Continuing with our monthly updates, we first take a look at the new housing numbers. Home sales activity is at an annual pace of 5.1 million. Of those houses, their median home price was at $199,000. Those median home prices are at an increase from last year by +12.8%. The average annual rate on a fixed rate mortgage dipped to 4.22%.
This month we will look at the top Eco-friendly features home buyers are looking for in their new home. Updating your home will not only make it more appealing to prospective buyers, they will also save you money on utilities until you decide to sell. Home buyers are always looking for homes that are up to date with all of its features. Here are the top 5 Eco-friendly features home buyers are looking to find in their new home:
Double Pane Windows
Energy Efficient Windows
Efficient Heating and Cooling Systems
Tankless Water Heaters
As always, contact your local real estate professional with any inquiries about which measures you should take to help you at the closing table.