Each Office is Independently Owned and Operated
The Platinum Group, Realtors® 6760 Corporate Drive Suite 300 Colorado Springs, CO 80919
Real Estate Market Report
Suzanne Holland
GRI, MCNE
October 2017
719.331.0192
Featured Listing 1618 Oak Hills Drive Offered at $519,500
Suzanne@SuzanneHolland.com
SuzanneHolland.com
Suzanne’s Listings d
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Strategy Corner Economic Growth Rises to More Healthy Levels The Bureau of Economic Analysis reported on Thursday, September 27th, 2017, that the final reading on second quarter Gross Domestic Product (GDP) grew to a more healthy level of 3.1 percent, up from the anemic 1.2 percent recorded in the first quarter. It was the best reading since the 3.2 percent in the first quarter of 2015. GDP was boosted by stronger business and consumer spending. Gross Domestic Product (GDP) is the monetary value of all the finished goods and services produced within a country’s borders in a specific time period. It is considered the broadest measure of economic activity.
NORTHWEST/HUNTERS POINT BEAUTIFULLY UPDATED HOME
Mortgage Rates Hold Flat
34 W. Monument Street Unit 404 Sold for $765,000
MCLEAN, VA — (Marketwired - September 28th, 2017) - Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the average 30-year fixed mortgage rate unchanged from the previous week. News Facts
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1805 Britton View
Sold for $259,000
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- 30-year fixed-rate mortgage (FRM) averaged 3.83 percent for the week ending September 28th, 2017, the same as last week. A year ago at this time, the 30-year FRM averaged 3.42 percent. - 15-year FRM this week averaged 3.13 percent, the same as last week. A year ago at this time, the 15-year FRM averaged 2.72 percent. - 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.20 percent this week, up from last week when it averaged 3.17 percent. A year ago at this time, the 5-year ARM averaged 2.81 percent. Quote Attributed to Sean Becketti, chief economist, Freddie Mac. “Rates held relatively flat this week. The 10-year Treasury yield fell just 1 basis point, while the 30-year mortgage rate remained unchanged at 3.83 percent.”
Doug Neefe, CML
4770 Ramblewood Drive Sold for $260,000
Office 719.632.0271 Fax 719.548.5178 Cell 719.240.2645 Toll Free 866.300.6193 dneefe@epeoples.com NMLS # 777165 Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858-847-8631 | © 2017
GRI, MCNE Prepared Especially for
Angela-Marie and Thomas Stevens