weekly market report for minneapolis real estate: Weekly Market Report for Minneapolis Real Estate - 01/25/10 09:34 AM
Weekly Market Activity Report
Activity continues to pick up in the Twin Cities housing market as sellers and buyers bid a sad farewell to the Vikings' football season and the dormant holiday market begins to thaw. New listings, sales and inventory are steadily increasing as we prepare for the spring selling season.For the week ending January 16 there were 571 signed purchase agreements, up 4.0 percent from a year ago. That's only the second week of year-over-year increase in the last nine. New listings were 8.3 percent higher than a year ago at 1,668, and the total inventory of homes available … (0 comments)

weekly market report for minneapolis real estate: Weekly Market Report for Minneapolis Real Estate - 01/20/10 06:21 AM
Weekly Market Activity Report
The first full week of reporting for the 2010 Twin Cities housing market is in and while there are a few "green shoots," it's becoming apparent so far that the market won't see the same spectacular growth in sales it saw at the beginning of 2009.
There were 520 pending sales for the week ending January 9, down 1.7 percent from the same week in 2009. That's the seventh week of the last nine to see slightly fewer sales than the prior year, a time period that coincides closely with the initial expiration date of the first-time … (0 comments)

weekly market report for minneapolis real estate: Weekly Market Report for Minneapolis Real Estate - 01/11/10 08:42 AM
Weekly Market Activity Report
Housing activity for the week ending January 2, 2010 took a predictable surge upward following the holiday break. New listings rose to 688 for the week-down 37.3 percent from a year ago-while pending sales posted a number of 378-down 11.7 percent from a year ago. We will likely have to wait another week for all the holidays and frosty weather to get flushed from our year-over-year comparisons to get a full understanding of where our market is headed.
A few additional stats for the New Year:
Housing Affordability continues at historic levels: rising to 208 for January, … (0 comments)

weekly market report for minneapolis real estate: Weekly Market Report for Minneapolis Real Estate - 12/07/09 10:37 AM
Weekly Market Activity Report
The local housing market experienced the traditional Turkey Day drop off for the week ending November 28 as Twin Citizens focused more on turkey and stuffing than purchase agreements and closing dates.
Even taking into account the expected holiday drop, market activity in the last few weeks has slowed considerably from the breakneck pace we saw during the first 10 months of the year, likely due to the passing of the home buyer tax credit's initial deadline. There were 5.9 percent fewer pending sales compared to the same week in 2008. That's only the second week of … (0 comments)

weekly market report for minneapolis real estate: Weekly Market Report for Minneapolis Real Estate - 11/30/09 08:28 AM
Weekly Market Activity Report
When compared to the previous week's dive, pending sales held strong during a time of typical seasonal swoon.
For the week ending November 21, there were 604 purchase agreements, a 5.2 percent increase over the same week in 2008 and the first time in a month not to show a week-over-week plunge in sales activity.
Although sales are up over last year, they have slowed considerably from October's tax credit gold rush.
With the winter season before us, sales will likely continue their respite into 2010.
(0 comments)

weekly market report for minneapolis real estate: Weekly Market Report for Minneapolis Real Estate - 11/03/09 07:53 AM
Weekly Market Activity Report
Did you get all your screams out over the Halloween weekend? Well here's a scary thought to keep you in the Halloween spirit: we're running out of homes to sell in the lower price ranges.For the week ending October 24 there were 926 signed purchase agreements, up a monstrous (get it?) 53.8 percent from a year ago. Over the last three months, sales of homes under $250,000 are up 40.0 percent from the same period during 2008, while sales above that watermark have dipped by 0.3 percent. As a result, compared to a year ago the inventory … (0 comments)

 
Brad Anderson (Luke Team Real Estate)

Brad Anderson

Maple Grove, MN

More about me…

Luke Team Real Estate

Office: (763) 486-5338

Mobile: (763) 486-5338



Listings

Links

Archives

RSS 2.0 Feed for this blog