Author Archives: Admin

M/M Seefeldt

“We are finally unpacking the last of the boxes and we’re feeling more settled here so we wanted to take the time to thank you again for the fine job you did in helping us find our new home. We … Read more >

Rochester Area Real Estate Update June 16, 2006

The Rochester area housing market began its seasonal slowdown in May with 380 new and back on the market listings, a decrease of 5% from the previous month. There were 245 homes going to pending (under contract) in May, down … Read more >

Twin Cities real estate sales drop 9%

Home sales in the Twin Cities, Minnesota area tumbled for the second straight month in May, while median home-price growth continued to slow, according to three metro Twin Cities Realtor associations.

Realtors reported 5,039 closed home sales last month, down … Read more >

Real estate refinancings hit 4-year low

Overall mortgage applications tumbled 1.4 percent last week on a seasonally adjusted basis from the week before, as refinancings fell for the third consecutive week, the Mortgage Bankers Association reported today.

The seasonally adjusted purchase index increased slightly to 395.6 … Read more >

Real estate rates retreat on jobs report

Today’s news of slowing job and wage growth has mortgages in retreat from another run towards 7 percent, and the 10-year T-note down to 5.01 percent from a 5.2 percent May high. A Fed pause at its June 29 meeting … Read more >

Rochester MN Real Estate Glossary

One of the most important parts of buying or selling a home is knowing the terminology. When you are familiar with the details of the process, buying or selling a home becomes less stressful and you will feel empowered when … Read more >