There has been a lot of speculation about the potential impact of coming 'shadow inventory' on the real estate market… that is, homes that are 90 days delinquent, in foreclosure, bank...Read More
If my current contact with buyers and sellers is any indication, I can feel a more 'normal' market beginning to emerge. It seems traditional buyers and sellers who have been...Read More
Median sale price went up again last month for the fourth month in a row for the first time in nearly six years… last time was June 2004. At 11% over...Read More
I find it exciting that not only are traditional sales up significantly compared to last year at this time, they are also up compared to two years ago! According to the most...Read More
While median sale price climbed for the third month in a row, its 7.1% increase over last year is overshadowed by the 27% increase in new listings. How much of...Read More
Twin Cities market statistics for February were released this week and for the second month in a row median sales price for the Twin Cities metro area showed a year-over-year...Read More
Median sale price in the Minneapolis-St. Paul 13-county metropolitan area dropped an average of 15.7% in 2009… but real estate is always local and there can be big differences from...Read More
In 2009, lender-mediated sales accounted for 43.0% of all Minneapolis-St. Paul metro area home sales. The percent of foreclosures improved throughout the year, however, and January continued the trend. Traditional pending sales were 28.0% higher...Read More
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