As expected at the beginning of this holiday weekend, new listings dropped, coming close to the number of pending listings, and coming soon listings increased. Price drops continued to increase,...Read More
New listings took a jump this week to the highest level since September 2021. With interest rates rising and Memorial Day holiday coming next week I expect sellers are anxious...Read More
The real estate market update for April 2022 shows the impact of rising interest rates in the supply of homes for sale by price range. The only price range that...Read More
Price reductions continue their strong ascent as new and pending listings soften. You can see this trend also reflected in the number of showings. A slow down at this time...Read More
Good news for Twin Cities buyers… this past week had the highest number of new listings since the beginning of October last year. Number of price drops continued to rise...Read More
NorthstarMLS started posting price changes broken out into price decreases and price increases earlier this year. At first their numbers were fairly unremarkable… but in April they have started to...Read More
Last week’s coming soon listings became this week’s new listings as new listings jumped up again this week following the spring holidays. Pending sales will likely pop up again next...Read More
The real estate market continues to have high demand, but it is starting to show signs of softening. Pending and closed sales in March 2021 were ahead of March 2020, but...Read More
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