National Real Estate Update for June 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 $257,900, up 3.2% from last month and up 5.3 % 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 4.66%.
National Real Estate Update June 2018 – Mortgage Rates
Summer home sales are strong but there are still lovely homes still available. What better time to visit the western NC mountains than when the beautiful mountainside laurels and rhododendrons are in 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 high elevation dream property.