Examples are Investors could have come and scooped up a lot of the distressed properties. Move-up buyers could also just decide not to sell and "wait it out" for the market to recover rather than trying to sell the property for a loss or for less profit. Re-locators could fall into that same category, had to move for work, could not sell, so turned it into a rental and then they rent themselves somewhere else.
But, I know personally of a lot of areas of Lewisville where certain neighborhoods or subdivisions are lightly peppered with rentals and they bring in over $2500+ a month in rent and sales values have gone up over 5% from last summer.
The point I am trying to make is don't fall into the trap, even so many locals do, of lumping Lewisville all together - Lewisville is a very large and diverse area. I have talked to countless people who will think they are talking about Carrolton or Flower Mound or Highland Village and they are actually in Lewisville. If you are wanting to purchase in a area that historically holds it's value better than other parts of town or city any experienced agent should be able to show you in black & white the proof of this, and when your ready I would like to be that agent for you anywhere in Denton County.
Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
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My guess is something like 50%
The closest numbers I can see is:
But various cities in Denton County can be completely different.
For example I would think probably 90% in Flower Mound next door, because very few rentals and very few apartments. Lewisville has lots of apartments.