Is Texas real estate slowing down?

[Broncojohnny]

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

[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?

[slow99]

Certainly not slowing down in my neck of the woods.

[kenny c]

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

[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...

[War Machine]

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

[lincolnboy]

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

[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.

[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.