November’s home sale pace highest in 9 1/2 years!

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    Highlights

    • November’s sales pace is now the highest since February 2007
    • Sales pace is 15.4 percent higher than a year ago
    • The median existing-home price for all housing types in November was $234,900
    • Home inventory is now 9.3 percent lower than a year ago, over 2 million fewer homes on the market
    • According to Freddie Mac the average commitment rate for a 30-year, conventional, fixed rate mortgage leaped to 3.77 percent

    View full report at Existing – Home Sales Forge Ahead in November

    Bottom Line: If you need to buy or sell a home, Contact Us

    Thanks for viewing! #HOMESandVALOR

    kwhvii
    YOUR REAL ESTATE PROFESSIONALS FOR LIFE
    843.633.3000

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