National Real Estate Update September 2020

National Real Estate Update – September 2020

National Real Estate Update for  September 2020 from National Association of Realtors shows projected number of home sales increased to $5.6 million.  The September 2020 median price for existing home sales increased to $304K . This is up 3% from last month, and up 8.5% from this time last year.

Mortgage Rates – National Real Estate Update

Freddie MAC announces the national average for a 30 year fixed rate mortgage is down from last month to 2.99%.

The Mountains – Late Summer into Early Fall

September is a transition time in the mountains…not quite Fall and late summer hydrangeas and greenery still look beautiful.  There are a few falling leaves but no color yet. Visitors  find moderating temperatures but varied, using a jacket at times but quite comfortable in shirt sleeves at others.  While sightseeing, there are homes and land to explore while enjoying all that Highlands, Cashiers and Sapphire have to offer.

 Please check out my book of reasons to love Western North Carolina to get more information about our beautiful mountains and call me to start your ideal home search. 

Please note the North Carolina Reopening Orders are extended  ….please see Current Phase 2.5 Reopening Orders for more information.

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