Real Estate Activity in North Texas is Near An All-Time High.

Home sales in Texas reached an all-time high of 309,000 in 2015, with prices rising about 5.5 percent across the state, according to a quarterly report from the Texas Association of Realtors.

The report found that single family home sales in the Sherman-Denison area increased 9.7 percent over fourth quarter 2014. With the increase in sales, the number of active listings decreased by 14.2 percent and the days on the market decreased by 21 days over that same span of time.

Looking at the latest statistics, there’s almost no sign that the Great Recession ever happened. You couldn’t say that five years ago when the market was coming out of the economic crash.

It has turned from a buyer’s market to a seller’s market in a very short amount of time.

What's pushing this HOT HOT Market? Some of the demand stems from job growth in areas north of Dallas. Workers from these employers are looking for quiet areas to settle down while still having access to the Dallas-Fort Worth Metroplex.

The proximity to health care and Lake Texoma has also contributed to the growth in housing demand in the Greater Texoma area of north TX.

Click Here For more info on sales in North Texas.

With a market this hot----the average market time from listing to contract is now between 30-60 days---you can save a ton of money with a flat fee broker. It's just not necessary for a broker to spend months advertising the average home before a sale. So its not so easy for an agent to justify a 5-7% real estate commission anymore. Check out flat fee brokers before you sign a long term listing agreement.