National Real Estate Update for February 2020 from National Association of Realtors shows projected number of home sales rose to 5.5 million. The median price for existing home sales increased to $274.5 K that is up 1.2% from last month and up 7.8% 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 3.65%.
Winter begins to slowly wane. Daffodil leaves, hardy ones that they are, begin to sprout. There is a freshness to the air and expectation of Spring to come. New properties are now arriving on the market daily and it’s a great time to visit. I’m here to help you find your ideal home. Give me a call anytime!
Published by Keller Williams Realty