Category Archives: tax credits

8 Predictions for 2010 Twin Cities Housing Market – August Update

Below you will find my predictions from a January 7, 2010 blog post and my comments on each of those predictions as of August 24, 2010:Foreclosures will continue to come on the market and many will be scooped up quickly with multiple offers. Correct!  This has been the case so ...

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Twin Cities Sudden Buyer’s Market

In just a few short months we've seen the number of houses available for sale per buyer (8.64) climb to levels we have not seen since late 2008 and up a whopping 63% from August last year!

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The Post Tax Credit Property Purchasing Plummet

Have we found the "New Normal" in Twin Cities real estate activity?  I have to image we have.  For more than 3 months we've seen showing activity down 35% - 40% from the year prior:Twin Cities Pending ...

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Twin Cities Pending Home Sales Continue Drop

Last week I discussed the precipitous drop in Twin Cities Pending Home Sales activity.  Today MAAR released another week's activity report and the extended drop in buyer activity continues.While we had a few more ...

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Twin Cities Home Sales Have Best Week Since 2005

Today the Minneapolis Area Association of REALTORS released their weekly update of housing statistics for the Twin Cities and showed that for the week ending 4/24/2010, there were 1184 properties in the 13 county region that went to "Pending" status, meaning an offer has been accepted by the seller and the property is no longer ...

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