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- Real Estate Stats: 01/05-01/12
Real Estate Stats: 01/05-01/12
Keenan Coit, Coldwell Banker Distinctive Properties
Real estate headlines have been loud this week. Trump said he’s directing Fannie and Freddie to buy $200B in mortgage bonds to try to push rates down, and he also floated a move to ban large institutional buyers from purchasing more single family homes.
We’ll see how much of that becomes real policy, but it’s already shaping the conversation going into the next set of national numbers.
NAR releases December existing home sales this Wednesday, January 14, and the early consensus being floated is around 4.23M SAAR (Seasonally Adjusted Annual Rate) up from 4.13M.
Meanwhile, rates are still sitting right around the low 6’s to start the year (Freddie Mac had 6.16% on Jan 8), so every little move in the bond market matters for affordability.
In Mesa County
There are currently 599 active homes on the market in Mesa County. This is a 1% increase compared to one week ago.
The average sold price YTD is $438,031.
The median sold price YTD is $382,500.

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