Having entered into the holiday season, we can now start to draw conclusions regarding the 2018 residential real estate market and begin to predict what the market will look like in 2019. The three aspects I will be paying close attention to in the next few months are mortgage interest rates, new listings and month’s […]
Inside the Numbers
Inside The Numbers – October 2018
“This is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.” – Sir Winston Churchill, Speech in November 1942 This quote was made shortly after the British had a minor, but impactful victory over the Germans who had been pummeling the Allies until […]
Inside the Numbers – September 2018
Statistics are continuing to confirm what I have been hearing “on the street” from real estate agents and brokers; the hot spring/summer markets have given way to a cooldown. Some of this can be attributed to the annual seasonal shift that occurs when school begins, the weather cools and people shift into fall mode. Pending […]
Inside the Numbers – May 2018
All indications point to another robust real estate market throughout 2018. While new listings and inventory levels have declined compared to 2017, new construction has increased to help reduce the shortage of choices for buyers. Mortgage rates have crept up this year, but this has had a negligible effect on buyer demand. As has been […]
Inside the Numbers – April 2018
In the Twin Cities area, the only thing crazier than the housing market is the weather! Despite the cooler than usual temperatures and snow-covered ground, the spring real estate market has taken off in the past few weeks. Now that spring weather has arrived, we should see a continued increase in real estate listings and […]