Lewisville - Flower Mound - Highland Village Edition - July…

LEWISVILLE FLOWERMOUND HIGHLAND VILLAGE EDITION

REAL ESTATE

ONLINE AT

2020EDITION

VOLUME 3, ISSUE 9 | JULY 8 - AUG. 4, 2020

Housingmarket remains active despite pandemic

Active listings and closed sales in May have dropped compared to May of last year, as fewer houses are on the market. At the same time, home prices increased or stayed the same as May 2019. Lewisville Flower Mound Highland Village COMPARING THE DETAILS

BY LIESBETH POWERS

As real estate is an essential business, real estate agents have continued to help residents buy and sell homes during the corona- virus pandemic, but the number of sales across the state has fallen. Data shows a32%year-over-year drop in sales for May, according to the Texas Real Estate Center. This is the lowest average of home sales since 2012, the group reported. Lewisville, Flower Mound and Highland Village fared better than the state, with averages closer to 20% lower in May 2020 than in May the year prior.

-17.1%

Active Listings

IMPACTS

6

-21.4% -21%

-31.5%

Closed Sales

2020 EDI T ION REAL ESTATE

-29.4%

-61.1%

+7.9% 0% +8.3%

Median Price of Homes Sold

-70%

-60%

-50%

-40%

-30%

-20%

-10%

0%

10%

Percent change between May 2019 and May 2020

SNAPSHOT

10

SOURCES: TEXAS REALTOR DATA RELEVANCE PROJECT, GREATER LEWISVILLE ASSOCIATION OF REALTORS / COMMUNITY IMPACT NEWSPAPER

CONTINUED ON 14

Activists continue the dialogue on police reform

A small crowd lined the sidewalk at FM 2499 and FM 1171 in Flower Mound in late May and held up signs protest- ing against police brutality and racism. Protest organizer Sarah Edwards said she was spurred to join the multitudes of people across the country speaking out against the death of George Floyd at the hands of Minneapolis police after a simple comment from her 13-year-old daughter. “That could have been my friend,” her daughter said. The protest that day turned

into another and another. By the 11th day, there were more than 1,200 peo- ple on that corner. They, along with hundreds of others across Lewisville, Flower Mound and Highland Village, have come together in recent weeks to make their voices heard as part of the national movement against racism and police brutality. But here in the suburbs, protests have mostly run their course, and what comes next will be key, some local protest organizers said.

TEXAS TRADITIONS OUTDOORS

16

BY LIESBETH POWERS

CONTINUED ON 18

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Roughly 350 people marched June 2 from Lewisville High School to Wayne Ferguson Plaza in downtown Lewisville. (Courtesy DaShantanaya Lee)

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