Yesterday Leslie talked about how the Fed dropped interest rates 0.5%… twice the normal drop… in response to the Coronavirus. Mortgage interest rates are at or near all-time lows… great...Read More
When you look at January median sales prices year over year it looks like a steady climb. January 2020 median sales price of $270,000 was 4.2% over January 2019. But...Read More
The 2019 Twin Cities housing market was again marked by low inventory, bidding wars and rising prices. Although prices have been rising steadily since 2011, the increase has slowed the...Read More
Last December I reported a new trend of increasing inventory. As you can see in the chart above, it was short lived and this December the number of homes for...Read More
We’re currently in the longest economic recovery in U.S. history. That has caused some to ask experts to project when the next economic slowdown (recession) could occur. Two years ago,...Read More
from my blog at Keeping Current Matters Which month do you think most people who are considering buying a home actually start their search? If you’re like most of us,...Read More
from my blog at Keeping Current Matters This will be an interesting year for residential real estate. With a presidential election taking place this fall and talk of a possible...Read More
Last year at this time I was reporting that in November inventory rose for the first time in 2018. After a positive stretch of growing inventory for the first seven...Read More
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