Is Texas real estate slowing down?

[Ruffdaddy]

Like the title...has anyone noticed a slow down in texas real estate lately? Maybe prices have just caught up to demand so the frenzy has fallen off? I ask for a few reasons:

-Interest rates are still very low despite projections that they would go up early to mid 2015

- i have some friends that have had their offers accepted even though they offered asking on a few occasions

- i also have some friends selling a house in the same area that we sold in october of last year and they still havent gotten an offer despite us gettin several the first day. Actually they havent even had that many showings.

- many of the houses in my new neighborhood havent sold in a few months, and it was selling very rapidly last year around this time.

[kingjason]

Depends on the area. I could probably sell my house in a day. The houses down here are selling like hotcakes and for a good price. Waxahachie is growing like crazy.

[lincolnboy]

Have you not seen the million of new houses being built?

[War Machine]

http://www.dallasnews.com/business/residential-real-estate/20150929-north-texas-housing-market-is-hot-but-analysts-say-its-no-bubble.ece

[kpc01]

It always drops some after school starts but it seems like its dropped even more lately. have a house listed right now in Krum(not a huge market) but looked up the showings the other day and the whole city(zip) has only had 5-10 showings a week lately. I think houses have to be priced just right right now. I mainly work Denton county but seems like similar thing all around the metroplex. Supply is still low but demand has dropped off a pretty good bit...

[kenny c]

I sell products to home builders and Houston is flat YOY, Dallas and Austin up 10% or more YOY

[slow99]

Certainly not slowing down in my neck of the woods.

[Ruffdaddy]

I sell products to home builders and Houston is flat YOY, Dallas and Austin up 10% or more YOY

I would expect that to lag almost ask much as oil prices and declining rig rates.

How has the trend over the past 3 months compared to the first 6 months of this year?

Maybe new home inventory is finally catching up?

[Broncojohnny]

Shit is sitting on the market forever up here in Plano.

[BradM]

Many selling the same day of listing in Grayson County. A lot with offers above asking price still.

[Chas_svo]

Not slow or slowing here.

[Tremor14]

State Farm, Toyota, Liberty Mutual, Fed Ex, among others all moving to Frisco/Plano. North Dallas may be slow for the next 12 to 18 months, then it will boom.

In fact a realtor friend of mine told me of a Toyota Exec, who came to her development in Frisco, looking to lease 8-12 homes for corporate housing to the tune of $5k-$7k, per month. I'd say if you are looking to sell, wait a few years and double the earnings.

[Tremor14]

but i'll wait for BJ (alan) to tell me i dont know shit, and to make sure to be a sweetie and wipe the seatie, if i sprinkle when i tinkle.

[Broncojohnny]

but i'll wait for BJ (alan) to tell me i dont know shit, and to make sure to be a sweetie and wipe the seatie, if i sprinkle when i tinkle.

Well, you are a real estate expert who has made a million dollars in the business. oh no, wait, you install urinals for a living. My bad.

[Tremor14]

Well, you are a real estate expert who has made a million dollars in the business. oh no, wait, you install urinals for a living. My bad.

quoted.

this motherfuckers a millionaire ya'll.

SVO855, whatchu got for me dog?