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Read our current Taos Real Estate Market Report with sales, price and inventory data, and prior year comparisons.
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Coronavirus has upended markets around the world. Its effect on the 30-year mortgage is especially significant. A recent post in the online version of the Wall Street Journal describes why rates have been falling–and why they may go even lower. Here is a link to the full article: https://www.wsj.com/articles/30-year-mortgage-rate-reaches-lowest-level-ever-2-98-11594908357?st=ogl913s9r5e6avf&reflink=article_email_share
June sales of sigle-family sales bounced back after a weak May. Market activity in this segment is brisk, and inventory remains very low. Condo and land sales continue to lag last year’s pace.
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(all data current as of 8/14/2020)
Listing information deemed reliable but not guaranteed. Read full disclaimer.