[VIDEO] This Month in Real Estate (October 2015)

Welcome to this month in Real Estate for October 2015. Here are just a few of the numbers we are tracking for you right now.

According to the National Association of Realtors (NAR), the number of projected home sales dipped to 5.3 Million. Also, the national median home price for existing homes decreased to $228,000. That’s down 1.3% from last month and up 4.7% from this same time last year.

Finally according to Freddie Mac, the national average for a 30-year fixed rate mortgage is down from last month to 3.91%.

To learn more about 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.