National Real Estate Update – December 2020
National Real Estate Update for December 2020 from National Association of Realtors shows number of home sales increased to 6.8 million. The median price for existing home sales increased to $313K . This is up .5% from last month, and up 15.5% from this time last year.
Mortgage Rates – National Real Estate Update
Freddie MAC announces the national average for a 30 year fixed rate mortgage is down from last month to 2.72%.
The Mountains – Late Fall into Winter Holidays
Late Fall brings area Fraser Fir tree farms into their busy holiday season with trucks of fir trees heading to supply any number of different states, some nearby and others such as Florida, a good drive away. Visitors find temperatures varied, with mornings in typical 40’s, even a few 30’s and sunny afternoons comfortable in the 40’s. Some large properties are selling this season with buyers moving here from larger cities. Sales are brisk.
Please check out my book of reasons to love Western North Carolina to get more information about our beautiful mountains and call me to start your ideal home search.
Please note the North Carolina Reopening Orders are extended . Businesses have new restrictions between 10 p.m. and 5 a.m. until at least January 8, 2021 ….please see Current Phase 3.0 and modified Reopening Orders for more information.
Published by Keller Williams Realty