June ’15 National Market Update

Sale Sign

Now is the time to sell. According to the National Association of Realtors, average home prices across the US are expected to rise by 6% in 2015. Also, the number of existing homes sold nationwide is expected to increase by 8% while new construction home sales surge by over 30% versus 2014 sales data.

Today’s home buyers are mortgage-dependent. They want to buy a house, but don’t want to be as mortgage-poor as they might have been in the past. But, according to a report released by realtor.com, waiting to buy a home could have financial penalties as interest rates and home prices are expected to climb in the next year.

Today, it’s more important than ever, as both a buyer and seller, to know your market and know and the home values even better.

Contact me today for a free market analysis!

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