Locally: MBOR's MLS Stats
Property Type..Number..Avg.Price
Residential......1,418....$121,894
Multi-Family...........53......$97,773
Vacant Land..........53......$56,776
Commercial..........21....$137,430
TOTAL:.............1,545....$117,078
Business Confidence Nationally: Practitioners expect to see much better home sale conditions in the months ahead as buyer traffic strengthens. At the same time, a slight easing in seller traffic could help tighten inventories, shoring up prices. (Practitioner confidence was surveyed in January and looks ahead six months.)
Homes Sales Nationally: Final 2006 existing home sales are in and the year was the third-highest on record with 6.48 million sales. A 4.9 percent increase in December 2006 pending homes sales - a leading indicator - suggests 2007 is shaping up to be another solid year.
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