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Denton County Real Estate Market Stagnation Continues
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Denton County Real Estate Market Stagnation Continues

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 Lease, Denton TX Homes For Sale, Denton Tx New Homes, Denton TX Real Estate, DFW Home Prices, DFW Homes For Lease, DFW Homes For Sale, DFW New Homes, DFW Real Estate, DFW Relocation, Economy, Housing Market, Housing Policy, Mortgage Rates

Denton County Real Estate Market Stagnation Continues

The stagnation continued for the Denton County real estate market in January. 2025 is not off to a great start. Home sales were up 3.8 percent from a year ago, but pending contracts were 7.8 percent lower compared to last year. Contract activity in the city of Denton fell 10 percent year-over year. Closed sales plummeted 23 percent. That was the lowest sales volume for the city since January of 2017. The combination of historically normal market interest rates combined with inflated home prices continues to be a toxic mix for the Denton County real [...]

Denton County Housing Market Perks Up
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Denton County Housing Market Perks Up

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 Lease, Denton TX Homes For Sale, Denton Tx New Homes, Denton TX Real Estate, DFW Home Prices, DFW Homes For Lease, DFW Homes For Sale, DFW Real Estate, DFW Relocation, Economy, Housing Market, Housing Policy, Relocation

Denton County Housing Market Perks Up

Denton County's housing market perked up in November. Post-election enthusiasm and renewed animal spirits helped push home sales up 10 percent. Median home prices jumped 2.2 percent year-over-year in November. Average prices rose even more, but the disconnect in the market continued. Wealthy property owners continue to skew the overall picture of the North Texas housing market. Area land prices are still grossly inflated. The housing market isn't nearly as healthy as many agents would have you believe. The jump in sales activity is certainly welcome, but it would be foolish (spelled intellectually dishonest) to [...]

North TX Housing Affordability Gets Crushed
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North TX Housing Affordability Gets Crushed

Denton County Home Prices, Denton County Homes For Rent, Denton County New Homes, Denton County Real Estate, Denton County Relocation, Denton Tx Home Prices, Denton TX Homes For Sale, Denton TX Real Estate, DFW Home Prices, DFW Homes For Lease, DFW New Homes, DFW Real Estate, DFW Relocation, Economy, Housing Market, Housing Policy, Monetary Policy, Mortgage Rates

North TX Housing Affordability Gets Crushed

North Texas housing affordability got crushed in October. The temporary relief of lower mortgage rates was just that. Mortgage rates bounced significantly following the Federal Reserve's September rate cut. Real market rates for traditional U.S. mortgages remain near the 7 percent mark following the election. The combination of real mortgage rates and continued high prices has proven to be a major challenge for the North Texas housing market. As rates and expectations cooled into the September FOMC meeting, available home inventory was beginnig to shrink. Denton County home sales jumped 10 percent from the previous [...]

Something’s Gotta Give – Home Prices or Mortgage Rates
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Something’s Gotta Give – Home Prices or Mortgage Rates

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 Tx Home Prices, Denton TX Homes For Lease, Denton TX Homes For Sale, Denton Tx New Homes, Denton TX Real Estate, DFW Employment, DFW Home Prices, DFW Homes For Lease, DFW Homes For Sale, DFW New Homes, DFW Real Estate, DFW Relocation, Economy, Employment, Housing Market, Housing Policy, In the Press, Monetary Policy, Mortgage Rates

Something’s Gotta Give – Home Prices or Mortgage Rates

Something's gotta give in terms of mortgage rates or home prices. While many agents and loan officers were cheering a 50 basis point rate cut from the Federal Reserve in September, the bond markets smelled a rat. Mortgage rates responded by actually rising by a half point since the Fed's announcement. This halted recent improvement in sales activity. It will also have an effect on home prices now that forward expectations are receiving a dose of reality. The reality is that inflation isn't dead, not by a long shot. Some real estate industry practitioners were [...]

Inflated Prices Curb Denton County Home Sales
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Inflated Prices Curb Denton County Home Sales

Denton County Homes For Rent, Denton County Homes For Sale, Denton County Real Estate, Denton County Relocation, Denton Realtor, Denton Tx Home Prices, Denton TX Homes For Lease, Denton TX Homes For Sale, Denton TX Real Estate, DFW Home Prices, DFW Homes For Lease, DFW Homes For Sale, DFW Real Estate, DFW Relocation, Economy, Employment, In the Press

Inflated Prices Curb Denton County Home Sales

Inflated prices continue to curb Denton County home sales. Prevailing mortgage rates are at the lowest levels we've seen in 19 months, but that hasn't helped sales activity. Closed sales were down 7 percent year-over-year in the DFW area. Sales were 9 percent lower across Denton County, while pending sales contracts slid 11 percent. It might have something to do with the prices. Average home prices in Denton County were up 5.7 percent from a year ago, flirting with that spring 2022 bubble top again. Official stats show we still haven't taken out the May [...]

Denton County Home Prices Bounce, But Still Lower Than a Year Ago
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Denton County Home Prices Bounce, But Still Lower Than a Year Ago

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

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 [...]

North Texas Housing Market – Summer of Denial
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North Texas Housing Market – Summer of Denial

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, DFW Homes For Lease, DFW Homes For Sale, DFW New Homes, DFW Real Estate, DFW Relocation, Housing Market, Housing Policy, Monetary Policy, Mortgage Rates

North Texas Housing Market – Summer of Denial

The North Texas housing market continued correcting in July. Closed sales were 15 percent lower for the DFW compared to July of last year. Pending contracts also slid lower by a corresponding amount. The median price of a home in the Dallas-Fort Worth market slipped to $389,000, up 16.1 percent year-over-year. Average prices in DFW dropped even more, sliding over $25,000 from the high in June. That may be the high for North Texas home prices for a few years depending on how this cycle plays out. The housing market correction has definitely been noticeable [...]

By Aaron Layman|2022-08-10T21:38:28+00:00August 10th, 2022|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, DFW Homes For Lease, DFW Homes For Sale, DFW New Homes, DFW Real Estate, DFW Relocation, Housing Market, Housing Policy, Monetary Policy, Mortgage Rates|0 Comments

7 Tips for Denton County Home Buyers as the Housing Bubble Pops
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7 Tips for Denton County Home Buyers as the Housing Bubble Pops

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, DFW Home Prices, DFW Homes For Lease, DFW Homes For Sale, DFW New Homes, DFW Real Estate, DFW Relocation, Economy, Housing Market, Mortgage Rates

7 Tips for Denton County Home Buyers as the Housing Bubble Pops

Here are 7 tips for Denton County home buyers as the post-pandemic housing bubble pops. We've seen some epic moves in the bond markets the last few days. The yield on the 10-year treasury bond spiked to 3.5% on Tuesday, pushing mortgage rates to yearly highs. The rate on 30-year fixed-rate mortgage jumped to 6.28% according to Mortgage News Daily. Inflation is raging, and consumers are losing patience. If they aren’t already priced out of the market, many buyers are hitting the pause button. Home affordability has been absolutely crushed the last few months as the [...]

By Aaron Layman|2022-06-15T10:30:56+00:00June 15th, 2022|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, DFW Home Prices, DFW Homes For Lease, DFW Homes For Sale, DFW New Homes, DFW Real Estate, DFW Relocation, Economy, Housing Market, Mortgage Rates|0 Comments

Denton County Home Buyers Front-Run Rate Hikes Sending Prices Soaring
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Denton County Home Buyers Front-Run Rate Hikes Sending Prices Soaring

Denton County Home Prices, Denton County Homes For Rent, Denton County Homes For Sale, Denton County Real Estate, Denton County Relocation, Denton Tx Home Prices, Denton TX Homes For Sale, Denton TX Real Estate, DFW Home Prices, DFW Homes For Lease, DFW Homes For Sale, DFW Real Estate, DFW Relocation, Housing Market, Housing Policy, Monetary Policy, Mortgage Rates

Denton County Home Buyers Front-Run Rate Hikes Sending Prices Soaring

Fear of missing out (FOMO) was the theme last month in Denton County Texas as home buyers behaved like irrational humans often do. Buyers jumped into the local housing market front-running the coming Federal Reserve rate hikes. Home prices shattered records as a result. The median price of home rose 25.3% year-over-year to a record $464,000. Average prices rose 23.6% to a record high $554,098. Closed sales were roughly flat compared to last year. That's a testament to how frenzied the activity was given the current backdrop of spiraling interest rates. Pending sales (contracts) fell 10 [...]

North Texas Real Estate Shatters Records, Before The Fed Pulls the Rug
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North Texas Real Estate Shatters Records, Before The Fed Pulls the Rug

Denton County Home Prices, Denton County Homes For Rent, Denton County Homes For Sale, Denton County New Homes, Denton County Real Estate, Denton Tx Home Prices, Denton TX Homes For Sale, Denton TX Real Estate, DFW Home Prices, DFW Homes For Lease, DFW Homes For Sale, DFW New Homes, DFW Real Estate, DFW Relocation, Economy, Housing Market, Monetary Policy, Mortgage Rates

North Texas Real Estate Shatters Records, Before The Fed Pulls the Rug

North Texas real estate shattered a number of records as we closed out the year. December saw record home prices in December as the Federal Reserve continued to pump asset prices. Available home inventory in the Dallas-Fort Worth area dipped to new record lows. Investors, speculators and other home buyers were busy fighting over the dwindling pool of properties available for for sale. The number of homes for sale in North Texas slipped to roughly 11,400 in December. There would be about 30,000 homes for sale in the DFW area under normal conditions. At the [...]

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"Could not have been more pleased with the entire process of selling my Katy house. Aaron was very professional and went out of his way to help kennel my dog before showings while I was at work. He had an outstanding knowledge of the entire real estate transaction process and was always very responsive to my questions. Would definitely recommend Mr. Layman to anyone I know!!"

Matt B., Home Seller

"Aaron helped us narrow down our choices and navigate the market. He is very knowledgeable about making a wise decision. He will help you find a house that you love and is a good financial decision."

Kristina R., Home Buyer

"Aaron was our realtor when we bought our house 13 years ago and he was our realtor when we sold our house in 2014. He is honest about the market and very helpful with all aspects of buying/selling a home. We would recommend him to anyone in need of realty services."

Paula O., Home Buyer & Seller

"We had several agents to choose from as we'd been in the area for several years. Aaron was an easy choice as he's knowledgeable and wasn't afraid to go after what's best for us, his clients! He kept us well informed throughout the process and was always prompt in answering questions from start to finish. We definitely recommend Aaron!"

Shanna K., Home Buyer

"Working with Aaron was the best decision we made when looking for a new home and selling our previous home. He is one of the most knowledgeable realtors in the area. He knows the numbers, the trends, and always has data to back up his recommendations and decisions. Likewise, he made the process simple and understandable at the same time. Aaron was always in our corner and always did his best to get the best outcome for us. I have recommended Aaron to many friends and family and would recommend him to anyone looking to buy or sell their home."

Angelo G., Home Buyer & Seller

Denton County Realtor Aaron Layman

940-209-2100