Home Ownership

Mortgage Interest Deduction In Play, 2018 Housing Market Still Cloudy

The controversial mortgage interest deduction is still in play if you follow the back and forth in DC, and the picture for housing is still rather cloudy. There is a lot which could change depending on what Congress tries to ram through reconciliation in terms of the House and Senate tax sausage. Regardless of what Congress and the GOP approve, you can rest assured it won't stimulate job growth and it won't contribute to long-term economic growth. What we are seeing play out in the halls of DC and Wall Street right now is a [...]

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 [...]

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