real estate: Oh what a beautiful day!!
- 04/06/08 01:23 AM
Yesterday was a great day! Spring is here in Owatonna, it was 60 degrees, the sun was shining and we saw the first Robin of the season! Our Irises are are breaking through the ground as well as a few of the other early perennials. It is so nice to walk outside without a coat on, as well as a hat, gloves, boots and thermal underwear. Our grandson was running around barefoot in the back yard and our granddaughter was in the hot tub after dinner last night. I LOVE SPRING! Oh, and to top it off, we had a floor call from … (11 comments)
real estate: Owatonna, MN Real Estate Market Condition Report April 4, 2008
- 04/06/08 01:08 AM
Interest Rates have remained stable and are at 5.625% for a 30 year fixed on Friday April 4th, 2008. Rates were fairly stable last week. Current real estate listing inventory - 202 active listings in Owatonna as of today. The active listing count has dropped again since last week. This is the lowest we have seen since January of 2007, we are hoping to continue to see this count countinue to drop. 175-180 listings would be ideal. The number of pending listings is steady at 35 homes. There have been 54 properties Closed so far in 2008. Nice little rise since last … (0 comments)
real estate: Owatonna, MN Real Estate Market Condition Report March 31, 2008
- 03/31/08 07:34 AM
Interest Rates have remained stable and are at 5.50% for a 30 year fixed on Monday March 31, 2008. Rates were fairly stable last week. Current real estate listing inventory - 208 active listings in Owatonna as of today. The active listing count has dropped slightly since last week. The number of pending listings is up 4 from from last week to 35 homes. There have been 49 properties Closed so far in 2008. Small jump since last week. Good news is that even though some listings closed last week, the pending listing count has continued to rise. The closed count … (0 comments)
real estate: Owatonna, MN Real Estate Market Condition Report March 24, 2008
- 03/24/08 02:59 PM
Interest Rates have remained stable and are at 5.75% for a 30 year fixed on Monday March 24, 2008. Rates were fairly stable last week. It is still a wait and see game with mortgage rates. Good news today, home sales up slighty in February. Is it possible we have reached bottom? Time will tell. Buyers remember, as the market begins to pick up momemtum, sellers will be less likely to negotiate home prices. Current real estate listing inventory - 210 active listings in Owatonna as of today. The active listing count has remained fairly stable since last week. The number of pending … (1 comments)
real estate: Owatonna, MN Real Estate Market Condition Report March 17, 2008
- 03/17/08 08:35 AM
Interest Rates have remained stable and are at 5.875% for a 30 year fixed on Monday March 17, 2008. Rates were fairly stable last week with very few increases & decreases. The FED cut the discount rate .25% overnight and is expected to cut rates tomorrow the 18th of March, we will have to wait and see what that will do to the mortgage market. The expected cut is .50% to .75% Current real estate listing inventory - 212 active listings in Owatonna as of today. The active listing count has dropped back down since the end of last week. The number … (0 comments)
real estate: Owatonna, MN Real Estate Market Condition Report March 10, 2008
- 03/10/08 06:14 AM
Interest Rates have stayed stable so far this week at 6.125% for a 30 year fixed on March 10, 2008. Rates were volatile last week with several decreases & increases. There are a large number of qualified buyers out there. They just are waiting to see what is going to happen. The FED is expected to cut rates on the 18th of March, we will have to wait and see what that will do to the mortgage market. Current real estate listing inventory - 212 active listings in Owatonna as of today. The active listing count has remained stable. We have … (2 comments)
real estate: Owatonna, MN Real Estate Market Condition Report March 7, 2008
- 03/07/08 08:07 AM
Interest Rates rose this week to 6.125% for a 30 year fixed on March 7, 2008. Rates have been volatile this week. There are a large number of qualified buyers out there. They just are waiting to see what is going to happen. The FED is expected to cut rates on the 18th of March, we will have to wait and see what that will do to the mortage market. Current real estate listing inventory - 212 active listings in Owatonna as of today. The active listing count has risen slightly. The fact that the active listing count has not climbed … (0 comments)
real estate: Owatonna, MN Real Estate Market Condition Report March 3, 2008
- 03/03/08 03:01 AM
Interest Rates fell last week to 5.50% for a 30 year fixed on February 29, 2008. But are up again the morning to 5.625%. Lenders, quite frankly are not helping the market right now. There are a large number of qualified buyers out there. There are several good signs about the real estate market here in Owatonna. Current real estate listing inventory - 209 active listings in Owatonna as of today. The active listing count has drpped slightly. The fact that the active listing count has not climbed is a good thing for home sellers. As we have posted in … (4 comments)
real estate: Owatonna, MN Real Estate Market Condition Report February 29, 2008
- 02/29/08 07:00 AM
Interest Rates fell this week to 5.75% for a 30 year fixed on February 22, 2008. Lenders, quite frankly are not helping the market right now. There are a large number of qualified buyers out there. We have heard through the grapevine that one major lender is going to be buying down the rate slightly on home purchase loans. That is very good news. There are several good signs about the real estate market here in Owatonna. Current real estate listing inventory - 212 active listings in Owatonna as of today. The active listing count has remained stable the last few weeks. … (0 comments)
real estate: 2 little words that can change your life (maybe)
- 02/29/08 02:42 AM
I dropped off my granddaughter at pre-school this morning (she'll be 4 in 3 weeks) and when I was leaving the building, the gentleman in front of me held the door open for me. As I passed him on the way out I looked at him and said "Thank You". The look on his face startled me at first and I asked him if something was wrong. He said "no, I just startled him that I actually said thank you". That has really made me think of where we are as a society and as a profession. Too many times we are … (4 comments)
real estate: February 25, 2008
- 02/25/08 05:45 AM
Interest Rates rose again today to 6.125% for a 30 year fixed on February 22, 2008. Lenders, quite frankly are not helping the market right now. There are a large number of qualified buyers out there. We have heard through the grapevine that one major lender is going to be buying down the rate slightly on purchases. That is very good news. Current listing inventory - 211 active listings in Owatonna as of today. The active listing count has remained stable the last few weeks and that is a good sign because we have seen the pending count climb. Open houses … (0 comments)
Yesterday was a great day! Spring is here in Owatonna, it was 60 degrees, the sun was shining and we saw the first Robin of the season! Our Irises are are breaking through the ground as well as a few of the other early perennials. ;)
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