Real Estate News

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 >

Monday Morning Market Update for Rochester, MN

Spring is still blooming in the Rochester area housing market with 41 signed contracts last week (April 8 to 14, 2011) on residential properties, on par with a year ago when the Homebuyer Tax Credit incentive was coming to an … Read more >

Monday Morning Market Update for Rochester, MN

The Rochester area housing market fared favorably in the first quarter of 2011 compared to a year ago, especially in light of last year’s boost from the Homebuyer Tax Credit incentive.  In the first three months of the year, although … Read more >

Monday Morning Market Update for Rochester, MN

The Rochester area housing market finished March strong with 59 signed contracts last week (March 25 to 31, 2011), 18% more than the last week of March, 2010. New listings coming onto the market last week were down nearly 40% … Read more >

Monday Morning Market Update for Rochester, MN

Good morning! The Rochester area housing market saw continued strong activity last week (March 18 to 24, 2011) with 44 homes going under contract, only slightly outpaced by the 55 new listings.

According to the multiple listing service (MLS), there … Read more >