REAL ESTATE UPDATES AUGUST 2021


		Robert Woehrle REAL ESTATE UPDATES

REAL ESTATE UPDATES AUGUST 2021

Here's the latest news and headlines on property investments, housing, mortgages, refinancing, and real estate markets.

June 2021 brought 5.86 million in sales, a median sales price of $363,300, and 2.6 months of inventory. The median sales price is up 23.4% year over year, and inventory is down 1.3 months from June 2020.



Expect the housing market to cool, not crash		Modest uptick in listings buoys sales

"The housing market is attracting buyers due to the decline in mortgage rates, which fell below 3%, and from an uptick in listings."

- Lawrence Yun, NAR's chief economist


		DID YOU KNOW?


	Iowa’s Field of Dreams is real

12766 Mockingbird Lane

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Robert Woehrle

415-287-9100

[email protected]

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