Home Sales Prices Continue to Jump in Q3 2021

Home Sales Prices Continue to Jump in Q3 2021

The National Association of Realtors (NAR) announced this week that median home sales increased 16% across the nation. Nearly every single territory tracked went up, and over 80% of areas saw double-digit increases compared to a year ago.?


There are some hopes that rising interest rates and increasing inventory MAY result in slower price growth over the next 12 months. In that scenario, we would see a better market for buyers. As of now, the average 30 year interest rate in New York is still around 3.2% for someone with good credit.?


Be sure to monitor the latest new listings and price reduced properties in Brooklyn!?

New listings: https://myre.io/08zJgUuoKggm


Price reduced: https://myre.io/099aqGITHsms

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