Call Today! 940-209-2100

sales@aaronlayman.com
YouTubeXFacebookLinkedIn

Existing Home Sales

Denton TX Home Prices Take A Breather

Denton TX home prices have leveled off during the last few months as the rampant home price inflation seen throughout the DFW area softened the last few months. Typical seasonal factors are at play as well as some general cooling of DFW's overheated housing market. The average price for a new Denton TX home stood at $295,533 in September, down from the peak of $340, 123 seen in January this year. Prices for resale homes in Denton TX peaked in June this year with the average price hitting $274, 070 before cooling to $240,607. The average [...]

By |2017-10-28T12:00:09+00:00October 14th, 2017|Denton County Home Prices, Denton Tx Home Prices, Denton TX Homes For Sale, Existing Home Sales, New Home Sales, Real Estate|0 Comments
Read More

New Home Sales Rebound In May

The Census Bureau reported a rebound for new home sales in May. New residential home sales posted at a seasonally adjusted annual rate of 610,000. This was 2.9 percent higher than the revised April numbers and 8.9 percent higher than a year ago. The median price of a new home contracted in May was $345,800 while the average new home price in May came in at $406,400. Just like we saw with existing home sales this week, median home prices hit a new all-time high. New home sales volume, while up from last month, is [...]

By |2022-08-06T13:29:09+00:00June 23rd, 2017|Economy, Existing Home Sales, Housing Policy, New Home Sales, Real Estate, Texas Home Prices, Texas Real Estate|0 Comments
Read More

Census: New Home Sales Rise With Decline In Median Price

The Census Bureau reported new home sales for February that were 12.8 percent higher than a year ago. New home sales posted at a seasonally adjusted annual rate of 592,000, with the bulk of the sales increase coming from the Midwest region.. The median price of a new home contracted in February was $296,200, down from $311,300 last year. The average price of a new home contracted in February posted a surprisingly large increase to $390,400. The big decline in median prices (down over $15,000) from last year likely helped to boost February sales. Mortgage [...]

By |2022-08-06T13:29:35+00:00March 23rd, 2017|Economy, Existing Home Sales, Housing Market, New Home Sales, Real Estate, Texas Home Prices|0 Comments
Read More

NAR: Existing Home Sales Cool In February

The National Association of Realtors reported that existing home sales cooled to a seasonally adjusted annual rate of 5.48 million in February. Sales of existing homes fell 3.7 from January levels but were 5.4 percent higher year-over-year. NAR continues to fret about an inventory shortage when the real culprit is elevated home prices in general. Existing home sales are still treading at levels well below the previous cycle peak. As I have said repeatedly, there is no shortage of homes for sale. There is a shortage of affordable homes for sale, homes that real working [...]

By |2017-12-22T01:45:05+00:00March 22nd, 2017|Economy, Existing Home Sales, Housing Policy, Mortgage Rates, Real Estate, Relocation|0 Comments
Read More

NAR: Existing Home Sales Fizzle In February As Affordability Evaporates

The National Association of Realtors reported that existing home sales fizzled in Februrary, falling to a seasonally adjusted annual rate of 5.08 million. This was a sharp decline from January numbers but 2 percent higher than a year ago. NAR's chief economist, Lawrence Yun, mentioned the stock market, poor weather on the East coast, as well as supply and affordability issues. At least he got one of the four correct! The real problem surrounding the U.S. real estate market is a lack of affordability. Home prices have been levitated back to the previous bubble levels [...]

By |2018-05-13T20:34:47+00:00March 21st, 2016|Existing Home Sales, Housing Policy, Mortgage Rates, Texas Home Prices, Texas Real Estate|2 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