According to the Freddie Mac survey, average mortgage rates decreased for the week ending Thursday, November 22, 2012. The average 30 year mortgage decreased from 3.34% to 3.31% and the average 15 year mortgage decreased from 2.65% to 2.63%.
Mortgage rates one year ago were 3.98% and 3.30% for the 30-year and 15-year fixed mortgages.
Snapshot of the Malden Real Estate Market
Source: MLS Property Information NetworkSingle Family Condos Multi Family # of Listings: 40 37 23 Avg. Liv. Area Sq Ft: 1,667.30 1,080.03 2,445.17 Avg. List$: $294,166 $214,000 $371,764 Avg. List$/Sq Ft: $191 $217 $157 Avg. Days on Market: 71.88 75.95 225.35
Paul Weston is Broker/Owner of Paul Weston Real Estate, a full service Real Estate Office serving Malden and the Greater Boston area.
Follow me on Twitter: @PH_Weston
Website, including contact information: www.liveinmalden.com