housing policy
Denton County Housing Market Continues to Normalize
Denton County's housing market continues to normalize. This healing process for the local market is challenging, but necessary. After massive distortions and market interventions, time is still the market's best friend. There are many industry participants who still want a quick fix, but it bears repeating. Artificially low rates and bailout stimulus helped create the savagely unaffordable U.S. housing market. Another quick "fix" is the last thing we need. Normal market interest rates have helped to bring more inventory back to the market. We've seen record amounts of inventory across many North Texas submarkets this [...]