New St. George Utah Real Estate Listings
St. George, Utah – it’s Friday, October 24, 2014 and there are 36 new listings on the St. George Utah MLS hot sheet. Of the 36 new real estate listings, three are between $405,000 – $1,070,000, and 19 from $395,000 to $149,900. Leaving the remaining 12 new listings under $119,900 on today’s MLS Hot Sheet list.
Aside from the 36 new listings on today’s Hot Sheet, we see 16 properties that successfully closed escrow in southern Utah during the last 24 hours. Thanks to patients, skillful negotiations, and tenacity … six properties closed escrow (COE) between $300,000 and $510,000. Additionally, nine properties between $291,000 and $25,000 had a successful COE.
Keeping the St. George pipeline primed with tomorrow’s closings, Southern Utah’s Realtors were out in force over the last 24 hours, putting these 11 properties under contract. When drilling down on this data, we see two properties put under a new REPC (real estate purchase contract) between $1,100,000 and $1,350,000, five listings between $170,000 and $237,000 and an additional four listings between $52,500 and $145,000.
Today’s Real Estate News in Summary: despite fears the contrary, America’s thirty-year mortgage rates continued to slide this week, cultivating hopes amongst some industry analysts that U.S. consumers might soon spark a refinancing frenzy on their existing home mortgages. Falling 5/10 of a percent in the past week alone, the 30-year mortgage rate fell to 3.92% over the last five days – historically significant!