Lorem ipsum dolor sit amet, consectetur adipiscing elit. March Brings Surge of New Listings It’s April and the spring flowers are starting to shoot up, and so is the spring real estate market. The number of homes for sale is growing, but the number of buyers in the market seems to be growing even faster. Last month, many home sellers saw packed showing calendars, mobbed open houses and...
Twin Cities Housing Market Update July 2024 Inventory of Homes for Sale Grew in June Even as New Listings Dropped Off While the number of new homes listed for sale dropped in June, the start of the seasonal slowdown in real estate market offered Twin Cities home buyers more choices as the inventory of homes for sale grew.https://youtu.be/qxeWyzvblIAIt’s July and in Minnesota that means...
New Listings Up, Homes for Sale Up, Interest Rates Up Hot or Not? Twin Cities Market Simmers into Summer As temperatures start to climb, the Twin Cities real estate market is heating up to a summer simmer. Last month brought continued growth in the number of new homes listed for sale, alongside an increase in the overall number of homes for sale, and home prices remain pretty much steady.So, what...
Twin Cities Real Estate Market Update for May 2024 More Homes for Sale in April and Home Prices Edge Up It’s mid May already. This year is flying by. The lilacs are in bloom, and so is the housing market. The number of new home listings jumped up in April, home sales grew too, and prices continued to rise.https://youtu.be/HuDcGObwxLEThe number of new homes listed for sale in the 7-county Twin...
Hint: Buyers are Springing Up like daffodils What's Hot (and Not) in the Twin Cities Real Estate Market It’s spring in Minnesota and you know what that means? Home buyers and daffodils are coming up.Yep, the spring housing market starting to take off here in the Twin Cities. The number of new home listed for sale is growing, home sales are up, but not everything is flowering in our garden. This...
New Home Listing Up, Buyers turning out, the Spring Market is on Twin Cities Real Estate Market Update March 2024 New listings are the bright spot in this month’s update. We are finally seeing more homes coming on the market after the great drought of 2023. Will that trend continue?https://youtu.be/D660SOrq1qY New Homes Listed for Sale Jump 35% Year-Over-Year As I mentioned, new...
Twin Cities Real Estate Market Update December 2023 Interest rates Dropped in NovemberNew Listings were Up Year-Over-Year Twin Cities Real Estate Market Update for December 2023 Interest rates started dropping in November—finally—after peaking in October and new home listings in the Twin Cities metro were actually up last month compared to the previous November. That’s the first time...
Twin Cities Real Estate Market Update for September 2023 Home Prices Rise Again as Supply of Homes for Sale Remains Low Leaves are changing, temps are falling, will the Twin Cities real estate market climb out of it's summer slump? https://youtu.be/aZemaukrtrY As regular readers of this blog know, each month I crunch the data from the previous month’s home sales to identify real estate market trends...
July brought another month of Calm Stability for home Prices and Interest Rates Is the Rollercoaster Ride Over for the Twin Cities Housing Market? It’s August and you know what that means. It’s almost time for the Great Minnesota Get Together, the State Fair. Food on a stick, rides, music, and the best people watching you’ll get all year. If you’re looking for some excitement to end your summer,...
Home Prices are rising again, and inventory is falling Twin Cities Real Estate Market Update July 2023 New listings are down. Home prices are rising. And interest rates have climbed back above 7 percent. In my real estate market update for July, I look at how these trends are impacting homebuyers and home sellers in the Twin Cities. https://youtu.be/VLmcI7VndqQ It’s July already, and we’re more than...
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