Weekly Housing Report Minnesota 5-29-2012 - 05/29/12 10:36 AM
Weekly Market Activity Report
For Week Ending May 19, 2012
Publish Date: May 29, 2012 • All comparisons are to 2011
The tempo in residential housing has remained upbeat through the first five months of 2012. Year-to-date figures begin to sing a compelling tune at this time of year, and the song thus far is that markets are moving back toward balance and home prices are beginning to reflect that stabilization. For the most recent week, buyer activity was higher than year-ago levels while listing activity registered lower. Keep an eye on months supply, seller concessions, market times and foreclosure rates. … (0 comments)

Weekly Housing Report Minnesota 5-21-2012 - 05/21/12 10:12 AM
Weekly Market Activity Report
For Week Ending May 12, 2012
Publish Date: May 21, 2012
All comparisons are to 2011
Houses are just things. Boxes waiting to be filled. In the hands of caring, nurturing
citizens, those simple boxes become homes that create memories and fortify
communities for generations. This May, more than 13,000 REALTORS® rallied at the Washington Monument to preserve the American Dream of homeownership. Some components of the dream are being threatened by budget pressures and
market realities. But homeownership is very much alive and well, as more than
three out of five residencies are owner-occupied in the … (0 comments)

Weekly Housing Report Minnesota 5-14-2012 - 05/14/12 10:01 AM
Weekly Market Activity Report
For Week Ending May 5, 2012
Publish Date: May 14, 2012
All comparisons are to 2011
If only there were a system of grand, colorful lights for tracking residential real estate. Green for rising market, yellow for a transitional market and red for declining market. Let's see if we can try to determine today's market without the
ease of well-known signals. Prices are bottoming and starting to rise. Buyer
activity is showing year-over-year gains. Homes are selling faster and closer to list
price. Multiple offers are becoming commonplace. Inventory levels are leaning
toward the seller. Green means … (0 comments)

Weekly Housing Report Minnesota 5-07-2012 - 05/07/12 10:30 AM
Weekly Market Activity Report
For Week Ending April 28, 2012
Publish Date: May 7, 2012
All comparisons are to 2011
Buyers don't live in a spreadsheet. When they find a home to love and cherish, they don't intellectualize it too much. There are generally fewer homes on the market, they're selling more quickly and prices in most areas are no longer in a
downtrend. Dwindling inventories means there's less competition and more
pricing power for sellers, who are finally starting to be rewarded by strong buyer
activity. Interest rates at 50-year lows doesn't hurt either. Love is in the air and … (0 comments)

 
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Brad Anderson

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Keller Williams

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