The November 2017 national real estate market report from National Association of Realtors shows a projected number of home sales increased to $5.4 million. National median price for existing home sales decreased to to $245 K, down 3.2% from last month and up 4.2 % from this time last year. According to Freddie MAC, the national average for a 30 year fixed rate mortgage is up from last month to 3.88%.
Mortgage rates remain under 4% and, with leaves nearly all off trees, it’s a great time to see property.
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…This Month in Real Estate – November 2017 is published by Keller Williams Realty