Friday, February 23, 2007
Housing market for the week of February 23 2007 in Wesley Chapel Florida
Mortgage rate for the week ending on Friday 23 February 2007.
The average interest rate for the 30 year mortgage declined this week to 6.22%.
The explanation for this decrease is due to the recent reports showing a slowing US housing market. When economic indicators show a weekness in the economy, mortgage rates tend to decline.
Read the full story here:
http://money.cnn.com/2007/02/22/real_estate/mortgage_rates/index.htm
On a local basis,
The numbers of houses available for sale on the MLS in our Wesley Chapel market stayed pretty much the same this week.
MLS Listings in Lexington Oaks: 72
MLS Listings in Seven Oaks: 130
MLS Listings in Meadow Pointe: 259
Here is the graph to give you a representaion of the variation over the last few weeks:
Do not hesitate to contact me if you have any questions.
Mario
813-857-6918
The average interest rate for the 30 year mortgage declined this week to 6.22%.
The explanation for this decrease is due to the recent reports showing a slowing US housing market. When economic indicators show a weekness in the economy, mortgage rates tend to decline.
Read the full story here:
http://money.cnn.com/2007/02/22/real_estate/mortgage_rates/index.htm
On a local basis,
The numbers of houses available for sale on the MLS in our Wesley Chapel market stayed pretty much the same this week.
MLS Listings in Lexington Oaks: 72
MLS Listings in Seven Oaks: 130
MLS Listings in Meadow Pointe: 259
Here is the graph to give you a representaion of the variation over the last few weeks:
Do not hesitate to contact me if you have any questions.
Mario
813-857-6918
Labels: housing market february 2007, Wesley Chapel
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