National Real Estate Update September 2018  from National Association of Realtors shows  projected number of home sales dipped to $5.3 million.  The median price for existing home sales decreased to $269,000 down 1.5%  from last month and up  4.5% from this time last year.

National Real Estate Update

September 2018

Mortgage Rates 

According to Freddie MAC, the national average for a 30 year fixed rate mortgage is down from last month to 4.5%.

End of Summer season home sales continue strong.  The beautiful fall season is soon to arrive.  This is a great time to visit the western NC mountains. Consider a trip to Highlands ,Cashiers, NC,  or east toward Asheville.  You will enjoy the fresh high mountain air and Fall leaf colors starting.  Give me a call today.  I’m  ready to help you find your mountain dream home!

                  This Month in Real Estate published by Keller Williams Realty

National Real Estate Update for August 2018 from National Association of Realtors shows  projected number of home sales dipped to $5.4 million.  The median price for existing home sales increased to $276,900, up  4.5%  from last month and up  5.2% from this time last year.

National Real Estate Update August 2018 – Mortgage Rates 

According to Freddie MAC, the national average for a 30 year fixed rate mortgage is down from last month to 4.52%.

Summer home sales continue to be strong.  The beautiful summer season in full beauty is a great time to visit the western NC mountains. If you’re thinking about a trip to Highlands or Cashiers, NC,  you will enjoy the cool summer mountain air, mountain summer beauty!  Give me a call today.  I’m  ready to help you find your mountain getaway.

 

                  This Month in Real Estate published by Keller Williams Realty

 

National Real Estate Update for July 2018 from National Association of Realtors shows  projected number of home sales dipped to $5.43 million.  The median price for existing home sales increased to $264,800, up 2.7% from last month and up 4.9 % from this time last year.

National Real Estate Update July 2018 – Mortgage Rates 

According to Freddie MAC, the national average for a 30 year fixed rate mortgage is down from last month to 4.57%.

Summer home sales continued to be strong and there are still lovely homes still available.  What better time to visit the western NC mountains than when the beautiful mountainside  rhododendrons are in full bloom. If you’re thinking about a trip to Highlands or Cashiers, NC,  you are right on time to enjoy the cool summer mountain air!  Give me a call today.  I am ready to help you find your mountain getaway.

National Real Estate Update for June 2018 from National Association of Realtors shows  projected number of home sales dipped to $5.4 million.  The median price for existing home sales increased to $257,900, up 3.2% from last month and up 5.3 % 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 4.66%.

National Real Estate Update June 2018 – Mortgage Rates 

Summer home sales are strong but there are still lovely homes still available.  What better time to visit the western NC mountains than when the beautiful mountainside laurels and rhododendrons are in bloom. If you’re thinking about a trip to Highlands or Cashiers, NC,  you are right on time to enjoy the cool summer mountain air!  Give me a call today.  I am ready to help you find your high elevation dream property.

National Real Estate Update for May 2018 from National Association of Realtors shows  projected number of projected home sales rose to $5.6 million. Median price for existing home sales increased to $250,400, up 3.9% from last month and up 5.8 % 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 4.47%.

National Real Estate Update May 2018 – Mortgage Rates 

Mortgage rates are now approaching 4.5%. Even so, there is no better time to begin your mountain home search.  Summer visitors are arriving, summer home sales beginning.  Domestic rhododendrons and mountain laurel are just in bloom and they look lovely. If you’re thinking about a trip to Highlands or Cashiers, NC,  you are right on time to enjoy the cool summer mountain air!  Give me a call today.  I am ready to help you find your high elevation dream home.

        

National Real Estate Update – April 2018 from National Association of Realtors shows  projected number of projected home sales rose to $5.5 million. Median price for existing home sales increased to $241,700 up .4% from last month and up 5.9 % 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 4.45%.

National Real Estate Update – Mortgage Rates 

Mortgage rates have recently increased above 4% for first time in years. There couldn’t be a better time to begin your home search, just before selling season begins.  As Spring is fully in bloom, more buyers will be competing for homes. Come to Highlands or Cashiers, NC now to get your best choice!  Give me a call today.  I am ready to help you find your mountain dream home.  You will so enjoy the cool summer breezes high above the lowland heat.

National Real Estate Update – March 2018 from National Association of Realtors shows  projected number of home sales dipped to $5.4 million. Median price for existing home sales decreased to $240,500 down 2.4% from last month and up 5.8 % 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 4.4%.

Mortgage Rates

Mortgage rates have recently increased above 4% for first time in years. There couldn’t be a better time to begin your home search, just before selling season begins.  As we move toward Spring, more buyers will be competing for homes. Come to Highlands or Cashiers, NC now to get your best choice!  Give me a call today.  I am ready to help you find your mountain dream home.  You will so enjoy the cool summer breezes high above the lowland heat.

 

National Real Estate Update February 2018

National Real Estate Update in February from National Association of Realtors shows  projected number of home sales dipped to $5.6 million. Median price for existing home sales decreased to $246,800 down .2% from last month and up 5.8 % 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 4.15%.

Mortgage Rates

With mortgage rates edging up just over 4% for first time in a long while, this couldn’t be a better time to buy.  As we move toward Spring, more buyers will be competing for homes. Come to Highlands or Cashiers, NC now to get your best choice!  Give me a call today.  I am ready to help you find your mountain dream home.  You will so enjoy the cool summer breezes high above the lowland heat.

 

The January 2018 national real estate market report from National Association of Realtors shows a projected number of home sales increased to $5.8 million. National median price for existing home sales rose to $248 K, up .8% from last month and up 5.8 % 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 3.99%.

Mortgage Rates

With mortgage rates edging up but under 4%, it’s still a great time to buy.

 

This Month in Real Estate – January 2018 is published by Keller Williams Realty

Fraser Fir trees abound in North Carolina, especially in the western mountain counties. In Jackson County, i.e., a recent year statistic shows over 200,000 trees cut from 73 tree farms.

Of all fir trees grown in NC,  over 95% are Frasers for good reason.  Frasers have strong limbs and soft needles with good retention after cutting.  Perfectly shaped, Fraser firs have a pleasant long lasting fragrance.

Fraser Fir Growing Requirements

Frasers are native to TN, VA and GA in addition to NC and grow best in high elevations of western NC and southwestern Virginia.  Fraser firs thrive with 75-100 inches of annual rain in cooler climates around 65 degrees and in full sun.  Since Frasers bud in late Spring, these trees can take a later frost typical in these areas.

Growing time is most often mentioned as 7 years for maturing to the most popular height of 7-10 feet.  Seven years does not include the fact that seedlings, already 2-3 years old, give Frasers a big head start.

Across NC, about 1300 tree farms grow Frasers on 40,000 acres.   Fraser Firs from NC are shipped to every state in the US as well as neighboring countries and islands. NC Frasers constitute over 20% of real Christmas trees in the US.

To review properties for sale in western NC, please visit my Cashiers, NC community page.