TWIN CITIES AREAJune’s activity continued to lag as buyers appear to be taking a break after the tax credit hubbub. Those with closing delays will benefit from an extension of the tax credit closing deadline, allowing eligible taxpayers who contracted to buy a home before April 30 until ...
Housing News, Opinion, Statistics and Homes for Sale
Category Archives: Market Stats
Twin Cities: 1 in 6 Homes Purchased With Cash in 1st Half of 2010
Based on data from NorthstarMLS, I was able to put together the following chart that shows how home buyers in the first 1/2 of 2010 were financing their purchases. Fully 1 in every 6 buyers paid in cold hard cash, a huge increase from the 1 in 20 to 1 in 25 ratio more typical ...
40% Of Twin Cities Home Purchasers Used FHA In 1st Half 2010
The trend from 2009 continues: nearly 40% of all home buyers in the Twin Cities during the 1st half of 2010 used FHA Loan to finance their purchase. This is up from just 2% in 2007!Why are so many buyers using ...
Twin Cities Home Buyer Financing Over The Years
I took some time today to go over some NorthstarMLS data (the Twin Cities area MLS data service) to see how home buyer financing has changed over the last few years and put together a few pie charts that I thought you might enjoy. Click on each image for a bigger view:
How Much ‘Shadow Inventory’ Is There?
The National Association of REALTORS has put together a video discussing the amount and type of 'Shadow Inventory' nationally. The biggest problem with such figures is that they are still based off of sampling & definitions of what is or is not counted in the definition. Regardless of what the actual number is, the video ...
Aaron Dickinson
Edina Realty
1-800-941-0959
Licensed in MN
