Twin Cities Weekly Market Activity... by Twin Cities Homes for Sale - 02/24/10 08:18 AM
Twin Cities Weekly Market Activity... by Twin Cities Homes for Sale
 
 
Twin Cities Weekly Market Activity
As of February 22, 2010
 
 
                                                2010                2009                % Change
New Listings                             1,764               1,682          +4.9%
Active Listings                         22,271             25,432          -12.4%
Pending Sales                              711                   73            -2.7%
Days on Market until Sale              135                 146            -7.8%
Percent of Original Price
            Received at Sale         92.8%              89.5%            +3.7%
Supply-Demand Ratio
            (# homes /buyer)        6.99                 7.64               -8.5%
Months Supply of Inventory       5.50                 7.70             -28.6%
 
Twin Cities buyers are coming out … (5 comments)

Good Faith Estimates Explained - FHA Loan Good Faith Estimates - Understanding the whole process - Part 1 of 2 - 02/22/10 12:50 PM
Buyers, this one is for you!  No matter who you are working with on your financing, certain laws and rules apply.  Here's what you must know.
 
Via Jeff Belonger -- The FHA Expert.com -- FHA Loans -- FHA mortgages - USDA loans (Infinity Home Mortgage Company, Inc):
Good Faith Estimates Explained
 

 
2010 Good Faith Estimates - Is the new form better?  If so, for whom? Can it be more confusing? What is different from the new Good Faith Estimate than the old Good Faith Estimate?  I will be talking about some of the pros and cons in this … (4 comments)

Twin Cities Real Estate Market Update: "The Skinny" for February 2010 - 02/22/10 11:22 AM
 
 
Twin Cities Real Estate Market Update: "The Skinny" for February 2010
 
Twin Cities home sales slowed slightly in January, but they are back up in February thanks to several factors: Federal Tax credit that’s been extended and expanded, low interest rates, and traditional spring market.  Realtors® throughout the area are reporting an increased open house activity.
Watch this month's update from the Minneapolis Area Association of Realtors®.
 
 
 

 
 
 
If you are relocating to the Twin Cities, contact me for a FREE comprehensive
RELOCATION PACKET.
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Contact Marzena M. Melby, GRI, CDPE, … (2 comments)

Twin Cities Weekly Market Activity... by Twin Cities Homes for Sale - 02/22/10 10:45 AM
Twin Cities Weekly Market Activity
As of February 15, 2010
 
 
                                                2010                2009                % Change
New Listings                             1,848               1,780              +3.8%
Active Listings                         21,795             25,537              -14.7%
Pending Sales                              780                 745               +4.7
Days on Market until Sale              135                 146                -7.8%
Percent of Original Price
            Received at Sale                92.8%             89.5%         +3.7%
Supply-Demand Ratio
            (# homes /buyer)              6.99               7.64               -8.5%
Months Supply of Inventory            5.50                7.70              -28.6%
        
 
Market … (0 comments)

Mortgage Interest Rates **May** Hike Up in 2nd Quarter 2010 - 02/11/10 07:50 AM
Whether the interest rates go up in the next 60,90, or 180 days, we don't know.  It is certain, however, they WILL GO UP. So, if you are considering a purchase, the time to do it isa NOW.
Via Loreena Yeo - Broker|Realtor(R) of Frisco TX Homes (214) 783-2210 (3:16 team REALTY):
For a long time, interest rates have been at its historical low. Interest rates as low as 4% for 15-year notes and lower than 4.5% for 30-year notes. It had made it a terrific environment for home buyers who are benefitting from low and attractive home sale prices, the low … (3 comments)