According to 3rd quarter Zillow market reports released this month, Minneapolis-St. Paul home values were down 28.2% from their 2006 peak… and 36.8% of home mortgage holders have negative equity in their...Read More
If you are searching for a home to buy there is a good possibility you have come across some short sale listings. They currently make up nearly 21% of homes available for...Read More
As home sales continue their slump the supply of home for sale continues to grow when measured by months supply of inventory. Sales plummeted after the end of the federal homebuyer...Read More
Both Fannie Mae and Freddie Mac reported that the percentage of deliquent mortgages they hold continues to fall, as it has almost every month this year. Fannie Mae has reported...Read More
From what I hear from people I meet everyone is aware that today's real estate market has slowed to a trickle since the end of the federal tax credits. In...Read More
The Housing Affordability Index jumped to 220 this month, the highest level since tracking started in 2001 and more than 80% above its low point in mid 2006. That means that...Read More
After three months of decline, pending sales inched up again in August. Slashing prices on properties for sale has been in the news a lot lately, and perhaps that has...Read More
It's hard to escape all the bad news about the real estate market… it seems like nearly everyone I encounter asks me about it. News this week talked about sellers...Read More
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