Denton County moves toward balanced housing market amid sales slowdown

Housing affordability in North Texas remains challenging as typical mortgage payments require incomes around $86,208, while median individual incomes range from $50,000 to $66,000. Homeownership rates vary by race, with white households at 67.5% and black households at 38.7%. Denton County shows a shifting market with increased listings, declining sales, and falling prices, signaling a more balanced market. Other areas show mixed price changes and inventory levels amid affordability concerns.

Continue to full article