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.

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National Real Estate Update for June 2020 from National Association of Realtors shows  projected number of home sales dipped to 4.3 million.  The June 2020 median price for existing home sales increased to $287K . This is up 2.2% from last month, and up 7.5% from this time last year.

National Real Estate June 2020 – Mortgage Rates 

According to Freddie MAC, the national average for a 30 year fixed rate mortgage is down from last month to 3.24%.

More News of Spring in the Mountains

Signs of Spring for June show gorgeous domestic mountain laurels in yards.  Yellow and orange azaleas are showing in yards and on hillsides this month as well.

 Please check out my book of reasons to love Western North Carolina … find your ideal home.   

Please note the ‘Safer at Home’ North Carolina Reopening restrictions Phase II … Current Phase II Reopening Orders.   

                                                            Published by Keller Williams Realty

National Real Estate Update for May 2020 from National Association of Realtors shows  projected number of home sales dipped to 5.3 million.  The May 2020 median price for existing home sales increased to $280.6K . This is up 3.7% from last month, and up 8% from this time last year.

National Real Estate May 2020 – Mortgage Rates 

According to Freddie MAC, the national average for a 30 year fixed rate mortgage is down from last month to 3.31%.

More News of Spring in the Mountains

Signs of Spring continue with black bear family viewings. Bears are hungry after wintering in their dens and birdseed is tempting.

While state is slowly reopening  businesses, we are still under stay at home restriction unless need to leave. During this time, please send me a note if you want a particular search criteria set to update you as more properties come on market….I’m here to help you  find your ideal home…Call or send word anytime! Reopening restrictions Phase I are in place effective May 8th…Please Note Current Phase I Reopening Orders.   

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National Real Estate April 2020 from National Association of Realtors shows  projected number of home sales rose to 5.8 million.  The Real Estate April 2020 median price for existing home sales increased to $270.1K  that is up 1.5% from last month and up 3.5% from this time last year.

National Real Estate Update April 2020 – Mortgage Rates According to Freddie Mac

The national average for a 30 year fixed rate mortgage is up from last month to 3.5%. 

Local News of Spring

Signs of Spring continue beautifully with bees buzzing on redbuds.  Though quiet here as most all places, the sun and fresh air with spring blooms aplenty give hope.  New properties are continuing to arrive on market.  This is a lovely time to check out my website, send me a note if you want a particular search criteria set to update you as properties go on market….I’m here to help you find your ideal home…Call or send word anytime!  Please Note Current Travel Orders into State. 

Published by Keller Williams Realty

National Real Estate Update for March 2020 from National Association of Realtors shows  projected number of home sales dipped to 5.46 million.  The median price for existing home sales decreased to $266.3 K  that is down  3% from last month and up 6.8% from this time last year.

Mortgage Rates According to Freddie Mac

The national average for a 30 year fixed rate mortgage is down from last month to 3.49%. 

Signs of Spring are here and about with Daffodils first putting out their hardy leaves.  The more venturesome ones  so designated by being in sun, are blooming. There is a freshness to the air and expectation of spring in the barnyard with  the birth of baby goats and all their curiosity.  New properties arrive on market daily.  This is a lovely time to visit and  I’m here to help you find your ideal home. Give me a call anytime!

Published by Keller Williams Realty