North Texas Home Prices Hit New Highs In Fed-Fueled Market Frenzy
The Fed-fueled housing boom of 2020 is still gripping North Texas. Median and average prices in the DFW area were up 13.1 percent and 15.5 percent respectively in November. Everyone moderately attached to central bank liquidity has been busy buying up assets. Denton home prices defied normal seasonal trends last month. Median prices in the city of Denton were up 6.1% compared to last year, while average prices hit a new record high of $315,590. That translates to a 13.4% increase from November of last year. Denton County saw similar home price gains with median [...]