Here is our weekly 3-2-1 on real estate 4.14.2022

1
. Utah has the best performing large city (Provo-Orem), and the best performing small city (Logan) across the country according
to the Milken Institute's Annual Best Performing Cities Index. The Milken Institute, a nonprofit, nonpartisan think tank puts 
together an annual index of the best performing cities.  The core components of the index that are taken into account are: job creation,
wage growth, output growth, broadband access, and housing affordability.  (Salt Lake City came in 3rd across Tier 1 Large Cities)

2. Freddie Mac said on Thursday that the average interest rate for a 30-year fixed-rate home loan went to 5%, up from 4.72% last week and the highest level since 2011.

3. Average Sales Price in the state of Utah was $633,968 which represents a 24.6% increase from the year prior according to the Utah Association of Realtors.