Real Estate News
Real Estate Update for Rochester MN
There are currently 912 residential properties for sale in Rochester, Minnesota with an average list price of $228,150 (median $175,000) and an average of 174 days on the market.
Last week (February 16-22, 2009) 16 homes sold (closed). The average … Read more >
Rochester MN Real Estate Market Update
Hope everyone had a great Presidents’ Day!
There are currently 873 residential properties for sale in Rochester, Minnesota. The average list price for these properties is $226,686 (median $176,500) and average market time is 181 days.
There were 69 new … Read more >
First time home buyers take note!
There’s good news if your a first time home buyer! The president just signed the American Recovery and Reinvestment Act of 2009. This means that if your a first time home buyer and your income is less than $75,000 ($150,000 … Read more >
Monday Morning Rochester Real Estate Market Update
Happy Groundhog Day!
There are currently 812 homes for sale in Rochester, Minnesota. The average asking price for these properties is $227,055 (median $178,000) and average market time is 193 days.
Last week (January 26, 2009 through February 1, 2009) … Read more >
Monday Morning Rochester Real Estate Market Update
Good morning!
There are currently 823 residential properties for sale in Rochester, Minnesota. The average list price for these properties is $224,992 (median $175,000) and average market time is 190 days. Last week (January 19 to January 25, 2009) there … Read more >
Monday Morning Rochester Real Estate Market Update (Jan 12, 2009)
There are currently 800 residential properties for sale in Rochester, Minnesota with an average list price of $223,072 (median $174,900) and average of 185 days on the market.
Last week (January 5-11, 2009) there were 816 residential properties for sale. … Read more >
2008 Year End Sales Numbers
How did the Rochester Minnesota real estate market fair in 2008? Here are the final numbers from the Southeast Minnesota Multiple Listing Service. The market saw a 15.3% decrease in overall single family sales in Rochester down from 1,792 in … Read more >
Happy New Year!
With the 2008 real estate market behind us I’m looking forward to 2009. With interest rates at all time lows I’m anticipating an early start to our sales season which usually builds to full steam in March. In the next … Read more >
Tax Credit Available for First Time Home Buyers
Amid the economic upheaval, there is good news for first-time home buyers – a tax credit of up to $7,500. Even better – the definition of first-time home buyers includes those who have not owned a principal residence in the … Read more >
Wake up, Shift Happens
Wake Up, Shift Happens was the title of the continuing education course I attended today sponsered by the Minnesota Assocation of Realtors. As a whole, the class was a summation of where the real estate market was, where it is … Read more >
