Twin Cities home buyer activity is still substantially lagging last year at this time. For the last 5 consecutive months we've seen home showing activity down approximately 40% versus the same time last year. Twin Cities Showing Activity How well do showing appointments correlate with sales? Very, very, very well. Since showings happen before offers (usually!), they provide us a little bit of a leading indicator into future sales activity. Pending homes sales have been down about 40% each week since … [Read more...]