The recent buzz in the real estate world is that the market is picking up, supported by March market data released this week. Many homeowners also recently received updated tax estimated...Read More
If you look at housing prices it's easy to think the market is still in decline, but prices tend to be a lagging indicator. Think of the typical months it takes from...Read More
With pending sales up 34.2% and new listings up only 1.1%, the number of homes for sale in the 13-county Twin Cities metropolitan area fell to 16,689 units in February…...Read More
A condo summit seminar I attended this week echoed the feeling I have had that the condo market is improving. As you can see from the chart below of the 13-county...Read More
The months supply of inventory in December showed a seller's market for the first time since 2004… and January is a repeat with a 4.6 month supply. Pending sales, which predict future...Read More
If this week is any indication, this is going to be a busy spring! Spring market traditionally starts after the Super Bowl, but our market is very weather dependent. With...Read More
The number of new listings entering the market last year was the lowest it has been since the turn of the century… down from a peak of 108,033 in 2006...Read More
As Twin Cities rents go up in in response to high demand and the lowest vacancy rates in 10 years some renters are starting to wonder if it finally makes...Read More
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