Price Per Square Foot

DFW New Home Buyers Getting Squeezed By Fed Asset Inflation

New home buyers in the DFW housing market are getting squeezed. Despite the continued trend of lower overall new home prices, the price buyers are paying on a square foot basis continues to shoot higher. This is particularly the case if you look at the median new home buyer in the Dallas-Fort Worth market. The median price of a new home in the DFW area fell by 3.2 percent in April while the average price of a new home was 4.4 percent lower compared to April 2019. Even with record low mortgage interest rates, Dallas-Fort [...]

By |2020-05-28T10:33:55+00:00May 26th, 2020|Texas Real Estate|0 Comments

Denton County TX New Home Sales Rebound With Lower Rates

New home sales in Denton County rebounded in February as lower rates helped to push some prospective buyers off the fence. New home prices in the Denton area are still a bit sluggish as the shift toward more affordable new home inventory continues so far in 2019. This can be seen in the lower average new home prices and stagnant price per square foot.  So far at least, new home buyers in the Denton area are willing to sacrifice some space in order to keep overall prices down. New home builders are trying to match [...]

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