Tag Archives: residential real estate market conditions
Monday Morning Market Update for Rochester, MN
With Spring comes flowers and For Sale signs popping up all over town. Last week (February 25 to March 3, 2011) there were 96 new listings with an average list price of $228,902. Showings also picked up last week with … Read more >
Monday Morning Market Update for Rochester, MN
More good signs for the Rochester, Minnesota area spring housing market! Residential home showings in the area last week reached the highest level since the last week of October. While there are still fewer showings week by week compared to … Read more >
Monthly Market Update for Rochester, Minnesota
It may be cold outside, but the Rochester, Minnesota area residential real estate market is warming up with the new year. Although new listings (151) were down 25% from last January, this represented a 68% increase from the previous month … Read more >
Monday Morning Market Update for Rochester, MN
Rochester, Minnesota’s residential real estate market saw an uptick in signed contracts last week with 32 homes going under contract, more than twice as many as the previous week and 52% more than the same time period a year ago. … Read more >
Monday Morning Market Update for Rochester MN
Home sales continued on at a steady pace last week in Rochester, Minnesota with 18 signed contracts, similar to the previous week and the same time period a year ago. Although new listings continued to outpace signed contracts, with a … Read more >
Monday Morning Market Update for Rochester, MN
Happy New Year!
The Rochester, MN area housing market finished off the year with 12 signed contracts and 22 closings, both up from a year earlier. The 16 new listings had an average list price of $185,362. The homes that … Read more >
Monday Morning Market Update for Rochester, MN
Between the snow and the season the Rochester, MN area real estate market moved along slowly last week (December 10 to 16, 2010) at a comparable level to a year ago. There were 14 signed contracts and 18 closings last … Read more >
How the Velocity of Money Impacts Home Loan Rates
Here’s a great article from Serena Powers:
What is the Velocity of Money
and How Does it Impact Home Loan Rates?
By Serena Powers, Licensed Mortgage Loan Originator 47766
PHH Home Loans
If you’ve been watching the economic news, you’ve … Read more >
Monday Morning Market Update for Rochester, MN
Last week (November 12 to 18, 2010) the Rochester area housing market saw an uptick in activity over the previous week with 21 closings, 23 signed contracts, and 28 new listings. New listings were up 75% over last year and … Read more >
Monday Morning Market Update for Rochester, MN
Last week (November 5 to 11, 2010) saw a large drop in signed contracts and closings in the Rochester area, most likely due in part to the holiday. There were 29 new listings, 15 homes under contract and just 9 … Read more >
