Real Estate News

Monday Morning Market Update for Rochester, MN

The last week of September saw pending listings and closings remaining fairly steady from a week earlier with new listings up 33% over the previous week.  Nevertheless, closings were less than half as many for the same time last year; … Read more >

Dennis and Sue Thompson

We had given up a few times.  We didn’t cooperate with your recommendations, but you were very patient, not pushy, and very professional throughout the entire process.  Adam is AWESOME; we love our new house.… Read more >

Monday Morning Market Update for Rochester MN

Residential home closings in the Rochester area were up 72% last week (September 17 to 23, 2010) over a year ago with 31 homes that closed.  These homes had an average market time of 105 days.  The average sold price … Read more >

Lower Interest Rates Can Mean Large Long Term Savings

During the last several months we’ve seen record low interest rates.  With interest rates remaining below 5%, 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, Minnesota

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 108 signed contracts on Rochester area residential … Read more >

Monday Morning Market Update for Rochester, MN

Although the Rochester area real estate market continues along at a third lower than a year ago, the number of signed contracts last week (September 10 to 16, 2010) was up 62.5% over the previous week.  New listings also increased … Read more >

Monday Morning Market Update for Rochester, MN

Last week (September 3 to 9, 2010) was a holiday week and real estate activity in the Rochester area was about what would be expected with people taking some time off.   New listings in the Rochester area real estate market … Read more >

Morning Market Update for Rochester, MN

New listings in the Rochester area real estate market remained steady at a reduced level last week (August 27 to September 2) with just 27 listings coming on the market, down from 40 a year ago. Sales were down from … Read more >

Monday Morning Rochester Area Real Estate Market Update

The Rochester real estate market saw a significant reduction of new listings coming on the market with only 26 new listings verses 57 for the same week last year.  Sales were steady with 26 homes pended last week compared to … Read more >

Monday Morning Market Update for Rochester, MN

Good morning!

The Rochester area real estate market continued to plug along last week with total active listings up 10% over last year and everything else down between 30% and 40% from a year ago.  The 26 homes with signed … Read more >