Robert Woehrle ... REAL ESTATE UPDATE
		SINGLE-FAMILY HOME PRICES ROSE IN 99% OF 183 METRO AREAS IN 2021 Q2 pinterest The National Association of REALTORS® reported that the year started off with strong home price growth and continued for the second quarter of 2021. Prices continued to rise, with 94% of the markets showing double-digit home price appreciation. National median prices rose 22.9% year over year to $357,900. Monthly mortgage payments on a single-family home this quarter increased to $1,215 compared to $1,019 from a year ago. Qualifying median family incomes rose to $58,314 compared to first quarter of 2021, which was $51,055, and $48,912 a year ago. The effective 30-year fixed mortgage rate decreased to 3.05% in the second quarter of 2021 compared to 3.29% one year ago. Knowing the mortgage rates and the qualifying incomes for down payments will help potential homeowners figure out what metro areas are affordable for them.								DID YOU KNOW?         Dr. Seuss has a house in Alaska       12766 Mockingbird Lane Weave Bridge, PA

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		Robert Woehrle ...  +14152879100 robert33@woehrle.com ccd jjj 20 u