This Month in Real Estate October 2017 - Jennifer Westmoreland and Associates

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.

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