Tag Archives: residential real estate news

Rochester Minnesota Housing Market Update – November 2011

After a sharp drop-off in home sales in September, the number of pending listings stayed steady in October, with 114 homes going under contract, an increase of 16.3% over a year earlier.

Compared to last year’s flurry of buyer activity … Read more >

Record Low Interest Rates Can Mean Large Long Term Savings

Interest rates continue to hit lows not seen in 40 years.  With interest rates just above 4%, the savings over the course of a 30 year fixed mortgage are remarkable.  Combined with high levels of housing inventory for sale and … Read more >