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 1.6% during the same time. Here in Rochester, Minnesota the MLS has reported real estate sales [...]
Rochester MN Real Estate Market Blogby Realtor Shawn Buryska of Coldwell Banker Burnet |
Rochester MN Real Estate Market Blog « home |
Entries from October 2008
Are We At the Bottom of the Real Eststate Market Yet?
October 30th, 2008 · No Comments
Tags: Real Estate News · Rochester MN Homes for Sale
Are property taxes falling with house prices in Rochester MN?
October 28th, 2008 · No Comments
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 certainly not my area of expertise and is one of the functions handled by Mark [...]
Tags: Real Estate News
Shawn Buryska appointed President-Elect to the MLS Board of Directors
October 24th, 2008 · No Comments
Shawn Buryska has been appointed President-Elect to the MLS Board of Directors of the Southeast Minnesota Association of Realtors (SEMAR). Shawn has had numerous terms on various committee’s and positions including past MLS chair, past Education chair and past President of he Southeast Minnesota Association of Realtors. He states: ”I am looking forward to serving the association once again over [...]
Tags: News About Shawn
Rochester MN Area Real Estate Market Conditions (9/29-10/5/08)
October 7th, 2008 · 1 Comment
There are currently 980 residential properties for sale in Rochester, Minnesota with an average list price of $238,424 (median $179,900) and an average of 163 days on the market.
Last week (September 29 to October 5, 2008) there were 29 homes sold (closed) with an average market time of 78 days. The average sold price of $144,201 (median $127,000) was [...]
Tags: Rochester MN Homes for Sale
Understanding the Current Financial Crisis
October 3rd, 2008 · No Comments
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 some quick, understandable talking points when discussing the issue. It is not 100% complete but [...]
Tags: Real Estate News
Featured Listing
51430 176th Ave Way
Pine Island MN 55963
Listing at: $379900
Ranch
4 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

