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.