This Month in Real Estate (August 2015)

Welcome to this month in Real Estate.  It’s August 2015.

Here is just a few of the national real estate numbers we are tracking for you right now.

According to the national association of realtors, the number of projected home sales rose to 5.5 million from 5.4 million last month.

And the national median home price for existing homes increased to $236,400.  That’s up 3.3% from last month and up 6.5% from this same time last year.

“If you are looking to sell, now might be a good time to enter the market.”  That’s is a quote from the video.  Call us first to determine that.

It’s definitely a definitely a good time for buyer, but I would call first too because it all depends on a few more factors.

Finally according to Freddie Mac, the national average for a 30 year fixed rate mortgage is up from last month to 4.09% from 4%.

To learn more on how this numbers affect you, contact us today…


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Lawrence & OLA Abitogun are the father/son duo and real estate professional committed to your best interest by assuring that you have access to all the information you need to make the right decisions when it comes to your New Jersey Real Estate. Lawrence is a licensed real estate expert associated with Realmart Realty.