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