Showing activity shows that buyers are still looking. Activity has been consistent since Labor Day… and this week is the highest in the last five years… a good sign it...Read More
Overall nationwide inventory increased by 23% in October, to a 4.3 months supply. In the Twin Cities metro area overall inventory also increased, but only by 4.0% to a 2.6...Read More
Noticeable change this week is an increase price reductions, resulting in more multiple offers. Another interesting change is an increase in listings back on the market… meaning the sale fell...Read More
Market stats continued to drop this week, but coming soon listings and multiple offers dropped more than other metrics. Even though there aren’t as many multiple offer situations, I had...Read More
Real estate market activity is tracking down… is it just seasonal, or does the Presidential election have anything to do with it? The only metric that didn’t fall this week...Read More
I was surprised when I read an article from realtor.com this morning that stated that this is the best week of the year to buy a home in three US...Read More
Market indicators are moving down in tandem… but don’t panic, this is typical for this time of year. The good news is that it is hanging above last year at...Read More
According to the National Association of Realtors, September national home sales fell to the lowest level since 2010. You can see in the chart below of Twin Cities closed sales...Read More
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