Real Estate News
Rochester Minnesota Monday Morning Market Real Estate Market Update
Another steady week in the Rochester Minnesota housing market last week (October 14 to 20, 2011) with 27 listings that went under contract and 24 new residential listings coming onto the market. Average asking price for the homes that went … Read more >
Real Estate Market Conditions for Rochester, Minnesota
Another solid week for the Rochester, Minnesota area real estate market last week (September 23 to 29, 2011) with 22 listings that went under contract and 38 new residential listings. Average asking price for the homes that went under … Read more >
Real Estate Market Conditions for Rochester Minnesota – Monday Morning Market Update
It’s officially fall and the Rochester Minnesota area real estate market just keeps moving along at a fairly steady pace. Last week (September 16 to 22, 2011) had 28 listings that went under contract and 32 new residential listings. … Read more >
Rochester Minnesota Housing Market Conditions – Monday Morning Market Update
Following a short lull for Labor Day, the Rochester area real estate market was back to its recent pace last week (September 9 to 15, 2011) with 31 homes going under contract, just shy of the 36 new listings that … Read more >
Rochester Minnesota Housing Market Conditions – Monday Morning Market Update
The Rochester area real estate market slowed down a lot last week, presumably as home buyers took a break for Labor Day weekend. Just 15 homes went under contract with only 8 closings in Rochester, Minnesota last week (September 2-8, … Read more >
Rochester Minnesota Housing Market Conditions – Monday Morning Market Update
There were 24% fewer active residential listings last week in Rochester, Minnesota compared to the same time period a year ago as seller activity remains lower. Homes that went under contract last week, as well as those that closed, had … Read more >
Looking for a Silver Lining – Mortgage Interest Rates Continue to Drop
Last week was a tough one in the financial markets following the debt rating downgrades. Nevertheless, the resulting decline in mortgage rates could mean significant savings for home buyers. The interest rate on a 30-year mortgage fell to 4.32% last … Read more >
Residential Real Estate Market Update for Rochester, Minnesota – August 2011
Compared to last year’s flurry of buyer activity and sharp drop-off following the end of the tax credit, Rochester, Minnesota home buyers have been more consistent with home sales achieving a more typical pattern. The number of Rochester, Minnesota homes … Read more >
Rochester, Minnesota Housing Market Conditions – Monday Morning Market Update
For a while now we’ve been seeing consistent buyer activity, with signed contracts continuing at a fairly steady level. There were 31 homes that went under contract in Rochester, Minnesotalast week (August 5 to 11, 2011). Average asking price for … Read more >
Rochester, Minnesota Residential Housing Market – Monday Morning Market Update
Signed contracts, new listings, and home closings were all up last week compared to the same time last year as the market continued along as it has for several weeks now. There were another 28 signed contracts on residential properties … Read more >