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DFW Homes For Sale

DFW Homes For Sale

New Home Sales Miss Expectations In June Despite Lower Prices

The Census Bureau reported new home sales for June at a seasonally adjusted annual rate of 631,000. This was below expectations, and a 5.3 percent decline from May. The previous three months were also revised lower. Compared to last June, new home sales were up a modest 2.4%. Surprisingly, the decline in new construction sales came despite lower median and average prices for new homes in June. The median price of $302,100 was $13,100 less than last year. The average price of $363,300 was $7300 lower. It would appear that new home buyers are suffering [...]

By |2018-07-25T21:17:19+00:00July 25th, 2018|Denton County Home Prices, Denton County New Homes, Denton Tx New Homes, DFW Home Prices, DFW Homes For Sale, DFW Real Estate, Existing Home Sales, Housing Market, Mortgage Rates, New Home Sales, Texas Real Estate|0 Comments
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Dallas Morning News Real Estate Desk Still Missing The Boat

Dallas Morning News' real estate editor, Steve Brown, seems to be waking up to the fact that the DFW real estate market is cooling. He's still off the mark when it comes to the recent peak in DFW home sales, but at least he acknowledged the sales decline last month.  DFW home sales fell for the month of June. See, that wasn't so hard. After successive years of abnormal price growth, the DFW area saw a reported 3 percent decline in home sales in June. I say "reported", because as I detailed in a previous [...]

By |2021-07-05T13:41:40+00:00July 14th, 2018|Dallas Tx Home Prices, DFW Home Prices, DFW Homes For Sale, DFW Real Estate, Economy, In the Press, Mortgage Rates, Spin Cycle, Texas Real Estate|0 Comments
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Denton Home Sales Soar In June As DFW Sales Swoon

DFW home sales fell in June with the diminishing supply of affordable homes. Home prices are still rising in many DFW submarkets, but sales are cooling in the more expensive submarkets. NTREIS stats reflect a sales decline of roughly 3-4 percent in June in the Dallas-Fort Worth area compared to the same month last year. The same held true in Denton County where sales also fell 3-4% compared to last year. The city of Denton bucked the trend in June with a 30 percent sales gain in June. How? In a word, it was all [...]

By |2018-09-21T09:30:23+00:00July 13th, 2018|Denton County Home Prices, 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 Sale, DFW New Homes, DFW Real Estate, Economy, Housing Market, Mortgage Rates|0 Comments
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All Roads Still Point Toward Yield Curve Inversion

With the Federal Reserve's balance sheet normalization process set to kick into a higher gear next month, all roads still point toward a yield curve inversion. While govt officials and the Fed's pie-in-the-sky economists continue to was about a robust economy with unemployment levels hovering near cycle lows, there are some widening cracks appearing in the global QE Ponzi scheme. Yesterday the Fed found some "widespread and critical deficiencies" in Deutsche Bank's capital planning controls. You don't say! The stock of Germany's largest bank, a toxic time bomb of opaque derivatives, continues to plumb news [...]

By |2022-01-05T03:38:38+00:00June 29th, 2018|Denton County Real Estate, DFW Homes For Sale, DFW Real Estate, Economy, Housing Market, In the Press, Markets, Mortgage Rates, Politics, Spin Cycle|0 Comments
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Existing Home Sales Slide For 3rd Consecutive Month

The National Association of Realtors (NAR) says existing home sales in the U.S. decreased in May to a seasonally adjusted annual rate of 5.43 million. This is down from a downwardly revised April figure, and the third consecutive month of declining year-over-year sales. NAR chief economist, Lawrence Yun, seems to be puzzled by the stagnation of sales citing a solid economy and job market: Lawrence Yun, NAR chief economist, says a solid economy and job market should be generating a much stronger sales pace than what has been seen so far this year. “Closings were [...]

By |2019-02-06T01:39:32+00:00June 20th, 2018|Denton County Home Prices, Denton County Homes For Sale, Denton Tx Home Prices, Denton TX Homes For Sale, DFW Home Prices, DFW Homes For Sale, DFW Real Estate, Existing Home Sales, Housing Market, Texas Real Estate|0 Comments
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Denton County Home Sales Edge Higher In May

Denton County home sales edged up slightly during May with closed sales rising roughly 3 percent compared to a year ago. Sales of new construction were a bit softer than resales during May due to inventory mixes. The city of Denton saw home sales rise by almost 11 percent in May as lower average price points continued to boost activity. With the Federal Reserve poised to hike rates again this week, it's all about interest rates and affordability. The greater DFW area saw relatively flat home sales volume in May. Although new home builders were [...]

By |2018-09-21T09:33:36+00:00June 11th, 2018|Dallas Tx Home Prices, Denton County Home Prices, Denton County Homes For Sale, Denton County Real Estate, Denton TX Homes For Sale, Denton TX Real Estate, DFW Home Prices, DFW Homes For Sale, DFW Real Estate, Housing Market, Mortgage Rates|0 Comments
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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
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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
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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
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Denton County TX Home Sales Flat In February As Prices Rise

Denton County home sales followed the trend in the DFW area during February, roughly unchanged from the same sales volume a year ago. The average price of a Denton  County home rose almost 5 percent year-over-year to just over $341,000. The median price of a Denton County home rose 7.5% to $304,990. The average price of a new Denton County home rose 9.6 % in February to $432,625. Resale price gains were more muted in February, rising only 4.0 percent compared to last year. Pending home sales in both Denton County and the greater DFW [...]

By |2022-08-06T13:24:50+00:00March 12th, 2018|Collin County Home Prices, Dallas Tx Home Prices, Denton County Home Prices, Denton County New Homes, Denton County Real Estate, Denton Tx Home Prices, Denton TX Homes For Sale, DFW Home Prices, DFW Homes For Sale, DFW New Homes, DFW Real Estate, Economy, Housing Market, Mortgage Rates|0 Comments
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