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.