Monthly Archives: March 2012
Minnesota Ranks Right In the Middle for Senior Affordability
Between the housing bubble burst, the economic collapse, and the increased costs of everything from food to fuel, it’s no surprise that older Americans are facing an increased gap between their annual income and expenses. According to a recently released … Read more >
Rochester Minnesota Housing Market Conditions – Monday Morning Market Update
The Rochester Minnesota area housing market inventory continues to increase steadily as we move through the spring market. Last week, March 16-22, 2012, there were 56 new residential listings with an average asking price of $175,360 and 35 homes going … Read more >
System Fixes: Foreclosure Reforms and Settlement
From questionable lending decisions to shady foreclosure practices, the mortgage industry has been under something of a cloud for the last several years. A recent settlement between the state attorneys general and the five leading bank mortgage servicers, along with … Read more >
Rochester Minnesota Real Estate Market Update – March 2012
Last month the Rochester, Minnesota residential real estate market saw its strongest February in years. Showings were up 24% year over year for the month of February as buyer interest begins to grow. Both signed contracts and home closings reached … Read more >
Rochester Minnesota Area Real Estate Market Conditions – Monday Morning Market Update
Tomorrow may be the first day of spring, but the Rochester, Minnesota residential housing market has been showing great signs of the spring market for several weeks now with homes selling steadily while inventory continues to increase. The second week … Read more >
Rochester Minnesota Residential Real Estate Market Conditions – Monday Morning Market Update
Rochester Minnesota area home sellers are seeing the attractions of the spring market as even more homes were listed for sale last week (March 2 to 8, 2012) than the previous week. There were 83 new residential listings in Rochester … Read more >
Foreclosures in Minnesota 2011 Report
Foreclosures in Minnesota, 2011 Report
There were 21,298 homes sold at Sheriff’s Sale in 2011 in Minnesota, the fewest since 2007. However, it also reflects the fact that the foreclosure crisis is not over yet, as it means that over … Read more >
Rochester Minnesota Residential Housing Market Update — Monday Morning Market Update
Spring has sprung in the Rochester Minnesota area real estate market. With 77 new residential listings and 51 signed contracts last week, the Rochester Minnesota residential real estate finished February stronger than it has in several years.
Last week’s 51 … Read more >
