Real Estate News
Local Real Estate Market Conditions for Rochester, MN (week of 11/3-11/9/08)
The stock of homes for sale in Rochester, Minnesota continued to drop last week. There are currently 905 residential properties actively for sale in Rochester, with an average list price of $227,140 (median $176,500) and an average of 164 days … Read more >
$7,500 Tax Credit Now Available to First Time Buyers!
The federal government recently passed a provision for first time home buyers who qualify, obtain an up to $7,500 tax credit against their federal income taxes. Eligible buyers must be first time home buyers and the credit qualifies for both … Read more >
Rochester, MN Real Estate Market Conditions (Oct 27-Nov 2, 2008)
There are currently 935 homes for sale in Rochester, Minnesota. The average list price for these properties is $227,359 (median $177,777). These properties have an average of 161 days on the market.
There were 986 homes for sale last week … Read more >
Are We At the Bottom of the Real Eststate Market Yet?
From a national standpoint we are starting to see inventory levels stabilize and in some parts of the country actually go down in other parts. In the meantime existing homes sales nationally rose 1.4% in September and inventory fell by … Read more >
Are property taxes falling with house prices in Rochester MN?
Recently I’d been asked about whether home values would be re-assessed due to the falling housing market we’ve seen recently. Bob Nowicki, 5th Ward City Councilman was kind enough to do some research on this subject.
He wrote: “This is … Read more >
Understanding the Current Financial Crisis
Most of the consumers you talk with will not have a good handle – I am not sure anyone does yet – of the nature of the credit problem. In this short article, I hope to give you at least … Read more >
Rochester MN Real Estate Market Conditions (September 15-22, 2008)
There are currently 1022 residential properties for sale in Rochester, Minnesota with an average list price of $240,816 (median $182,000) and an average of 164 days on the market.
Last week (September 15 to 22, 2008) there were 19 homes … Read more >
Rochester MN Real Estate Market Conditions (9/8/08-9/14/08)
There are currently 1024 residential properties for sale in Rochester, Minnesota with an average list price of $243,065 (median $184,900) and an average of 162 days on the market.
Last week (September 8 to 14, 2008) there were 29 homes … Read more >
Real Estate Market Conditions for Rochester, MN (Sept 1 to 7, 2008)
There are currently 1016 residential properties for sale in Rochester, Minnesota with an average list price of $244,764 (median $184,900) and an average of 166 days on the market.
Last week (September 1 to 7, 2008) there were 21 homes … Read more >
Rochester MN Residential Real Estate Market (Aug 11-17, 2008)
There were 33 homes that went under contract (sold) last week (August 11-17, 2008) in Rochester, Minnesota. The average list price for these homes was $202,257 (median $140,900); average market time to pending was 131 days. Last week there were … Read more >
