The December 2017 national real estate market report from National Association of Realtors shows a projected number of home sales increased to $5.48 million. National median price for existing home sales decreased to to $247 K, down .6% from last month and up 5.5 % 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 3.9%.
It’s a great time period to purchase property while mortgage rates remain under 4%!
…This Month in Real Estate – December 2017 is published by Keller Williams Realty