National Association of Realtors® Numbers for February

The National Association of Realtors® tracks activity in real estate across the United States. Here are a few of the national real estate numbers that are being tracked right now.

According to the National Association of Realtors® the number of projected home sales dipped 5.5 million. And the national median home price existing homes decreased to  $232, 200. That’s down 0.9% from last month and up 4% from this same time last year. Finally, according to Freddie Mac the national average for a 30-year fixed rate mortgage is down from last month to 4.19%.

Interest rates continue to stay low which also may a positive incentive for First-Time Home Buyers to move from Renting to Buying a home.

Call me at 713-899-3210 to see if now is the right time for you to buy a home.

Visit my website at https://www.michellesealy.kw.com to get more market analysis for your specific area.


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Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.
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