New single-family building permits have continued to slide for several parts of North Texas, but Denton is bucking the trend.
“There’s also a little bit of choppiness because there are some neighborhoods where builders haven’t started as much and they’ve worked their inventory down, and now it’s time to go out and to restart housing,” said, principal with Dallas-based Residential Strategies Inc. “I think that’s part of the story as well.”
Homebuilders like Meritage Homes and Lennar Homes have been active in a community called Kings Ridge. Historically, activity in Denton has concentrated to the south of Interstate 35, but a lot of that area is built-out. New development has been focused on the western section of the city, Wilson said.
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