Real Estate News
Rochester Minnesota Residential Real Estate Market Conditions – Monday Morning Market Update (07/23/2012)
There were almost as many signed contracts as new listings last week in the Rochester Minnesota residential real estate market, keeping the available inventory of homes way below last year’s volume. There are currently 758 residential properties for sale in … Read more >
Rochester Minnesota Residential Real Estate Market Conditions – Monday Morning Market Update (07/16/2012)
The Rochester Minnesota area residential real estate market is continuing to steam along through the summer with 48 new residential listings and 26 homes going under contract to pending last week. The new listings had an average asking price of … Read more >
Rochester Minnesota Residential Real Estate Market Conditions – Monday Morning Market Update (07/09/2012)
The Rochester Minnesota area housing market had an impressive first half, with the highest level of signed contracts on residential properties since 2008. Showings of residential properties in the Rochester, Minnesota area were up 20% for the first half of … Read more >
Rochester Minnesota Residential Real Estate Market Conditions – Monday Morning Market Update (06/25/2012)
Signed contracts outpaced new listings last week in the Rochester Minnesota area residential real estate market. There were 41 new residential listings with an average asking price of $162,142. The 43 homes going under contract to pending averaged 111 days … Read more >
Rochester Minnesota Residential Real Estate Market Conditions – Monday Morning Market Update (06/18/2012)
The Rochester Minnesota residential real estate market had another good week last week. The average asking price for new listings was down week over week, with comparatively higher priced homes going under contract.
Last week’s 44 new residential listings had … Read more >
Rochester Minnesota Residential Real Estate Market Conditions – Monday Morning Market Update (06/11/2012)
The first week of June saw another solid showing in the Rochester, Minnesota area real estate market with 49 new residential listings new listings and 35 homes going under contract to pending.
Last week’s new listings had an average … Read more >
Rochester Minnesota Residential Real Estate Market Conditions – Monday Morning Market Update (6/4/2012)
The Rochester, Minnesota housing market plugged right along last week straight on through the Memorial Day holiday weekend. Closings were up, undoubtedly due in part to the end of the month. New residential listings outpaced homes going under contract to … Read more >
Lower Interest Rates Spur Interest in Refinancing; HARP May Help
It didn’t seem possible, but mortgage interest rates have been hitting record lows again in the past few weeks. Experts credit these lower interest rates, combined with the Home Affordable Refinance Program (HARP), with spurring on another wave of refinancing … Read more >
Rochester Minnesota Housing Market Monthly Update – May 2012
The Rochester, Minnesota real estate market had a good start to the year with one of the most active spring markets we’ve seen in a while. Year to date, signed contracts and closings are both up compared to last year … Read more >
Rochester Minnesota Residential Real Estate Market Conditions – Monday Morning Market Update
This week’s residential housing market update for Rochester, Minnesota looks a lot like last week’s, with 60 new listings and 36 signed contracts. Most notably, despite hovering around the same levels as the past few weeks, mortgage rates have continued … Read more >