Market Statistics - March 2024

Most of the reported area remains in a Sellers’ Market except Van Alstyne, which hit a Buyers’ Market with six months of inventory. Van Alstyne also has the highest year-over-year inventory increase of 93.5%. Plano and Melissa have the least inventory at 1.7 months and more than a 50% year-over-year inventory drop in each city.

Frisco has the most Active homes at 405 while Gunter has the fewest at 33. There was only ONE sale in Gunter this month. At only 1.7 months of inventory, Melissa has the lowest YOY months of inventory percentage at -56.4%. Aubrey and Anna are flat at 0% YOY. All other cities and all counties showed positive growth. Dallas and Collin counties are still near 30 days on market while Denton County is at 37 days. Denton County is generally the most affordable this month at $203 per square foot (psf) while Collin County gets $214 psf. Dallas County has the most Active properties with 4,596. All three reported counties are close to getting a median 97% of the original listed price.

The Fed will end the bank term funding program (BTFP) on 11 March 2024. This emergency lending program was a response to customer withdrawal runs and the failures of Signature, Silvergate and Silicon Valley regional banks as well as Credit Suisse in Europe in March 2023. BTFP allowed banks to use bonds as collateral to borrow from the central bank.

New safety rails were installed to minimize liquidity problems that led to the downfall of Bitcoin-friendly banks in Silicon Valley. However, the end of BTFP could create higher lending rates and constrain credit availability. It could also possibly lead to higher mortgage rates and more strict credit rules while many folks were waiting for rates to drop.

Nonetheless, the Federal Deposit Insurance Corp. (FDIC) is still limited to $250,000 per customer per institution. If customers didn’t resolve this situation in the last year. It could be a problem for some when BTFP is removed.

Without getting too deep in the weeds, the Overnight Reverse Repurchase Agreement – a low-risk injection of liquidity into the system by banks and the Fed - is also expected to end this year. It could end as early as March but is most likely to end later in the year. In short, if you’re waiting for rates to drop, you may wait a long time. Get a house now.

I've Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Build certified
214-862-7212
DFWmark.com

#DFWmark #REALTOR #MarketWatch #ResidentialMarket #MarketStatistics #Stats #YOY #CollinCounty #DentonCounty #DallasCounty

Harry Potter Experience 2023

 

We visited “Harry Potter: A Forbidden Forest Experience” last week in Little Elm. It was about as we expected. The lighting is phenomenal. The statues are designed to withstand any weather. You should go in costume if you’re extremely into Harry Potter. This short video has the highlights. It will continue through January 2024.

I’ve Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Build certified
214-862-7212
DFWmark.com

#DFWmark #HarryPotter #ForbiddenForest #LittleElm #DentonCounty #colorful #lights #statues #forest

Fly-By New Construction in Aubrey

 

Ride along as we make a quick drone fly-by of my client’s new construction home in Aubrey on Thursday, 5 Oct. 2023.

I’ve Got Your Six!

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Build certified
214-862-7212
DFWmark.com

#DFWmark #drone #FlyBy #Aubrey #video #DentonCounty #NewConstruction #RealEstate #NewBuild #DentonISD

The Colony - New-Build Communities and Builders

Mark M. Hancock / DFWmark.com
A new home is move-in ready at
The Tribute in The Colony. 

Below is a list of known communities and active builders within The Colony, Texas. 

This post features a list of western Collin County and southeastern Denton County communities with construction. DFWmark has additional deep, proprietary information about these communities to save your time, money and frustration. My services are almost always at no cost to buyer and tenant Clients. Call or text me at 214-862-7212 or email me about additional information.

The Colony, Texas
Denton County

COMMUNITY                                         BUILDER

The Tribute - Westbury 50s                      American Legend Homes
The Tribute - Westbury 60s                      American Legend Homes
The Tribute Somerset 55s                        Patio Darling Homes
The Tribute: Westbury: 50ft. Lots             Highland Homes
The Tribute: Westbury: 60ft. Lots             Highland Homes
Tribute                                                      Grand Homes
Waterford Point at the Tribute                  Taylor Morrison

Please read Want To Buy A New-Built House? and New Build Home Basics to see if a new home is ideal for you.

If you’re ready to investigate a new-build purchase, it's vital that you DON'T REGISTER WITH THE BUILDER WITHOUT A REALTOR.

If you register without a REALTOR, you often waive your ability to have a no-cost, professional REALTOR on your side. You have accepted the builder's agent and will be treated like a customer. Instead, let the REALTOR register for you. This ensures you have an agent with you - at no cost to you - through the process. DON'T PAY FOR SERVICES THAT YOU DON'T GET!

I share comparative market analyses with my clients as well as information about builders, community amenities, school districts, homeowners' associations (HOA), utility districts (MUDs, SUDs, PIDs, etc.) and more. 

I can help you if you’re ready to move forward. I can contact the builders on your behalf, negotiate favorable deals and leverage our large brokerage to your advantage because I work for you. 

I’ve Got Your Six!

Mark M. Hancock
REALTOR, GRI, MRP, New Home certified
214-862-7212
DFWmark.com
markhancockrealty@gmail.com

Denton ISD Schools and Ratings

Updated 24 Jan 2023 from TEA

Denton ISD schools are listed alphabetically. Please verify the school feeder pattern by physical home location and school district boundaries. Ratings are from noted sources. District overall TEA rating is 86 of 100 or B.

Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Build certified
214-862-7212
DFWmark.com

Call, text or email DFWmark when you're ready to move. My real estate consulting services are provided at no cost to buyers and tenants. See Denton ISD photos by DFWmark.

A B C D E F G H I J K L M
N O P Q R S T U V W X Y Z

A Back to Top

Adkins Elementary School
1701 Monahan Drive, Lantana, TX 76226
940-369-1300
https://www.dentonisd.org/adkinses
Grades: Kindergarten - 5
Adkins > Harpool > Guyer

Alexander Elementary School
800 Mack Place, Denton, TX 76209
940-369-3500
https://www.dentonisd.org/alexanderes
Grades: Kindergarten - 5
Alexander > Strickland > Ryan OR
Alexander > Calhoun > Denton

B Back to Top

Bell Elementary School
601 Villa Paloma Blvd., Little Elm, TX 75068
972-347-7200
https://www.dentonisd.org/belles
Grades: Kindergarten - 5
Bell > Navo > Braswell OR
Bell > Rodriguez > Braswell

Blanton Elementary School
9501 Stacee Lane, Lantana, TX 76226
940-369-0700
https://www.dentonisd.org/blantones
Grades: Kindergarten - 5
Blanton > Harpool > Guyer

Borman Elementary School
1201 Parvin St., Denton, TX 76205
940-369-2500
https://www.dentonisd.org/bormanes
Grades: Kindergarten - 5
Borman > McMath > Denton OR
Borman > Calhoun > Denton

Braswell High School
26750 E. University, Aubrey, TX 76227
972-347-7700
https://www.dentonisd.org/braswellhs
Grades: 9 - 12
Division 2, Region 2, District 7-5A

C Back to Top

Calhoun Middle School
709 Congress St., Denton, TX 76201
940-369-2400
https://www.dentonisd.org/calhounms
Grades: 6 - 8
Calhoun > Denton

Cross Oaks Elementary School
600 Liberty Blvd., Crossroads, TX 76227
972-347-7100
https://www.dentonisd.org/crossoakses
Grades: Kindergarten - 5
Cross Oaks > Rodriguez > Braswell

Crownover Middle School
1901 Creekside Drive, Corinth, TX 76210
940-369-4700
https://www.dentonisd.org/crownoverms
Grades: 6 - 8
Crownover > Guyer

D Back to Top

Davis School DAEP
Alternative School
1125 Davis St., Denton, TX 76209
940-369-4050
https://www.dentonisd.org/lesterdavis
Grades: 6 - 12

Denton High School
1007 Fulton St., Denton, TX 76201
940-369-2000
https://www.dentonisd.org/dentonhs
Grades: 9 - 12
Division 1, Region 1, District 4-5A

E Back to Top

Evers Park Elementary School
3300 Evers Parkway, Denton, TX 76207
940-369-2600
https://www.dentonisd.org/eversparkes
Grades: Kindergarten - 5
Evers Park > Calhoun > Denton

F Back to Top

G Back to Top

Ginnings Elementary School
2525 Yellowstone Place, Denton, TX 76209
940-369-2700
https://www.dentonisd.org/ginningses
Grades: Kindergarten - 5
Ginnings > Strickland > Ryan

Gonzalez School for Young Children
1212 Long Road, Denton, TX 76207
940-369-4360
https://www.dentonisd.org/gonzalezs4yc
Grades: Early Childhood – Pre Kindergarten

Guyer High School
7501 Teasley Lane, Denton, TX 76201
940-369-1000
https://www.dentonisd.org/guyerhs
Grades: 9 - 12
Division 1, Region 1, District 5-6A

H Back to Top

Harpool Middle School
9601 Stacee Lane, Argyle, TX 76226
940-369-1700
https://www.dentonisd.org/harpoolms
Grades: 6 - 8
Harpool > Guyer

Hawk Elementary School
2300 Oakmont Drive, Corinth, TX 76210
940-369-1800
https://www.dentonisd.org/hawkes
Grades: Kindergarten - 5
Hawk > Crownover > Guyer

Hodge Elementary School
3900 Grant Parkway, Denton, TX 76208
940-369-2800
https://www.dentonisd.org/hodgees
Grades: Kindergarten - 5
Hodge > Strickland > Ryan

Houston Elementary School
3100 Teasley Lane, Denton, TX 76205
940-369-2900
https://www.dentonisd.org/houstones
Grades: Kindergarten - 5
Houston > McMath > Denton

I Back to Top
J Back to Top
K Back to Top

L Back to Top

LaGrone Academy
Advanced Technology Complex
1504 Long Road, Denton, TX 76207
940-369-4850
https://www.dentonisd.org/atc
Grades: 11 - 12

M Back to Top

McMath Middle School
1900 Jason Drive, Denton, TX 76205
940-369-3300
https://www.dentonisd.org/mcmathms
Grades: 6 - 8
McMath > Denton

McNair Elementary School
1212 Hickory Creek Road, Denton, TX 76210
940-369-3600
https://www.dentonisd.org/mcnaires
Grades: Kindergarten - 5
McNair > Harpool > Guyer

Fred Moore High School
815 Cross Timbers St., Denton, TX 76205
940-369-4000
https://www.dentonisd.org/fredmoorehs
Grades: 9 - 12
Alternative High School

Myers Middle School
131 Garza Road, Shady Shores, TX 76208
940-369-1500
https://www.dentonisd.org/myersms
Grades: 6 - 8
Myers > Ryan

N Back to Top

Navo Middle School
1701 Navo Road, Aubrey, TX 76227
972-347-7500
https://www.dentonisd.org/navoms
Grades: 6 - 8
Navo > Braswell

Nelson Elementary School
3909 Teasley Lane, Denton, TX 76210
940-369-1400
https://www.dentonisd.org/nelsones
Grades: Kindergarten - 5
Nelson > McMath > DentonOR
Nelson > Crownover > Guyer

O Back to Top

P Back to Top

Paloma Creek Elementary School
1600 Navo Road, Aubrey, TX 76227
972-347-7300
https://www.dentonisd.org/palomacreekes
Grades: Kindergarten - 5
Paloma Creek > Navo > Braswell OR
Paloma Creek > Rodriguez > Braswell

Pecan Creek Elementary School
4400 Lakeview Blvd., Denton, TX 76208
940-369-4400
https://www.dentonisd.org/pecancreekes
Grades: Kindergarten - 5
Pecan Creek > Myers > Ryan

Providence Elementary School
1000 F.M. 2931, Aubrey, TX 76227
940-369-1900
https://www.dentonisd.org/providencees
Grades: Kindergarten - 5
Providence > Rodriguez > Braswell

Q Back to Top

R Back to Top

E.P. Rayzor Elementary School
377 Rayzor Road, Lantana, TX 76226
940-369-4100
https://www.dentonisd.org/eprayzores
Grades: Kindergarten - 5
E.P. Rayzor > Harpool > Guyer

Newton Rayzor Elementary School
1400 Malone St., Denton, TX 76201
940-369-3700
https://www.dentonisd.org/nrayzores
Grades: Kindergarten - 5
Newton Rayzor > Calhoun > Denton

Rivera Elementary School
701 Newton St., Denton, TX 76205
940-369-3800
https://www.dentonisd.org/riveraes
Grades: Kindergarten - 5
Rivera > McMath > Denton OR
Rivera > Myers > Ryan

Rodriguez Middle School
8650 Martop Road, Oak Point, TX 76227
972-347-7050
https://www.dentonisd.org/Page/90576
Grades: 6 - 8
Rodriguez > Braswell

W.S. Ryan Elementary School
201 W. Ryan Road, Denton, TX 76210
940-369-4600
https://www.dentonisd.org/wsryanes
Grades: Early Education - 5
W.S. Ryan > McMath > Denton

Ryan High School
5101 E. McKinney St., Denton, TX 76208
940-369-3000
https://www.dentonisd.org/ryanhs
Grades: 9 - 12
Division 1, Region 1, District 4-5A
S Back to Top

Savannah Elementary School
1101 Cotton Exchange Drive, Aubrey, TX 76227
972-347-7400
https://www.dentonisd.org/savannahes
Grades: Kindergarten - 5
Savannah > Navo > Braswell

Shultz Elementary School
1502 Hanover St, Denton, TX 76209
940-369-4500
https://www.dentonisd.org/shultzes
Grades: Kindergarten - 5
Shultz > Strickland > Ryan

Sparks Campus
Alternative Campus
201 S. Woodrow Lane, Denton, TX 76205
940-369-2468
https://www.dentonisd.org/sparks
Grades: 5 - 12

Stephens Elementary School
133 Garza Road, Shady Shores, TX 76208
940-369-0800
https://www.dentonisd.org/stephenses
Grades: Kindergarten - 5
Stephens > Myers > Ryan

Strickland Middle School
324 E. Windsor Drive, Denton, TX 76209
940-369-4200
https://www.dentonisd.org/stricklandms
Strickland > Ryan

T Back to Top

U Back to Top

Union Park Elementary School
7301 Fieldwood Way, Aubrey, TX 76227
940-369-0900
https://www.dentonisd.org/unionparkes
Grades: Kindergarten - 5
Union Park > Rodriguez > Braswell

V Back to Top

W Back to Top

Wilson Elementary School
1306 E. Windsor Drive, Denton, TX 76209
940-369-4500
https://www.dentonisd.org/wilsones
Grades: Kindergarten - 5
Wilson > Strickland > Ryan

Windle School for Young Children
901 Audra Lane, Denton, TX 76209
940-369-3900
https://www.dentonisd.org/annwindles4yc
Grades: Early Childhood – Pre Kindergarten

X Back to Top

Y Back to Top

Z Back to Top

Sources:
Denton ISD Attendance Zone Maps
TEA Accountability Rating (Texas Education Agency)
UIL alignments (University Interscholastic League)