New real estate listings for August 2018 were 7.6% higher than the same month last year… the biggest percentage increase since April 2015! New listings showed an increase over last...Read More
For the first time on record, average sale prices in May 2018 were 2% higher than list price. That’s good news for sellers, and instructs buyers in how competitive the...Read More
As the seemingly endless drop in inventory continues it made me think of the never-ending snowstorm last weekend… it just kept falling, and falling, and falling. Months supply of inventory...Read More
According to the Minnesota Department of Revenue, “Each spring your county sends you a Notice of Valuation and Classification. Three factors that affect your tax bill are: The amount your...Read More
Many people think the Parade of Homes is just if you are in the market to build a new home; or to see the pretty decorations. Both of these are...Read More
The Twin Cities real estate market continues to be strengthened by job growth, low unemployment and interest rates that, although slowly increasing, are still historically favorable. Sales are hindered only...Read More
Housing supply is best measured when comparing the number of homes for sale to the number of sales, which is how we get months supply of inventory. This is the...Read More
Twin Cities median home sale prices have been steadily climbing since 2011, with the average year-over-year growth for the last 12 months at 5.9% for September 2017. Percent of list...Read More
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