The housing market in Denton County is booming as builders work to keep up with demand and single-family homes sell quickly. The inventory of available homes is at an historic low and prices are still high in the Denton County real estate market, making it the optimal time to sell a house, local real estate agents said. According to data for the county from the Real Estate Center at Texas A&M University, the number of months of inventory for November was down to 1.9 — a record low for the statistic, which estimates how long it would take to sell all available properties. Since the center began tracking Denton County data in 1998, the figure has never fallen below 2. “There is an all-time low of homes on the market, so this is what they call a serious seller’s market right now. It is all about the sellers,”
from Juli Bledsoe Real Estate http://ift.tt/21Lt4d8
via IFTTT
No comments:
Post a Comment