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Each month AR runs numerous contests as a way for our members to engage in activities
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These state pages or hyper-local pages provide content directly related to a specific geographical location.
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Weekly Market Report for Minneapolis Real Estate - 09/27/10 06:29 PM
Weekly Market Activity Report As the waters of several Minnesota rivers swell, so too does the inventory of Twin Cities residential homes on the market. For the 17th consecutive week, the number of active listings for sale was greater than the same week in the year prior. For the week ending September 18, the 27,408 homes on the market made for a 9.5 percent increase over last year at this time. Sellers are off the hook; it isn't listing activity that's causing this-instead, it's the slowed purchase activity. The 596 purchase agreements were 42.9 percent slimmer than last year's 1,043 contracts (0 comments)
Weekly Market Report for Minneapolis Real Estate - 09/20/10 07:06 PM
Weekly Market Activity Report Since data for the Weekly Market Activity Report is pulled a week after it actually occurs, this week's data includes the Labor Day week. Taking the usual holiday dip, pending sales dropped to 519 purchase agreements signed for the week ending September 11. The 38.2 percent year-over-year decrease rests along the trend line we've seen develop since the end of the tax credit. Housing affordability remains strong at 205, up 5.1 percent over last year at this time. This garners some hope that there will be more home buyers looking to take advantage of an incredibly favorable (0 comments)
Weekly Market Report for Minneapolis Real Estate - 09/14/10 10:59 AM
Weekly Market Activity Report As autumn presses upon us, the Twin Cities residential real estate market's paralysis continues. For the week ending September 4, New Listings were down 12.8 percent compared to last year at this time, but there were still more properties coming on to the market than the week before at a time when the school year normally slows seller activity. Pending Sales had a less severe year-over-year decline than the previous four weeks but remain 35.9 percent behind where we were at this time in 2009. This has been the case all summer long. Active Listings for Sale (0 comments)
Weekly Market Report for Minneapolis Real Estate - 09/07/10 08:26 PM
Weekly Market Activity Report Even with temperatures cooling, the Twin Cities housing market remained in its summer swelter of a holding pattern for the week ending August 28. Signed purchase agreements topped off at 636, continuing a sub-700 trend that has gone on for 15 weeks in a row. Prior to that, we had 15 weeks in a row of 700 or more pending sales per week. Think about that for a minute. There were more pending sales in the metro during the first full week of February than in the last full week of August. And last year at this (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.