What You Should Do Before Interest Rates RiseIn today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t
Existing Home Sales Point Toward A Good Time To Sell
Dated: August 3 2019
Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June.
Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the optimal 6-month supply.
Median home prices were up 4.3% from June 2018, hitting $285,700. This marked the 88th consecutive month with year-over-year price gains.
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