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Denton Texas Home Prices Jump To Record Highs With Fed Liquidity

Denton Texas home prices jumped to record highs in January, defying typical seasonal weakness that would accompany a normal real estate market. Today's real estate markets are anything but normal, but we'll get to that in a moment. The median price of a Denton TX home rose 4.7 percent to a record $273,706 in January while the average price jumped 5.5 percent to $288,441. The average price per square foot of a Denton home spiked 9.4 percent to a record $140 per square foot...in January! While the local real estate industry is celebrating these numbers [...]

By |2020-02-13T15:24:23+00:00February 11th, 2020|Denton County Home Prices, Denton County Homes For Sale, 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 Real Estate, Mortgage Rates, Real Estate, Relocation, Texas Real Estate|0 Comments
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Low Rates Keep North Texas Home Sales Alive In September

North Texas home sales improved by roughly 7 percent in September, boosted by an extremely favorable year-over-year mortgage rate comparison which kept affordability levels manageable for area home shoppers. Denton County saw a 7 percent improvement in September home closings, while the City of Denton saw home sales fall slightly compared to the same month in 2018. Pending home sales in the Dallas-Fort Worth area improved by 9 percent in September, but not by the magical 12 percent as reported in the area's largest paper. Pending sales activity in Denton County was up double digits, [...]

By |2019-10-23T12:27:29+00:00October 10th, 2019|Dallas Tx Home Prices, Dallas TX Homes For Sale, Dallas TX Real Estate, Denton County Home Prices, Denton County Homes For Sale, 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 Real Estate, Economy, Housing Market, Markets, Mortgage Rates, Pending Home Sales, Relocation, Texas Real Estate|0 Comments
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New Home Sales Soar In August, DFW Included

The Census Bureau reported new home sales for August at a seasonally adjusted annual rate (SAAR) of 713,000 for August, This was above expectations and sales for July were revised upward as well. The median price of a new home contracted in August was $328,400, while the average price of a new home shot up to $404,200. Lower rates obviously spurred more borrowers to open up their checkbooks in August. Months of supply for new homes stood at 5.5 in August, down almost 13 percent from the 6.3 months of supply seen last year. As [...]

By |2019-09-25T23:11:56+00:00September 25th, 2019|Denton County New Homes, Denton County Real Estate, Denton Tx New Homes, Denton TX Real Estate, DFW New Homes, DFW Real Estate, New Home Sales, Real Estate, Relocation, Texas Real Estate|0 Comments
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Denton TX Home Prices Hit New Record, DFW Real Estate Closes Out Strong Summer

Denton Texas hit a new record in August, with average home prices pushing above $284,000 for the month. The average price of a single-family home in Denton TX pushed above $290,000 for the month, eclipsing the previous record set in June. The plunge in mortgage interest rates back to near record lows kept the summer sales momentum going for the local real estate market. Denton County saw home sales rise about 10 percent compared to August of last year, while pending sales look to post a slight gain as well. Flat pricing in Denton County [...]

By |2020-03-28T21:31:40+00:00September 10th, 2019|Denton County Home Prices, Denton County Homes For Sale, Denton County Real Estate, Denton County Relocation, Denton Tx Home Prices, Denton TX Homes For Sale, Denton TX Property Taxes, Denton TX Real Estate, DFW Home Prices, DFW Homes For Sale, DFW Real Estate, DFW Relocation, Economy, Housing Market, Mortgage Rates, New Home Sales, Relocation, Texas Real Estate|0 Comments
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Plunging Mortgage Rates Lift Denton County Home Sales In July

Plunging mortgage interest rates lifted Denton County home sales to a near record month in July. Home sales in Denton County posted a 14 percent year-over-year jump on record high average prices. The average price of a home sold in Denton County last month was a record $374,130. The surge in sales during July helped to offset the sales decline in June, and year-to-date sales are now slightly in positive territory. If you read Dallas' largest newspaper, the July rebound in the housing market was all about the strong economy and fabulous jobs market. In [...]

By |2019-08-19T02:35:46+00:00August 10th, 2019|Denton County Home Prices, Denton County Homes For Sale, Denton County New Homes, Denton County Real Estate, Denton County Relocation, Denton Tx Home Prices, Denton TX Homes For Sale, Denton Tx New Homes, Denton TX Real Estate, DFW Home Prices, DFW Homes For Sale, DFW New Homes, DFW Real Estate, Housing Market, In the Press, Mortgage Rates, Relocation, Texas Real Estate|0 Comments
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Denton County Home Sales Resume Slide In June Amid Affordability Crunch

Denton County home sales resumed their slide in June amid the continuing affordability crunch. Despite the large drop in mortgage interest rates experienced this year, home sales in Denton County dropped 6 percent compared to the same time last year. This was in line with the 6 percent slide seen throughout the DFW area. The average price of a home in Denton County in June posted at $364,887, a decline of 1 percent from June of 2018. Median home prices in Denton County were unchanged from June of last year, posting at $325,000. The bump [...]

By |2019-07-16T15:14:49+00:00July 10th, 2019|Denton County Home Prices, Denton County Homes For Sale, 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 Real Estate, Housing Market, Mortgage Rates, Relocation, Texas Real Estate|0 Comments
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Things Get Ugly For Denton-Based Sally Beauty

Things just got ugly for Denton-based Sally Beauty supply. The international retailer and distributor of professional beauty supplies saw its stock plummet after Amazon announced its own professional beauty store. This is not exactly great news for one of Denton's largest businesses. Amazon is a virtually unregulated monopoly on multiple fronts with huge tax advantages to many of its competitors. Amazon Beauty customers will still need a license to purchase professional use products, but Amazon is playing by a different set of rules as regulators continue to turn a blind eye to Amazon's monopolistic business [...]

By |2019-06-25T12:56:09+00:00June 25th, 2019|Denton TX Real Estate, Economy, In the Press, Real Estate, Regulation, Relocation, Texas Real Estate|0 Comments
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Denton County Home Sales Climb In May, City of Denton Sees All-Time High For Prices

Denton County home sales rose 3 percent compared to the same month last year, driven by a the precipitous drop in mortgage rates which are now back below a 4-handle. The increase in home sales this spring has offset the weak start to the year during the first quarter. The average price of a Denton County home was roughly $368,525 in May, up 4 percent from prices last year. The inventory of homes for sale in Denton County rose 25 percent, hitting 3.4 months of supply. New home sales continued to fare better than the [...]

By |2019-06-17T12:33:48+00:00June 11th, 2019|Denton County Home Prices, Denton County Homes For Sale, 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 Real Estate, DFW Relocation, Mortgage Rates, Relocation, Texas Real Estate|0 Comments
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Denton County Employment Growth Still Solid, Why Are Home Sales Stagnating?

Denton County employment growth is still humming along. The Dallas-Fort Worth area continues to add jobs. Even with the job growth, home price gains in the DFW area continue to slow. This is confirmed in the recent numbers from Case-Shiller. Along with many professional PhD economists, the Case-Shiller committee seems to be puzzled that the housing market isn't firing on all cylinders given the recent plunge in mortgage interest rates. "Given the broader economic picture, housing should be doing better." Even Freddie Mac's deputy chief economist seems to be perplexed that the housing market isn't [...]

By |2020-03-28T14:39:06+00:00May 31st, 2019|Dallas Tx Employment, Denton County Employment, Denton County Relocation, DFW Employment, DFW Real Estate, DFW Relocation, Economy, Education, Housing Market, In the Press, Mortgage Rates, Pending Home Sales, Politics, Relocation, Texas Real Estate|0 Comments
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Denton County Home Sales Continue Spring Rebound In April

Denton County home sales enjoyed a continued spring rebound in April as low mortgage rates fueled strong demand for new homes and improved affordability for prospective buyers. Home sales in Denton County jumped 7 percent from the same time last year, better than the 3 percent gain seen in the DFW area during April. The average price of a Denton County home declined just slightly in April to roughly $358,000. Closings of new construction rose 13 percent while sales of used homes improved 6 percent. Home sales in the City of Denton rose about 2 [...]

By |2019-05-31T12:13:13+00:00May 9th, 2019|Denton County Homes For Sale, Denton County New Homes, Denton County Real Estate, Denton County Relocation, 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, Mortgage Rates, Relocation|0 Comments
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Aaron Layman Realtor Denton County Texas Questions? Call me now at
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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.

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