04-24T18:39:48+00:00April 24th, 2018|Collin County Home Prices, Dallas Tx Home Prices, Denton County Home Prices, Denton County New Homes, Denton Tx Home Prices, Denton Tx New Homes, DFW Home Prices, DFW New Homes, Existing Home Sales, Housing Market, Mortgage Rates, New Home Sales|0 Comments
Read More

Denton County Home Prices Hit New High In March As Sales Cool

Denton County home prices hit a new record high in March with the average price of a Denton County home posting at just over $360,000. Median home prices for Denton County also hit a new all-time high rising to almost $320,000. That was a jump of 8 percent from March of last year. While home prices throughout the DFW area were hitting new highs at the end of the first quarter, actual closed sales of homes declined 5 percent in March. Denton County saw a similar 5 percent decline in home closings for the month. [...]

By |2018-04-12T15:16:55+00:00April 12th, 2018|Collin County Home Prices, Dallas Tx Home Prices, Denton County Home Prices, Denton County New Homes, Denton County Property Taxes, Denton County Real Estate, Denton Tx Home Prices, Denton TX Homes For Sale, Denton Tx New Homes, DFW Home Prices, DFW Homes For Sale, DFW New Homes, DFW Real Estate, Economy, Housing Market, Mortgage Rates|0 Comments
Read More

Markets Wobbling As Fed Normalization Hits $30 Billion Per Month In Q2

The markets were wobbling again this week, but regardless, the Fed normalization will hit $30 billion per month in April. I must confess that I get a good laugh when I hear market apologists and real estate pundits talk up the magnificent economy and housing market we are blessed with in Texas. Yes, things are pretty good here in the Lone Star State, and the DFW housing market still seems to have legs. Unfortunately the real economy is not nearly as robust as many talking heads and sell-side practitioners would have you believe. The March employment [...]

By |2018-04-06T23:20:16+00:00April 6th, 2018|DFW Home Prices, DFW Real Estate, Economy, Education, Markets, Mortgage Rates, Politics, Real Estate, Spin Cycle, Texas Employment, Texas Home Prices, Texas Real Estate|0 Comments
Read More

Lennar Homes Posts Solid First Quarter After CalAtlantic Acquisition

Lennar Homes delivered 6765 homes during the first quarter of 2018, the first fiscal quarter capturing a portion of the CalAtlantic acquisition. New orders at Lennar jumped 30% with a dollar value of $3.4 billion. After absorbing CalAtlantic Homes, the combined company now boasts a backlog of 17,566 homes with a combined value of $7.7 billion. Contributing to that huge backlog were 7190 homes from CalAtlantic worth an estimated $3.6 billion. Lennar is now America's largest home builder looking at the total dollar value of homes. We'll have to wait for 2nd quarter results fully [...]

By |2018-04-06T13:30:34+00:00April 6th, 2018|Collin County Home Prices, Dallas Tx Home Prices, Denton County Home Prices, Denton County Real Estate, Denton Tx Home Prices, Denton Tx New Homes, DFW Home Prices, DFW New Homes, DFW Real Estate, Housing Market, Mortgage Rates, New Home Sales, Real Estate|0 Comments
Read More

Denton, Collin County See Declining Home Affordability

Denton and Collin County continue to suffer from declining home affordability. A recent Q1 2018 report from Attom Data Solutions shows that several North Texas housing markets saw worsening affordability rankings compared to last year. Grayson and Ellis Counties were near the top of the list of the most unaffordable counties in the U.S. to buy a home based local home prices and weekly average wages. Grayson and Ellis rank high on the list due to the relatively low average wages and the recent bout of home price inflation that has far exceeded wage gains. [...]

By |2020-03-28T14:43:29+00:00April 1st, 2018|Collin County Home Prices, Dallas Tx Home Prices, Denton County Home Prices, Denton County Real Estate, Denton Tx Home Prices, DFW Home Prices, DFW Homes For Sale, DFW Real Estate, Mortgage Rates|0 Comments
Read More

U.S. New Home Sales Flat In February

The Census Bureau reported new home sales for February at a seasonally adjusted annual rate of 618,000. This was slightly below expectations, but January was revised significantly higher so month over month the change was negligible. Compared to last year new home sales in February were up less than one percent. The median price for a new home contracted (signing of contract, not actually closing) was $326,800 while the average price of a new home last month posted at $376,700. The supply of new homes stood at 5.9 months in February, near the top of [...]

By |2018-03-23T18:29:05+00:00March 23rd, 2018|Collin County Home Prices, Dallas Tx Home Prices, Denton County Home Prices, Denton County Real Estate, Denton Tx New Homes, DFW Home Prices, DFW Real Estate, Economy, Markets, Mortgage Rates, New Home Sales, Real Estate, Texas Home Prices|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