Sunday, August 30, 2020

RE/MAX National Housing Report August 2020

RE/MAX National Housing Report August 2020!

Michael Kozlowski #1 Individual RE/MAX Agent in the State of Colorado! Check us out:

The market heated up in July. It saw a record bounce back from the recent pandemic skid according to the latest RE/MAX National Housing Report.

Here are three things you need to know:
- July saw a historic amount of homes sold - home sales were up 8.7% over last year.
- The number of homes on the market remains low – with only 1.7 months supply.
- Home prices grew 8.6% over last year. The median home price is $285,000.

It appears that the fall will be a busy time. If you're thinking about selling your home, now's the time! Buyers are in the market, interest rates are still historically low, and you won't have a lot of competition.

If you're thinking about a move this fall, I'm here to help!

#realestate #housingmarket #realestatemarket #realtor #homeowners #interestrates #remax #housing #sales

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