DFW Homes For Lease

DFW Homes For Lease

Denton TX Residential Lease Market Squeezing Renters

Single-family rents in Denton Texas continue squeeze local renters, and it comes at a time when average home prices are near record highs. For those looking to lease a home this past summer, the available rental options were more expensive than ever. As Denton TX home prices were shooting to record highs this year, the summer demand for single-family lease homes rose like the North Texas triple degree temperatures. During the month of August lease activity in Denton rose 65% year-over-year with the average price of a Denton rental hitting $1599 per month in the [...]

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 [...]

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 [...]

Denton County Home Rental Prices Stagnate

Single-family rental prices in Denton County were basically flat during December. As home prices have continued to creep higher in the area, average rents for single-family homes in Denton County are not as strong. Prospective renters are likely getting stretched with home price inflation exceeding average wage growth. This would help to explain why the average price of home rented in Denton County in December 2017 dropped about 2 percent compared to December 2016. The average price per square foot for a rental in Denton County did rise slightly, but the average size of homes [...]

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