THIS MONTH IN REAL ESTATE
January 2018
 
HOME SALES
Home sales increased year-over-year.
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5.81 MILLION
Seasonally adjusted annual rate of U.S. home sales
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+3.8% since one year ago
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+5.6% since last month
HOME PRICE
Home prices have continued to increase year-over-year.
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$248,000
Average
U.S. home price.
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+5.8% since one year ago
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+0.8% since last month
MORTGAGE RATES
Mortage rates remain well below the historic average.
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30 year fixed: 3.99%
15 year fixed: 3.44%
5/1-year arm: 3.47%
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!