Check out this quick video about what's happening right now in the Denton County real estate market:
Here's the highlights:
- We've gone from 100 mph to about 70 mph (the market is slowing down a bit)
- Home sellers have more competition from builders
- We're seeing price reductions on homes that were priced high or not in tip-top shape
How the Real Estate Market Affects You
The Denton County real estate market is ever-changing. Sometimes quickly, and other times more slowly.
That's why we're constantly keeping our hand on the 'pulse' of the local and national real estate markets.
If you're thinking of selling your home, understanding what's going on in the market will better help you to know how to price your home and how long it should take to sell.
If you're thinking of buying a home, understanding the market will help you know how quickly or slowly it's moving - which will affect the terms of your offer.
Even if you have no plans of moving, what's currently happening in the real estate market could affect your home value (in effect, your property taxes) and if you should refinance for a better monthly payment.
We're always here to help. Contact us with any of your real estate questions.