Real Estate News

Rochester Minnesota Residential Real Estate Market Conditions – Monday Morning Market Update

The Rochester Minnesota area housing market continues to see a steady flow of homes listed for sale, with 60 new residential listings last week (May 4-10, 2012), representing an 18% increase over last year. Home sales (signed contracts) were down … Read more >

Rochester Minnesota Housing Market Conditions – Monday Morning Market Update

The Rochester Minnesota area housing market finished off April with the fifth straight week of 50+ signed contracts on residential properties, resulting in the highest level of home sales (homes under contract) since April 2008.

The 51 homes that went … Read more >

Rochester Minnesota Housing Market Conditions – Monday Morning Market Update

Spring is still in full force in the Rochester area real estate market as 50 more homes went off the market under contract last week and another 53 properties were listed for sale.

The 50 homes that went under contractRead more >

Rochester Minnesota Housing Market Conditions – Monday Morning Market Update

The Rochester, Minnesota real estate market had another strong week last week with 65 signed contracts on residential properties outpacing the 53 new listings that came onto the market.

Last week’s (April 13-19, 2012) 53 new residential listings had an … Read more >

Rochester Minnesota Housing Market Conditions – Monday Morning Market Update

Brisk market conditions continued for another week into April with 63 new residential listings and 55 homes going under contract last week in Rochester, Minnesota. While new listings were down just lightly from a year ago, signed contracts were up … Read more >

Rochester Minnesota Housing Market Conditions – Monday Morning Market Update

The first week of April was “no joke” in the Rochester, Minnesota area housing market. The number of new listings and sold listings were exactly equal to the same time period a year ago, with pending listings up a full … Read more >

Rochester Minnesota Real Estate Market Conditions – Monday Morning Market Update

The Rochester, Minnesota area housing market, far from “going out like a lamb” had a solid showing in the last week of March with 65 new residential listings and 40 homes going under contract between March 23 and 29, 2012.… Read more >

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 >