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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 >
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 >
We currently at record low interest rates which is great for the current real estate market but how long can we expect to see them at these levels. Larry Baer with Market Alert has written a great commentary regarding this … Read more >
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 >
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 >
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 >
Obtaining home mortgage these days has gotten a little more involved but is still relatively easy to obtain if your income is in line with your debts and the house you want to buy is in a price range that … Read more >
“It was a difficult time to sell houses and it still is! However, people need homes and there are honest ways to finance them. I believe you did well in the market. You are cheerful, hard-working and interested in your … Read more >
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 >
The stock of homes for sale in Rochester, Minnesota continued to drop last week. There are currently 905 residential properties actively for sale in Rochester, with an average list price of $227,140 (median $176,500) and an average of 164 days … Read more >
