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September 2017

New Home Sales Get Hurricane Boost

New home sales rose 17 percent in September compared to the same month last year. Census estimated new home sales for September at a seasonally adjusted annual rate (SAAR) of 667,000 in September. The median price of a new home contracted in September was $319,700 while the average price of a new home contracted in September stood at $385,200. Both figures represent increases from last year's prices. The supply of new homes decreased to 5 months in September, a slight decrease from the 5.1 month supply level at this time last year. The rise in [...]

By |2017-10-28T12:15:01+00:00October 25th, 2017|Collin County Home Prices, Denton County Home Prices, Denton Tx Home Prices, Denton Tx New Homes, Development, Housing Market, Mortgage Rates, New Home Sales, Real Estate, Texas Home Prices|0 Comments
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Dallas TX Employment Grows In September

Dallas TX employment continues to march higher. September brought an increase of 15,600 jobs compared to revised August figures. The Dallas-Fort Worth-Arlington MSA region added 93,600 jobs during the past year according to numbers from the Texas Workforce Commission. The official (goal-seeked) unemployment rate for the Dallas area stood at 3.4 percent in September, below the state average of 4 percent. The Dallas employment sector continues to be tight according to many local economists. Pia Orrenius, a senior economist with the Dallas Fed was "encouraged by the data". Even though Hurricane Harvey caused a drop [...]

By |2022-01-05T03:41:41+00:00October 21st, 2017|Dallas Tx Employment, Economy, Education, Real Estate, Spin Cycle, Texas Employment, Texas Real Estate|0 Comments
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Aaron Layman Realtor Denton County Texas Questions? Call me now at
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