The media has made much to-do about the housing crisis but is it really a crisis at all? Yes real estate sales have been down slightly in the Rochester area for about the past 18 months but that is coming off the heels of almost 10 years of unprecedented growth. Prices in the Rochester area [...]
Rochester MN Real Estate Market Blogby Realtor Shawn Buryska of Coldwell Banker Burnet |
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Entries from July 2008
How Bad Is The Housing Crisis?
July 29th, 2008 · 4 Comments
Tags: Real Estate Articles
Rates Higher as Stocks Climb
July 19th, 2008 · No Comments
Last week, the stock market declined and mortgage rates fell, as investors worried about Fannie Mae and Freddie Mac and oil prices reached record highs. In a pivotal reversal, the opposite took place this week. With increased confidence in the financial sector and lower oil prices, the Dow gained over 400 points. As investors returned [...]
Tags: Interest Rate News
Market Conditions for Rochester Minn (June 30 to July 6, 2008)
July 8th, 2008 · 1 Comment
There were 35 new listings last week in Rochester, MN (avg list price of $221,047, median $159,900) and 19 listings coming back on the market (avg list price of $233,205, median $179,900, avg of 275 days on the market).
Last week (June 30 to July 6, 2008) 25 listings went under contract to pending with an [...]
Tags: Real Estate News
Rochester MN Residential Real Estate Mkt Conditions (6/23-6/29/08)
July 1st, 2008 · No Comments
July already!
There are currently 1096 homes for sale in Rochester, MN with an average list price of $240,352 and average market time of 151 days.
Last week (June 23 to 29, 2008) 34 homes sold (went under contract to pending) with an average list price of $168,572 and 116 days market time. There were 54 [...]
Featured Listing
5342 75th St SE
Rochester MN 55904
Listing at: $435000
2 Story
3 Bedroom
3 Bathrooms
View property
Recent Real Estate News
2008-11-11
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

