Real Estate News
Monday Morning Market Update for Rochester, MN
Last week (November 5 to 11, 2010) saw a large drop in signed contracts and closings in the Rochester area, most likely due in part to the holiday. There were 29 new listings, 15 homes under contract and just 9 … Read more >
Rochester MN Area Residential Housing Market Conditions Update – November 2010
New listings rose 15%in October with 129 homes coming onto the Rochester area housing market after hitting a low of 112 new listings in September, the lowest volume since last December. The 98 signed contracts in October represented a 5.8% … Read more >
Seasonal Staging – Setting Your House Apart at the Holidays
As we head through the holidays, home buyers, like everyone else, find themselves with less time and more obligations. The resulting slowdown in market activity means once again that the buyers have the upper hand. However, the time of year … Read more >
Monday Morning Market Update for Rochester, MN
The end of October and beginning of a new month brought more activity to the Rochester area residential housing market, with 30 new listings, 34 closings, and 32 homes going under contract. According to the Multiple Listing Service (MLS) the … Read more >
Monday Morning Market Update for Rochester, MN
The Rochester area residential housing market saw half as many new listings last week as the previous week, with the number of homes going off the market under contract outpacing new listings by just one property. According to the Multiple … Read more >
Monday Morning Market Update for Rochester, MN
New listings remained steady last week (October 15 to 21, 2010) in the Rochester area, with 37 new listings, comparable to a year earlier. There were 21 closings in Rochester, MN last week according to the Multiple Listing Service (MLS), … Read more >
Monday Morning Market Update for Rochester, MN
There was an uptick in the Rochester area residential housing market last week (October 8 to 14, 2010) with 32 homes going under contract, a third more than the previous week and just 9% fewer than a year ago.
According … Read more >
Monday Morning Market Update for Rochester, MN
Good morning!
The Rochester residential housing market continues along at its current adjusted level, down significantly from a year ago. Active listings were up 2% last week, total sold volume was down 10%.
According to the Multiple Listing Service (MLS) … Read more >
Record Low Interest Rates Can Mean Large Long Term Savings
Interest rates continue to hit lows not seen in 40 years. With interest rates just above 4%, the savings over the course of a 30 year fixed mortgage are remarkable. Combined with high levels of housing inventory for sale and … Read more >
Monthly Market Update for Rochester, MN
Although historically low interest rates haven’t been able to counteract the effect of the contracted economy, the positive news in the real estate market is that it continues to plug along. There were 104 signed contracts on Rochester area residential … Read more >
