The national statistics for December show that home sales are down from the previous month as well as the median sales price, but higher than this time last year. The average interest rate moved from 3.79% to 3.97%, an increase that has been projected for quite some time. If you are looking to buy a home in the near future, act now while the median sales price is down and before the interest rates increase more! For more information on our local market or how these numbers affect you, please contact me at pfjohnson@kw.com.
This Month in Real Estate: December 2015
