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January 2019

Denton County Employment Growth Continues In 2019

The BLS February employment report was a big disappointment in terms of the number of jobs added, but Denton County continues to see solid employment growth. So far in 2019 the trend of more jobs in the area is still intact. The Dallas-Fort Worth area is still churning out jobs, and that is certainly welcome news considering the larger macroeconomic backdrop. For the time being, Denton and the DFW area are still churning out decent job numbers. The Texas economy added 15,400 seasonally adjusted nonfarm positions in January 2019, and Texas employers added 292,000 jobs [...]

By |2019-03-10T16:06:28+00:00March 10th, 2019|Denton County Employment, Denton County Real Estate, Denton County Relocation, DFW Employment, DFW Real Estate, DFW Relocation, Economy, Relocation|0 Comments
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NAR: Existing Home Sales At 3-Year Low In January

The National Association of Realtors reported that existing home sales for January posted at a seasonally adjusted annual rate (SAAR) of 4.94 million. This was 1.2 percent lower than the December reading, and 8.5 percent lower than the same time a year ago. The median price of a resale home sold in January was $247,500 while the average price of a U.S. resale property sold in January was $286,800. With the modest rise in prices, January saw the 83rd consecutive month of year-over-year price gains. The inventory of existing homes in the U.S. rose 4.6 [...]

By |2019-02-21T19:23:37+00:00February 21st, 2019|Denton County Homes For Sale, Denton County Real Estate, Denton TX Homes For Sale, Denton TX Real Estate, DFW Homes For Sale, DFW Real Estate, Economy, Existing Home Sales, Housing Market, In the Press, Mortgage Rates, Real Estate|0 Comments
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Denton County Home Sales Fall Out Of The Gate In 2019

Denton County home sales remained in their downward trend as we started 2019. NTREIS figures show that sales of Denton County homes fell 13 percent from the same time last year. Pending sales, a more forward looking indicator, did show a slight improvement, though not enough to pull the index into positive territory. Pending home sales in the Denton County area were down 6 percent compared to January 2018. The recent plunge in mortgage rates back to 1-year lows has helped to cushion the fall in an otherwise stagnating housing market. DFW home sales fell [...]

By |2019-02-18T20:21:10+00:00February 12th, 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, Economy, Housing Market, Mortgage Rates|1 Comment
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Denton TX Mortgage Rates Lowest In 9 Months

The benchmark 30-year mortgage interest rate dipped to 4.45 percent in the latest Freddie Mac weekly survey. That's the lowest level for mortgage interest rates that Denton Texas home buyers have seen in since last March. Not surprisingly, mortgage purchase applications have picked up slightly to start 2019. That's good news because purchase applications were trending lower for much of the fourth quarter of 2018 It remains to be seen whether the dip in interest rates will be enough to spark area home sales into the green. While mortgage rates are the lowest we've seen [...]

By |2019-01-11T22:39:05+00:00January 11th, 2019|Denton County Home Prices, Denton County Real Estate, Denton Tx Home Prices, Denton TX Real Estate, DFW Home Prices, DFW Real Estate, Mortgage Rates|0 Comments
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