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Minneapolis Area Association of REALTORS Monthly Video Update

Take a look at some great commentary by MAAR.  The numbers are clearly showing a peak of inventory and a bottom for buyer demand, so we see "strength" in numbers that are no longer continuing to soften.  This market has a long way to go before we're back to "normal" but it all has to start with supply, demand, and affordability... all of which are looking better today than they did even a few months ago. … [Read more...]

May 2008 Twin Cities Market Stats

MAAR has released their new market stats for the month of May and I'm trying a new idea: I've added commentary to the report expressing what I believe are the important "take aways" from the data.  I would love to get feedback both on the concept and your thoughts of my opinion. Minneapolis/St. Paul Real Estate Market Stats for May 2008 with commentary. … [Read more...]

Here comes statistics in a video

Jeff Allen @ the Minneapolis Area Association of REALTORS,�my good pal after the months of working on the Lender Mediated Sales Report together, has started what looks to become a once-a-month summary video of the highlights from the MAAR reports.  Granted the info discussed is all the positive stuff, but hey, that's what a good marketing campaign is all about. … [Read more...]

Twin Cities Real Estate Affordability Hits 5 Year High

Housing Affordability Index - March 2008

The Minneapolis Area Association of REALTORS released their latest market update this week which shows a Housing Affordability Index number of 157... the highest affordability in 5 years and 14% higher than a year ago! Though interest rates did tick up some in the last month, median sales price took another dip which more than made up for the rate increase and lead us with a Median Sales Price below $200,000 for the first time since Spring 2005: … [Read more...]

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TwinCitiesRealEstateBlog.com is not a Multiple Listing Service MLS, nor does it offer MLS access.
This website is a service of Aaron Dickinson of Edina Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.