Here are a few national real estate statistics The Gabbard Team is tracking for you:
According to the National Association of Realtors, the number of projected home sales rose to 5.5 million. The national average in January was 4.8 million.
The national median home price for existing homes increased to $224,100. In January the average home price was $220,300. So, national home price averages are up 1.9% from last month and up 7.6% from this same time last year.
Finally, according to Freddie Mac, the national average for a 30 year fixed rate mortgage is 3.81%. This is down from the 3.96% national average in January.
Curious about local interest rates? The Gabbard Team can put you in touch with one of our preferred lenders. They can also start the pre-approval process for you and explain the different types of loans that are available.
To find out how these national numbers affect home prices in your area, call The Gabbard Team today at 513-401-5188.
The Gabbard Team has the experience, knowledge and imagination to get the desired results for their clients. Collectively, The Gabbard Team has over 50 years of real estate experience. The team is committed to staying informed of the daily changing market so that they remain the local experts. The Gabbard Team creatively stays ahead of these market trends allowing them to properly market homes and help buyers qualify to purchase them.
Hire The Gabbard Team to protect your most valuable asset. Contact Bill Gabbard of The Gabbard Team at 513-401-5188 for all of your residential and commercial real estate needs.
The Gabbard Team Keller Williams Realty
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