Tag Archives: real estate

Monday Morning Market Update for Rochester, Minn

There are currently 1039 residential properties for sale in Rochester, MN, a 10% decrease from a year earlier.  Last week (July 20-26, 2009), 30 homes went to pending (under contract) down 19% from a year ago.  Homes sold (closed) were … Read more >

Time is of the essence with First Time Home Buyer Tax Credit

The National Association of Realtors is recommending completing transactions involving the First-Time Home Buyer Tax Credit as soon as possible.  The Tax Credit was increased to $8000 for home purchases made in 2009 before December 1, 2009.  The NAR’s recommendation … Read more >

Monday Morning Real Estate Update for Rochester, MN

Good Morning!

There are currently 1026 homes for sale in Rochester, MN with an average list price of $238,905 (median $182,999) and an average market time of 145 days.

Last week (June 29 to July 5, 2009) there were 58 … Read more >

Monday Morning Market Update for Rochester, MN

There are currently 1026 homes for sale in Rochester, Minnesota.  The average asking price for these properties is $241,653 (median $184,900) and the average market time is 149 days.

There were 43 new listings last week (June 22 to June … Read more >

Monday Morning Real Estate Market Update for Rochester, MN

Good Morning!

There are currently 1023 residential properties for sale in Rochester.  These homes have an average list price of $241, 240 (median $184,235) and an average market time of 148 days.

Last week (June 15 to 21, 2009) there … Read more >

Foreclosure Sales – Worth the Extra Effort

In the current economic climate, foreclosure sales are increasingly common.  Frequently these properties are appealing because they are priced to sell, often well below market value.  However, there are several obstacles and pitfalls that a buyer can expect to encounter.Read more >