Tag Archives: MN

Monthly Market Update for Rochester, Minnesota

Although historically low interest rates haven’t been able to counteract the effect of the contracted economy, the positive news in the real estate market is that it continues to plug along.  There were 108 signed contracts on Rochester area residential … Read more >

Monday Morning Market Update for Rochester, MN

Although the Rochester area real estate market continues along at a third lower than a year ago, the number of signed contracts last week (September 10 to 16, 2010) was up 62.5% over the previous week.  New listings also increased … Read more >

Monday Morning Market Update for Rochester, MN

Last week (September 3 to 9, 2010) was a holiday week and real estate activity in the Rochester area was about what would be expected with people taking some time off.   New listings in the Rochester area real estate market … Read more >

Morning Market Update for Rochester, MN

New listings in the Rochester area real estate market remained steady at a reduced level last week (August 27 to September 2) with just 27 listings coming on the market, down from 40 a year ago. Sales were down from … Read more >

Monday Morning Market Update for Rochester, MN

Good morning!

The Rochester area real estate market continued to plug along last week with total active listings up 10% over last year and everything else down between 30% and 40% from a year ago.  The 26 homes with signed … Read more >

Rochester Area Monthly Market Conditions – August 2010

Homes have continued to sell in Rochester through the summer months, although at a much lower volume than in previous years.  The Home Buyer Tax Credit briefly shifted  the curve upward, putting home sales through the end of April on … Read more >

Monday Morning Market Update for Rochester, MN

Good morning!

The Rochester area residential housing market is continuing to plug along.  Although the sales activity is still shifted significantly downward from a year ago, we have been seeing slow steady improvement week over week for a few weeks … Read more >

Monday Morning Market Update for Rochester, MN

Good morning!

It’s the last week of July, we’re heading into the last month of the summer, and it shows.  The Rochester area housing market continued along at a slower pace, with 37% fewer homes under contract last week compared … Read more >

Monday Morning Market Update for Rochester, MN

Good morning!

The Rochester area real estate market picked up a little last week (July 9 to 15, 2010) over the previous week with 25 homes going under contract to pending and 14 closings, although that represents a drop of … Read more >

Rochester, MN Area Monthly Market Update

The June 30 closing deadline for the home buyer tax credit certainly boosted the market with the total volume of homes that closed in June approaching $45 million, a 34% increase over May’s  volume of $34 million, but down 13.5% … Read more >