September 2020 Strong buyer activity has continued into the fall, which is normally the start of the seasonal slowing of the housing market. With stronger buyer activity in the market this year and the continued constrained supply of homes for sale, speedy sales and multiple offers are likely to remain a common occurrence and will […]
Monthly Market Stats For October
October 2020 October continued to be busier than the calendar normally suggests. Buyer activity remains higher than normal for this time of year, while in many segments of the market housing supply remains much lower than one year ago. Multiple offers remain a common occurrence in many areas, keeping housing hot while the temperatures continue […]
Monthly Market Stats For August
According to new data from the Minneapolis Area REALTORS® and the Saint Paul Area Association of REALTORS®, buyer and seller activity in the 16-county Twin Cities metro both increased from 2019. After a 12.0 percent gain in July, the number of signed purchase agreements rose 19.7 percent in August, compared to last year. At 7,181 pending […]
Monthly Market Stats For June
According to new data from the Minneapolis Area REALTORS® and the Saint Paul Area Association of REALTORS®, market activity in the 16-county Twin Cities metro continued to recover from the April and May declines. After double-digit declines in April and May, the number of purchase contracts signed in June increased 6.2 percent from last year. That […]
Monthly Market Stats For May
While the effects of covid-19 in the broader economy continue. Real Estate activity is recovering across much of the country. According to Freddie Mac Mortgage rates have been below 3.3% for more than 4 weeks and are hovering near all-time lows. Spurring strong interest in buyers and lifting showing activity up 21% nationally. Methodology: The […]