Rochester MN Real Estate Market Blog

This is the last of four in a series of posts about handling the challenges of moving your family – from the initial decision through moving into your new home.  Earlier posts covered Focusing on Family, Involving Your Children in the Move, and Timing Your Move. From packing to saying goodbye to adjusting to the [...]

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This is the third in a series of posts about handling the challenges of moving your family – from the initial decision through moving into your new home. Whether you’re moving across town or across the country, getting your children involved can make the transition easier.  Timing Your Move Obviously the market plays a huge [...]

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Here’s another great article from Serena Powers: Renters Have Much to Gain by Pursuing Home Ownership Buying a home vs. renting is a big decision that takes careful consideration, as most mortgage consultants will agree. But the rewards of home ownership are great. For many years, purchasing real estate has been considered an extremely profitable [...]

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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 (72) were up 7% and closings (103) were up 47% over last December.  The average [...]

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This is the second in a series of posts about handling the challenges of moving your family – from the initial decision to moving into your new home. Whether you’re moving across town or across the country, getting your children involved can make the transition easier. Involve Your Children in the Move: Tell your children [...]

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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 probably noticed that market experts and traders have been keeping a close eye on the [...]

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This is the first in a series of posts about handling the challenges of moving your family – from the initial decision to moving into your new home.                 Even under the best of circumstances, moving can be very stressful.  When you are moving with children, however, you face even more challenges. Fortunately, there are [...]

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There were 107 new listings in November in the Rochester area, down 17% from the previous month, but on par with last November (106).  There were 92 residential properties with signed contracts last month, down slightly from October (98) and 15% higher than a year ago (80).  Average market time for these homes remained close [...]

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New listings rose 15%in October with 129 homes coming onto the Rochester area housing market after hitting a low of 112 new listings in September, the lowest volume since last December.  The 98 signed contracts in October represented a 5.8% drop from the previous month, 40% lower than a year ago, and the lowest level [...]

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As we head through the holidays, home buyers, like everyone else, find themselves with less time and more obligations.  The resulting slowdown in market activity means once again that the buyers have the upper hand.  However, the time of year also means that those buyers who are actively looking for a home are more serious [...]

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