Welcome to This Month in Real Estate April 2017. Here are just a few of the national real estate numbers we’re tracking for you right now. According to the National Association of Realtors, the number of projected home sales dipped to 5.5 million. And the national median home price for existing homes increased to $228,400. That’s up 0.5% from last month and up 7.7% from this same time last year. If you’re looking to sell, now might be a good time to enter the market. Finally, according to Freddie Mac, the national average for a 30 year fixed-rate mortgage is up from last month to 4.23%.To find out how this affects home values where you are in West Michigan, give us a call at (616) 953-8862!
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