Posts Tagged ‘this month in real estate’

This Month in Real Estate October 2017

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Interested in our local Greater Athens area? Contact us today! Information via Keller Williams.

THIS MONTH IN REAL ESTATE
October 2017
HOME SALES
Home sales increased year-over-year.
5.35 MILLION
Seasonally adjusted annual rate of U.S. home sales
+0.2%since one year ago
-1.7%since last month
HOME PRICE
Home prices have continued to increase year-over-year.
$253,500
Average
U.S. home price.
+5.6%since one year ago
-1.8%since last month
MORTGAGE RATES
Mortage rates remain well below the historic average.
30 year fixed: 3.83%
15 year fixed: 3.13%
5/1-year arm: 3.17%
Historical Average: 8.90%
Source: Freddie Mac
THERE’S OPPORTUNITY IN EVERY MARKET!
Call today or submit a request for contact to find out what’s happening in our greater Athens area and how we can help!

Copyright 2017 Keller Williams® Realty, Inc. If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed. Equal Opportunity Housing Provider. Each office is independently owned and operated. 

This Month in Real Estate September

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This Month in Real Estate – September 2017

Information and photos via Keller Williams

 

THIS MONTH IN REAL ESTATE
September 2017
HOME SALES
Home sales increased year-over-year.
5.44 MILLION
Seasonally adjusted annual rate of U.S. home sales
+2.1% since one year ago
-1.3% since last month
HOME PRICE
Home prices have continued to increase year-over-year.
$258,300
Average
U.S. home price.
+6.2% since one year ago
-1.9% since last month
MORTGAGE RATES
Mortage rates remain well below the historic average.
30 year fixed: 3.86%
15 year fixed: 3.16%
5/1-year arm: 3.17%
Historical Average: 8.90%
Source: Freddie Mac
 

THERE’S OPPORTUNITY IN EVERY MARKET!
Call today or submit a request for contact to find out what’s happening in our Greater Athens area and how we can help!

Copyright 2017 Keller Williams® Realty, Inc. If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed. Equal Opportunity Housing Provider. Each office is independently owned and operated.

This Month in Real Estate August 2017

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This Month in Real Estate – August 2017

Information Provided by Keller Williams!

Below is information provided by Keller Williams. Interested in what’s happening in your neighborhood as well? Submit a request for contact, or give us a call today for a personalized home value report and market update!

August 2017 Market Update
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Monthly VideoAccording to the National Association of REALTORS®, existing home sales dipped slightly in the month of June. While demand for homes remains high, inventory, especially in the starter home category, remains constrained. With so many interested buyers waiting for more homes to become available, now may be the perfect time to sell.
Interest Rates
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Monthly VideoAccording to Freddie Mac, 30-year fixed rates ticked up from 3.90 percent to 3.96 percent. This rate remains well below the historical average of 8.90 percent.
Home Sales
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Home Sales Graph
The National Association of REALTORS® reported home sales at a seasonally adjusted annual rate of approximately 5.52 million homes during the month of May. This was a decrease of 1.8 percent from May and an increase of 0.7 percent from June of last year.
Home Prices
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Home Price Graph
The median home price increased to $263,800 in June, which was up 4.5 percent from May and up 6.5 percent from June of last year. The median home price has increased by approximately $16,200 in the past year alone.
Inventory
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Inventory Graph
There was a 4.3-month supply of housing inventory in June, which was up 2.4 percent from May. The total number of available homes for sale has decreased by 6.5 percent compared to June of last year.
Brought to you by KW Research. For additional graphs and details, please see the This Month in Real Estate PowerPoint Report.The opinions expressed in This Month in Real Estate are intended to supplement opinions on real estate expressed by local and national media, local real estate agents and other expert sources. You should not treat any opinion expressed on This Month in Real Estate as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. Keller Williams Realty, Inc., does not guarantee and is not responsible for the accuracy or completeness of information, and provides said information without warranties of any kind. All information presented herein is intended and should be used for educational purposes only. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. All investments involve some degree of risk. Keller Williams Realty, Inc., will not be liable for any loss or damage caused by your reliance on information contained in This Month in Real Estate.

This Month in Real Estate July 2017

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This Month in Real Estate July 2017

Contact us to learn how national numbers compare to your neighborhood in the greater Athens area

(Info via KW)

According to the National Association of Realtors, the median home price for existing homes nationwide has increased 3.2% since last month, and 5.8% since this time last year. Interested in learning more about the current real estate market? Take a look at This Month in Real Estate for the month of July from Keller Williams. Interested in learning how these numbers compare to homes in your neighborhood? We can let you know all about that too! Give us a call today, or request a free home valuation guide customized for your home in the greater Athens area.

 

This Month in Real Estate June 2017

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This Month in Real Estate – June 2017

Monthly Real Estate Trends – Ask About the Athens Area!

Here are some national trends in real estate for the month of June. Interested in what the current market in your neighborhood is like? We’d be happy to sit down with you and review a customized plan based upon your individual market conditions! At Jennifer Westmoreland and Associates, we are a part of the community and make our focus to be the local experts in what’s happening here in the greater Athens area. Submit a request for contact, or give us a call. We look forward to working with you.

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