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Denton’s housing market lately: Property tax loopholes and a sharp drop-off in h
Kera News writes:
“First some stats. The real estate industry remains in recession mode when it comes to activity and sales volume. While prices remain near all-time highs, mortgage and real estate companies continue to cut staff as they adjust to diminished sales activity.
The city of Denton saw home sales activity fall 10% year-over-year in December. Pending contract activity plummeted 38.6%! What happened? Simple. The more affluent property owners and buyers who had been keeping the averages propped up for most of 2024 took an early vacation.”
Read more in the original article below:
keranews.org
Denton’s housing market lately: Property tax loopholes and a sharp drop-off in home sales
The city of Denton saw home sales activity fall 10% year-over-year in December. Pending contract activity plummeted 38.6%! What happened? Simple. The more affluent property owners and buyers who had been keeping the averages propped up for most of 2024 … Continue reading
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