Tag Archive: housing market

Twin Cities Real Estate May Market Update

Here is the most recent housing market update video:

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4.5% Interest Rates Hurt Housing

In the last two weeks we've seen interest rates on 30 year fixed mortgages move from 4.5% to 5.5% (or higher) that's a big OUCH.  This full interest rate point swing has meant that ...

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Q&A: Is NOW the Right Time for Me to Buy a Home?

This is a very common question I get asked by prospective buyers given our current economic situation and the conflicting information they get from news, friends, family and coworkers. Below is a list of questions to ask yourself as a guide to help you decide if now is a good time to buy for you. 1. How ...

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Q4 Lender Mediated Report & City Level Data Released

Today I am pleased to announce the release of the Foreclosures and Short Sales in the Twin Cities Housing Market: Q4 2008 Update.  This is the 4th installment of quarterly reporting of lender mediated sales and their impact in the Greater Minneapolis/St. Paul area, which I co-author with the musically, intellectually, politically and statistically talented Jeff ...

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Profit & Loss: Twin Cities Real Estate Market

(graphic modified from Minneapolis Area Association of REALTORS report)Using a little cut-and-paste magic, I wanted to take a look at the impact of the housing market's shift over the last 4 years.  Comparing total sales volume (in Dollars) in 2008 vs. 2005 shows that we're ...

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