THIS MONTH IN REAL ESTATE
August 2017
 
HOME SALES
Home sales increased year-over-year.
5.52 MILLION
Seasonally adjusted annual rate of U.S. home sales
+0.7% since one year ago
-1.8% since last month
HOME PRICE
Home prices have continued to increase year-over-year.
$263,800
Average
U.S. home price.
+6.5% since one year ago
+4.5% since last month
MORTGAGE RATES
Mortage rates remain well below the historic average.
 
30 year fixed: 3.96%
15 year fixed: 3.23%
5/1-year arm: 3.21%
Historical Average: 8.90%
Source: Freddie Mac
THERE'S OPPORTUNITY IN EVERY MARKET!
Call today to find out what's happening in our local area and how I can help!