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Real Estate Market Update May 2016

According to the National Association of Realtor (NAR) the number of projected home sales rose to 5.3 million.

And the national median home price for existing homes increased to $222,700. That's up 5% from last month and up 5.7% from this same time last year.

If you're looking to sell, now might be good time to enter the market.

Finally according to Freddie Mac, the national average for a 30-year fixed rate mortgage is down from last month to 3.59%.​

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