Tag Archives: housing market
Monday Morning Market Update for Rochester, MN
Good morning!
In national news, mortgage rates dropped again last week (through July 7). Interest rates hit the lowest they’ve been in more than 50 years, with a 30-year fixed-rate loan falling to 4.74% (down from 5.59% a year ago) … Read more >
Timing the Market: To Sell or Not to Sell in a Down Market
Every book I have read on trying to time the stock market says don’t. Most financial advisors recommend getting in and staying in with the proper asset allocation for your particular risk tolerance. When the market is up you’re in … Read more >
Rochester, MN Area Real Estate Market Conditions Update
Wow! Last month the Rochester area residential real estate market experienced its highest volume of homes going under contract in three years with 281 homes going to pending. While the Home Buyer Tax Credit deadline certainly played a role in … Read more >
The Value of Having Someone in Your Corner: Why You Want a Buyer’s Agent
Some buyers balk at working with a buyer’s agent because they are concerned it will cost them money. This is understandable since it is customary to sign an agreement with the buyer’s agent defining their compensation as a percentage of … Read more >
Monday Morning Market Update for Rochester, MN
Good morning!
Last week (May 3 to 10, 2010) there were 42 new listings and 41 listings that went off the market under contract, each representing a 1/3 drop from the same time period a year ago. The 32 homes … Read more >
Monday Morning Market Update for Rochester, MN
Good Morning!
Residential closings in Rochester last week, although down nearly 50% from a year ago, were double the volume of the previous week this year with 35 homes closing in the last week of April. The average sold price … Read more >
Monday Morning Market Update for Rochester, MN
Good morning!
There are currently 1300 residential homes for sale in Rochester, Minnesota with an average list price of $224,643 (median $172,000) and an average market time of 141 days. Last week (April 19-25, 2010) according to the MLS (Multiple … Read more >
Real Estate Market Update for Rochester, MN
There are currently 1230 active residential listings for sale in Rochester, Minnesota with an average list price of $221,399 (median $174,900) and an average market time of 144 days. Last week (March 22 to 28, 2010) the total number of … Read more >
Monday Morning Market Update for Rochester, MN
Good morning!
According to the MLS (Multiple Listing Service) there are 1199 residential properties for sale in Rochester, Minnesota with an average list price of $222,133 (median $172,900) and an average market time of 146 days.
Last week (March 15 … Read more >
Monday Morning Market Update for Rochester, MN
According to the Multiple Listing Service (MLS) there are currently 1167 homes for sale in Rochester, Minnesota with an average list price of $222,709 (median $172,900) and an average of 147 days on the market. The volume of homes for … Read more >
