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Texas Real Estate

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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North Texas Finishes Year With Strong December Home Sales

North Texas finished the year with strong December home sales. NTREIS data indicate home sales jumped 13 percent compared to the same time last year. Median home prices rose 5.1 percent, and average home prices in the Dallas-Fort Worth area rose 5.5 percent in December. The supply of homes for sale dropped about 7 percent to 25, 503 in December. December provided another easy year-over-year comparison. At the end of 2018 the North Texas real estate market was experiencing a pronounced slump amid rising interest rates. There was also a big swan dive in the [...]

By |2020-01-10T16:48:44+00:00January 10th, 2020|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, Housing Market, Mortgage Rates, Real Estate, Texas Real Estate|0 Comments
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Census: New Home Sales Up 16.9% In November

The Census Bureau reported new home sales for November at a seasonally adjusted annual rate (SAAR) of 719,000 units. That was 1.3 percent better than the previous month, and a 16.9 percent rise from last year. The median price of a new home contracted in November was $330,800, while the average price stood at $388,200. Both figures represent a large increase from the prices seen last year. The supply of new homes stood at 5.4 months in November, down 17 percent from the 6.5 months of inventory we had last year. These figures from Census [...]

By |2019-12-23T18:23:50+00:00December 23rd, 2019|Denton County Home Prices, Denton County New Homes, Denton County Real Estate, Denton Tx New Homes, Denton TX Real Estate, DFW Home Prices, DFW New Homes, DFW Real Estate, Housing Market, Mortgage Rates, New Home Sales, Texas Real Estate|0 Comments
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Easy Comparisons Coming To An End For DFW Housing Market

The easy year-over-year comparisons are coming to an end for the DFW housing market. Dallas-Fort Worth home sales rose one percent in November compared to the same time a year ago, while pending home sales were about 5 percent higher. DFW is capping off 2019 with nice little rebound in real estate sector. Next year the easy comparisons for the housing market will be a thing of the past. That 117 basis point drop in mortgage rates we saw for November won't be there to stimulate sales. Area home prices which were inflated by the [...]

By |2019-12-13T13:05:59+00:00December 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 Real Estate, DFW Home Prices, DFW Homes For Sale, DFW Real Estate, DFW Relocation, Housing Market, In the Press, Mortgage Rates, Texas Real Estate|0 Comments
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DFW Housing Market Will Hit The Wall Again

The DFW housing market is reflating on borrowed time, and it will soon hit the wall again. North Texas home sales jumped roughly 8 percent in October, while Dallas-Fort Worth home prices experienced some of the best gains in 2 years.  Pending sales for October were also higher, indicating we'll likely be able to finish out the year on a positive note for the housing market. This may seem like great news for housing market aficionados and the area's largest paper, but things will soon get interesting as the parlor trick of plunging mortgage rates [...]

By |2019-11-12T15:47:52+00:00November 12th, 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 Real Estate, DFW Home Prices, DFW Real Estate, DFW Relocation, Housing Market, Mortgage Rates, Texas Real Estate|0 Comments
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NAR: Existing Home Sales Up 3.9% In September

The National Association of Realtors reported a 3.9% increase in existing home sales for the month of September. Home sales in the South region were reportedly up 6 percent according to NAR, and this is reflective of what we saw in the North Texas housing market last month. The big year-over-drop in rates pushed both home sales and prices higher last month. According to NAR the median price of an existing U.S. home increased 5.9% in September. The average price of a U.S. home at $308,500 was higher by 4.2%. Months of supply stood at [...]

By |2019-10-22T16:58:41+00:00October 22nd, 2019|Denton County Real Estate, Denton TX Real Estate, DFW Real Estate, Existing Home Sales, Housing Market, Housing Policy, Real Estate, 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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A&M RECenter Phoning It In On Denton County Home Sales Estimates

The Real Estate Center at Texas A&M is apparently still phoning it in when it comes to DFW area home sales estimates. I was hoping the A&M RECenter had fixed their algorithm for late closings to produce better monthly sales estimates for the local real estate boards. Unfortunately, there is still a lot of room for improvement. Dallas' largest paper reported a rise of 5 percent for single-family home sales in August. Updated NTREIS data show the actual sales increase was about 1 percent. The Pending sales increase also looks to be about 1 percent [...]

By |2019-09-18T17:19:58+00:00September 18th, 2019|Denton County Homes For Sale, Denton County Real Estate, Denton County Relocation, Denton TX Homes For Sale, Denton TX Real Estate, 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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