Tag Archives: real estate market conditions
Monday Morning Market Update for Rochester, MN
Happy President’s Day!
We are moving right along into the spring selling market, regardless of what the weather is like outside. There were 29 signed contracts on residential properties in Rochester, Minnesota last week (February 11 to 17, 2011), up … Read more >
Rochester, MN Market Update – January 2011
Rochester, Minnesota area residential real estate activity continued to taper off slightly in December in the typical annual pattern expected around the holidays. On a positive note, although new listings (89) were down 14% from a year ago, signed contracts … Read more >
Monday Morning Market Update for Rochester, MN
The Rochester area housing market started off the New Year on a good note, with half again as many signed contracts in the first week of 2011 as in the last week of 2010. Although there were half as many … Read more >
How the Velocity of Money Impacts Home Loan Rates
Here’s a great article from Serena Powers:
What is the Velocity of Money
and How Does it Impact Home Loan Rates?
By Serena Powers, Licensed Mortgage Loan Originator 47766
PHH Home Loans
If you’ve been watching the economic news, you’ve … Read more >
Monday Morning Market Update for Rochester, MN
The Rochester, MN area real estate market continued along at a seasonal pace with 19 signed contracts last week and 10 closings, compared to a year ago when there were 16 signed contracts and 12 closings. New listings (23) were … Read more >
Monday Morning Market Update for Rochester, MN
Rochester area housing market activity picked up in the week after Thanksgiving (November 26 to December 2, 2010) wtih 34 new listings and 31 closings. Pending listings stayed steady from a week earlier with 16 signed contracts.
Average list price … Read more >
Monday Morning Market Update for Rochester, MN
Last week (November 12 to 18, 2010) the Rochester area housing market saw an uptick in activity over the previous week with 21 closings, 23 signed contracts, and 28 new listings. New listings were up 75% over last year and … 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 >
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 >
