Market Updates

By
Real Estate Broker/Owner with Vexillum Realty - Eagan, St. Paul, Minneapolis and suburbs 40370058

Many home owners keep their finger on the pulse of the market by knowing what's for sale near them.
Receiving market updates by email
is a great way to get up to date information about their specific twin cities area. It's a great tool for those who are not sure when to sell, but would like to know exactly what the market conditions are like near their home. It is also useful to anyone who would like to move into a specific area of the twin cities, but aren't sure when.

 

Statistics

Get the recent statistics right now from Edina Realty here. Click on "Market Update" to see twin cities area market statistics including average days on market and absorption rate.

As of January 2nd. "The Twin Cities and surrounding areas are expected to continue their post-boom correction in 2008. With some of the correction already behind us, many experts in the industry feel that we are beginning to work our way back to a more balanced market.  New construction is showing positive signs for a recovery as inventory levels come down with units priced to sell and fewer permits issued in 2007.  And, we expect to see a more normal increase in property listings and look forward to more activity at open houses.  Overall, we anticipate some pent up demand among buyers resulting in increased activity in the first quarter." -- from EdinaRealty.com

Posted by

--
 
Mark
 
 
Mark R. Westpfahl  
e-PRO
® (CNE) ®
REALTOR®
Real Estate Broker
VEXILLUM REALTY
651.208.9848



If you're planning to sell in the coming months, then request your homeseller checklist, or your free book

 

 

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Rainer
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Tiffany Norton
TiffanyNorton.com - Saint Paul, MN
TiffanyNorton
I like your cool banner...how's tricks?
Jan 27, 2008 05:17 AM #1
Rainer
11,083
Tiffany Norton
TiffanyNorton.com - Saint Paul, MN
TiffanyNorton
I like your cool banner...how's tricks?
Jan 27, 2008 05:17 AM #2
Anonymous
Mark

You like the banner? It began as a picture of my sign rider. Thanks to photoshop elements and a lot of advice from acive rainers about how to use elements, I wound up with that.

How's tricks? There's no shortage of buyers lately. Getting them all pre-approved is a little more work. I have one first time buying family able to go zero down right now.
And my buyers who are also sellers...they're all waiting for someone other than me or Lawrence Yun to give them the green light to SELL.

What's the lates at MN Pro? Coaching & continuing ed?

Jan 27, 2008 09:02 AM #3
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Rainmaker
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Mark R. Westpfahl REALTOR Broker

e-PRO® CNE® REALTOR® Minnesota Real Estate Broker
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