Author Archives: Admin
Rochester, Minnesota Residential Housing Market – Monday Morning Market Update
Promising signs last week in the Rochester, Minnesota residential real estate market. Despite the number of homes sold last week (June 17-23, 2011) being down 18% from a year ago, the dollar volume was only down 1%, with the volume … Read more >
Rochester, Minnesota Housing Market Conditions – Monday Morning Market Update
The steady stream of Rochester, Minnesota home sales continued last week (June 10-16, 2011)with 31 homes that went under contract, 15% more than the same time period a year ago. According to the Multiple Listing Service (MLS) the average … Read more >
Rochester, Minnesota Real Estate Housing Market – Monday Morning Update
Rochester, Minnesota home sales keep moving right along. Last week (June 3 to 9, 2011), there were again 34 homes that went under contract, nearly half again as many as the same time period a year ago. According to … Read more >
Monday Morning Market Update for Rochester, MN
We continued to see steady home sales in Rochester, Minnesota through the last week of May, 2011. There were 191 homes that went under contract, an increase of 46% over last May when the number of home sales plummeted following … Read more >
News from the National Association of REALTORS Mid-Year Conference
Last week I had the privilege of attending the National Association of REALTORS Mid-Year Conference in Washington, D.C. There are several reforms proposed by regulators that would negatively impact homeowners and sellers.
The Mortgage Interest Deduction (MID) is of concern … Read more >
Monday Morning Market Update for Rochester, Mn
The Rochester, Minnesota spring market is plugging right along. Signed contracts in Rochester last week were down from the previous week, but were 11% more than the same time period a year ago. The 40 residential properties that went under … Read more >
7 Reasons Homesellers Should Pay for a Pre-Inspection
Traditionally, home buyers pay for an inspection once a purchase agreement has been reached, and then any deficiencies are negotiated, where appropriate. There are several reasons why it’s in the seller’s best interest to pay for a professional home inspection … Read more >
Monthly Market Update for Rochester Minnesota
The Rochester, Minnesota residential housing market had its highest volume of signed contracts in March and April since a year ago. The 187 contracts in April were a third fewer than last April when home buyers were rushing to take … Read more >
Monday Morning Market Update for Rochester, MN
Homes continued to sell well in Rochester, Minnesota with last week’s activity down just slightly from a year ago when we saw the end of the Home Buyer Tax Credit. Last week (April 29, 2011 to May 5, 2011) there … Read more >
Monday Morning Market Update for Rochester, MN
Another strong week in the Rochester, Minnesota housing market with 51 signed contracts. There were 46 new listings and 22 closings last week (April 15 to 21, 2011).
The 51 homes that went under contract last week had an average … Read more >