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Real Estate Market Update – January 2016

January 20, 2016 by Eric Lowry

 

Here are just a few of the National Real Estate numbers we are tracking for you right now…

According to the National Association of Realtors (NAR), the number of projected home sales dipped to 4.8 million, and the national median home price for existing homes increased $220,300. That’s up 0.5% from last month and up 6.3% from this same time last year. If you’re looking to sell your home, now is a fantastic time to get it on the market!

In addition, according to Freddie Mac, the national average for a 30 year fixed rate mortgage is down from last month to 3.96%.

To find out how these numbers affect home prices in our area, contact Eric Lowry, CEO of The Lowry Team, at 513-368-3751.

Find Your Home's Current Market Value In Seconds

The Lowry Team – Keller Williams Realty is an award winning, full service real estate firm specializing in West Chester, Liberty Township, Mason, Monroe and the Northern Suburbs of Cincinnati. The Lowry Team is “Different By Design”… taking a team approach to home buying and selling. The Lowry Team consists of members that are focused on areas of specialization including Listing Specialists, Buyer Specialists, Transaction/Listing Coordinator, Inside Sales Associate and a Marketing Director.

Don’t Hire an Agent…Hire a Team.  The Lowry Team.

Buyers and Sellers can reach The Lowry Team Keller Williams at 513-874-1830.

Other Articles You May Be Interested In:

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Buying a Home Step 1: Get Pre Approved

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Filed Under: Eric Lowry's Articles, Market Update Tagged With: Cincinnati Real Estate, Eric Lowry, Keller Williams West Chester Ohio, Liberty Township Real Estate, LowryTeam.com, Mason Ohio Real Estate, Real Estate Market Update - January 2016, The Lowry Team, West Chester Ohio Real Estate

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