THIS MONTH IN REAL ESTATE May 2017   HOME SALES Home sales increased year-over-year. 5.71 MILLION Seasonally adjusted annual rate of U.S. home sales +6.5% since one year ago +4.4% since last month HOME PRICE Home prices have continued to increase year-over-year. $236,400 Average U.S. home price. +6.7% since one year ago +3.6% since last month MORTGAGE RATES Mortage rates remain well below the historic average.   30 year fixed: 4.03% 15 year fixed: 3.27% 5/1-year arm: 2.12% Historical Average: 8.90% Source: Freddie Mac THERE'S OPPORTUNITY IN EVERY MARKET! Call today to find out what's happening in our local area and how I can help! Deborah Barouch GREEN, CRS eXp Realty Broker 207-300-6181 207-838-4875 Get This Week's Southern Maine Market Conditions Click here to download my mobile app! deborah.barouch@exprealty.com SearchMaineHomes.net Copyright 2017 Keller Williams® Realty, Inc. If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed. Equal Opportunity Housing Provider. Each office is independently owned and operated.