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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 [...]

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 [...]

Sharp Rebound in North Texas Home Inventory
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Sharp Rebound in North Texas Home Inventory

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

Sharp Rebound in North Texas Home Inventory

North Texas home inventory has experienced a sharp rebound in 2024. The savagely unhealthy housing market and a buyers' strike have helped to replenish available housing stock this year. The key has been a dramatic turnaround in existing home inventory. Across the DFW area, existing home supply has rebounded sharply this year. Here's a county-level summary of the resale inventory increases in the Dallas-Fort Worth area through July 2024: Dallas County - Up 63.6% Year-over-Year (3.6 months of supply) Tarrant County - Up 59.1% (3.5 months of supply) Collin County - Up 69.6% (3.9 months [...]

Dallas TX Luxury Home Sales Go Parabolic
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Dallas TX Luxury Home Sales Go Parabolic

Dallas Tx Home Prices, Dallas TX Homes For Sale, Dallas TX Real Estate, 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 Property Taxes, DFW Home Prices, DFW Homes For Sale, DFW Real Estate, DFW Relocation, Economy, Employment, Housing Policy, In the Press, Monetary Policy, Mortgage Rates

Dallas TX Luxury Home Sales Go Parabolic

Luxury home sales were on rocket fuel last month in Dallas Texas. Sales of luxury homes price at a $1 million or more spiked 44 percent from May of last year. The average price of a Dallas home skyrocketed 21 percent year-over-year setting a new record high of $716,131. That's $124,000 higher than May of last year and $63,000 higher than the previous bubble peak of June 2022. While the Federal Reserve is still trying to shrink that bloated balances sheet, The U.S. Treasury department is still pumping out a lot of new debt issuance [...]

Rise In Inventory Boosts Home Sales
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Rise In Inventory Boosts Home Sales

Denton County Home Prices, Denton County Homes For Sale, 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, Economy, Housing Market, Housing Policy, Monetary Policy, Mortgage Rates

Rise In Inventory Boosts Home Sales

More home inventory helped push North Texas home sales into positive territory in April. North Texas saw a 5.5 percent increase in home sales compared to last year while Denton County experienced a 7.3 percent bump in closed transactions. The additional transaction activity was fueled by a 37 percent rise in available home inventory compared to last year. Inventory has been growing steadily for most of the year as 7 percent interest rates and a slowing economy worked to curtail demand in the housing market. Denton County now has 2.7 months of available home inventory. [...]

Luxury Homes & Land See Strong Demand
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Luxury Homes & Land See Strong Demand

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 Property Taxes, Denton TX Real Estate, DFW Home Prices, DFW Homes For Sale, DFW New Homes, DFW Real Estate, DFW Relocation, Housing Market, Housing Policy, In the Press, Monetary Policy, Mortgage Rates

Luxury Homes & Land See Strong Demand

Luxury homes and land continue to see strong demand in North Texas. Expensive properties have been driving up nominal prices in North Texas for several months. March 2024 sales data shows average home prices in Denton County up 7.4 percent from last year. Before you get excited, most of the price appreciation over the last few months has been centered in the luxury home market and inflated land values. Zooming in to normal single-family homes between 1500-3500 square feet, average prices increased by 4.1 percent over the past year. In fact, the average price for [...]

Home Sellers Can Say Goodbye to Six Percent Commissions
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Home Sellers Can Say Goodbye to Six Percent Commissions

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

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 Aaron Layman|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

Inventory & Affordability Issues Affecting Real Estate Market
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Inventory & Affordability Issues Affecting Real Estate Market

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

Inventory & Affordability Issues Affecting Real Estate Market

Denton County's real estate market continues to struggle with inventory & affordability issues. While higher than last year, closed sales in North Texas were still hovering near a decade-low in January. Pending home sales in North Texas moved higher for the month, but pending sales contracts were still 10 percent lower-year over year in January. The temporary relief in mortgage rates during the last few months of 2023 translated into additional activity for the housing market. So far in 2024 housing activity remains sluggish. Mortgage rates are bouncing around between 6.5 and 7 percent. Inflation [...]

Denton County Housing Market Searching For a Soft Landing
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Denton County Housing Market Searching For a Soft Landing

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

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 [...]

12 Next

"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