Posts Tagged ‘this month in real estate’

This Month in Real Estate

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June 2018 Market Update

Below is information on the current real estate market. Interested in what’s happening specifically in your greater Athens neighborhood? Give us a call today or submit a request for contact! We’d be happy to review a personal home purchase or sale plan customized just for you.

(information via Keller Williams)

decorative image Monthly VideoAccording to the National Association of REALTORS®, existing home sales declined during the month of April after two consecutive months of growth. While demand remains high, the lack of available homes on the market in many parts of the country has kept housing growth at a slower pace.
  Interest Rates decorative image   Interest RatesAccording to Freddie Mac, 30-year fixed rates rose from 4.47 percent to 4.66 percent. This rate remains well below the historical average of 8.90 percent.
  Home Sales decorative image   Home Sales Graph   The National Association of REALTORS® reported home sales at a seasonally adjusted annual rate of approximately 5.5 million homes during the month of April. This was a decrease of 2.5 percent from March and a decrease of 1.4 percent from April of last year.
  Home Prices decorative image   Home Price Graph   The median home price increased to $257,900 in April, which was up 3.2 percent from March and up 5.3 percent from April of last year. The median home price has increased by approximately $12,900 in the past year alone.
  Inventory decorative image   Inventory Graph   There was a 4.0-month supply of housing inventory in April, which was an increase of 14.3 percent from March. The total number of available homes for sale has decreased by 2.4 percent compared to April of last year.
decorative image   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 May 2018

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Interested in what’s going on in your Greater Athens area neighborhood too?

Your “This Month in Real Estate” update for May 2018 is here! Would you like more information on what’s going on with your home in the greater Athens area? Submit a request for contact, or give us a call today! Information via Keller Williams.

May 2018 Market Update
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Monthly VideoAccording to the National Association of REALTORS®, existing home sales inched up for the second consecutive month in March in spite of insufficient inventory in many parts of the country. The ongoing strain on available homes has kept housing growth at a slower pace than that of last year.
Interest Rates
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Interest RatesAccording to Freddie Mac, 30-year fixed rates rose from 4.45 percent to 4.47 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 5.6 million homes during the month of March. This was an increase of 1.1 percent from February and a decrease of 1.2 percent from March of last year.
Home Prices
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Home Price Graph
The median home price increased to $250,400 in March, which was up 3.9 percent from February and up 5.8 percent from March of last year. The median home price has increased by approximately $13,800 in the past year alone.
Inventory
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Inventory Graph
There was a 3.6-month supply of housing inventory in March, which was an increase of 5.9 percent from February. The total number of available homes for sale has decreased by 5.3 percent compared to March of last year.
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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 March 2018 Greater Athens GA

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Interested in What’s Happening in Your Neighborhood? Contact us today

(Information and photos via Keller Williams)

Below is information for March 2018. Submit a request for contact or give us a call today to learn more about your greater Athens area neighborhood market.

March 2018 Market Update decorative image Monthly VideoAccording to the National Association of REALTORS®, existing home sales slid in January due primarily to a significant shortage of available homes on the market. Inventory constraints coupled with a healthy buyer demand put upward pressure on home prices, which can diminish overall sales activity.
  Interest Rates decorative image   Interest RatesAccording to Freddie Mac, 30-year fixed rates rose from 4.15 percent to 4.40 percent. This rate remains well below the historical average of 8.90 percent.
  Home Sales decorative image   Home Sales Graph   The National Association of REALTORS® reported home sales at a seasonally adjusted annual rate of approximately 5.4 million homes during the month of January. This was a decrease of 3.2 percent from December and a decrease of 4.8 percent from January of last year.
  Home Prices decorative image   Home Price Graph   The median home price decreased to $240,500 in January, which was down 2.4 percent from December and up 5.8 percent from January of last year. The median home price has increased by approximately $13,200 in the past year alone.
  Inventory decorative image   Inventory Graph   There was a 3.4-month supply of housing inventory in January, which was a 6.2 percent increase from December. The total number of available homes for sale has decreased by 2.9 percent compared to January of last year.
decorative image   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 February 2018

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Learn about current market trends, and what’s going on in your neighborhood

(Information and graphics via Keller Williams)

 

Interested in what’s going on in your neighborhood in the Greater Athens area? Give us a call today, or submit a request for contact. We’d be happy to provide you with a custom home valuation guide and home sale or purchase plan.

February 2018 Market Update decorative image Monthly VideoAccording to the National Association of REALTORS®, existing home sales slipped slightly in December. Looking at the entirety of 2017, a modest 1.1 percent increase was posted. While housing demand remains high in many parts of the country, the limited number of available homes for sale has significantly stunted overall growth.
  Interest Rates decorative image   Monthly VideoAccording to Freddie Mac, 30-year fixed rates rose from 3.99 percent to 4.15 percent. This rate remains well below the historical average of 8.90 percent.
  Home Sales decorative image   Home Sales Graph   The National Association of REALTORS® reported home sales at a seasonally adjusted annual rate of approximately 5.6 million homes during the month of December. This was a decrease of 3.6 percent from November and an increase of 1.1 percent from December of last year.
  Home Prices decorative image   Home Price Graph   The median home price decreased to $246,800 in December, which was down 0.2 percent from November and up 5.8 percent from December of last year. The median home price has increased by approximately $13,500 in the past year alone.
  Inventory decorative image   Inventory Graph   There was a 3.2-month supply of housing inventory in December, which was an 8.6 percent decrease from November. The total number of available homes for sale has decreased by 11.1 percent compared to December of last year.
decorative image   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 January 2018

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Real Estate Trends – Interested in Your Neighborhood?

(Information via Keller Williams)

This Month in Real Estate

Monthly VideoAccording to the National Association of REALTORS®, existing home sales accelerated significantly in November, reaching their fastest rate of growth in over 10 years. In spite of ongoing inventory constraints, particularly in the starter-home segment, and a healthy, growing median home price, homes are selling rapidly as buyers scoop up available properties.

Interest Rates

AccordingMonthly Video to Freddie Mac, 30-year fixed rates rose from 3.90 percent to 3.99 percent. This rate remains well below the historical average of 8.90 percent.

Home Sales

The National Association of REALTORS® reported home sales at a seasonally adjusted annual rate of approximately 5.8 million homes during the month of November. This was an increase of 5.6 percent from October and an increase of 3.8 percent from November of last year.

Home Sales Graph

Home Prices

Home Price Graph

The median home price increased to $248,000 in November, which was up 0.8 percent from October and up 5.8 percent from November of last year. The median home price has increased by approximately $13,600 in the past year alone.

Inventory

There was a 3.4-month supply of housing inventory in November, which was a 12.8 percent decrease from October. The total number of available homes for sale has decreased by 15.0 percent compared to November of last year.

Inventory Graph

Interested in what’s happening in the greater Athens area or your neighborhood? Submit a request for contact or give us a call for a no obligation review!

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 December 2017

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Current Real Estate Trends in the Greater Athens Area

(Information via Keller Williams)

December 2017 Market Update decorative image Monthly VideoAccording to the National Association of REALTORS®, existing home sales picked up in October, overcoming ongoing inventory shortages. Healthy job growth and wage increases are fueling continued strong demand in much of the country.
Interest Rates decorative image   Monthly VideoAccording to Freddie Mac, 30-year fixed rates rose from 3.88 percent to 3.90 percent. This rate remains well below the historical average of 8.90 percent.
Home Sales decorative image   Home Sales Graph   The National Association of REALTORS® reported home sales at a seasonally adjusted annual rate of approximately 5.5 million homes during the month of October. This was an increase of 2.0 percent from September and a decrease of 0.9 percent from October of last year.
Home Prices decorative image   Home Price Graph   The median home price decreased to $247,000 in October, which was down 0.2 percent from September and up 5.5 percent from October of last year. The median home price has increased by approximately $12,900 in the past year alone.
Inventory decorative image   Inventory Graph   There was a 3.9-month supply of housing inventory in October, which was a 7.1 percent decrease from September. The total number of available homes for sale has decreased by 11.4 percent compared to October of last year.

Interested in more information on what’s happening in your neighborhood in the greater Athens area? Give us a call, or submit a request for contact today!
decorative image   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 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.

 

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