Denton County's housing market saw a 9% drop in median home prices to $420,000 and a 21.4% rise in active listings, increasing inventory to four months. Closed sales fell 10.1%, indicating a more balanced market. Local areas like Flower Mound, Highland Village, and Lewisville showed similar trends with price declines and longer market times. Buyers may gain leverage in 2026 as sellers adjust to...
inventory increase
A 1% drop in mortgage rates could add 5.5 million buyers to the market; rates have already fallen 0.75%. Current rates near 6.25% suggest only a 0.25% further drop is needed to unlock this demand. Experts predict rates around 6.2% in 2026, supporting modest affordability improvements and increased inventory. Median home prices have declined, easing monthly payments. The 2026 housing market may normalize...
Mortgage demand for new homes rose 3.1% year over year in November but fell 7% month over month. New single-family home sales were estimated at a seasonally adjusted annual rate of 755,000 units, down 2.1% from October. Average loan size decreased slightly. FHA loans accounted for 37.1% of applications, with 24% using adjustable-rate mortgages, reflecting buyers' efforts to improve affordability...