Real Estate News

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 >

Record-Breaking Lows: Mortgage Rates Charting New Territory

Mortgage interest rates have remained steady at lows not seen in 40 years, with 30-year fixed rate average 3.87%. The 15-year fixed rate, while moving slightly higher last week, remained close to the record-breaking 3.14% set at the beginning of … Read more >

Rochester Minnesota Housing Market Update – February 2012

The Rochester, Minnesota residential real estate housing market is heading into the spring selling season with the most signed contracts for the month of January — as well as the most closings in the first month of the year — … Read more >

Rochester Minnesota Residential Housing Market Update – Monday Morning Market Update

The Rochester Minnesota area residential real estate market had another solid week last week with 22 signed contracts. While the number of pending listings was comparable to a week earlier, the average asking price for last week’s signed contracts ($200,075) … Read more >

Rochester Minnesota Real Estate Housing Market Update – Monday Morning Market Update

The number of  new residential listings in Rochester, Minnesota nearly doubled week over week with 64 homes coming on the market last week (January 27-February 6, 2012). Average asking price for these homes was $193,353. Signed contracts were down slightly … Read more >

Real Estate Housing Market Update for Rochester Minnesota – Monday Morning Market Update

The Rochester Minnesota area residential real estate market started picking up steam last week with nearly twice as many new listings as the previous week. There were 36 new residential listings last week (January 20-26, 2012) with an average asking … Read more >