On Tuesday, the January Consumer Price Index (CPI) will be released. CPI is anticipated to show a modest increase, aligning with the Federal Reserve's inflation targets and potentially influencing the Fed's interest rate decisions ahead of its March 20 meeting.

Recent favorable revisions to past CPI reports and expectations for cooling shelter costs and services inflation are key factors the Fed will consider, as these developments could signal a move towards an interest rate cut if inflation continues to trend towards the 2% goal.

Hopefully, we get good news tomorrow morning!

In Mesa County

There are currently 441 active homes on the market in Mesa County. This is a 3% decrease compared to a week ago.

The average sold price YTD is $413,724 and the median sold price YTD is $375,000.

Mortgage Rates Today

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