Thursday, November 20th, 2014
Screen shot 2014-11-20 at 10.48.46 AM
Posted in Existing Home Sales |
Thursday, November 20th, 2014
Screen shot 2014-11-20 at 10.31.59 AM

The Nov. 20 release of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) results shows average fixed mortgage rates slightly down from the previous week with the 30-year fixed-rate mortgage dipping just below four percent.

Posted in Interest Rates |
Monday, November 17th, 2014
Screen shot 2014-11-17 at 2.54.49 PM
Posted in Listings and Pendings |
Monday, November 17th, 2014
Screen shot 2014-11-17 at 2.55.17 PM
Posted in Inventory |
Monday, November 17th, 2014

As fall finally goes dim, winter emerges as the prevailing wind through the marketplace. While optimism serves as a white rose through this phase, moderate unemployment rates have given pause to overabundant optimism. All the same, the desire for homeownership remains high among those willing to absorb some risk while attracting enthusiasm.

In the Twin Cities region, for the week ending November 8:

  • New Listings decreased 2.8% to 1,104
  • Pending Sales increased 2.0% to 826
  • Inventory increased 4.1% to 16,972

For the month of October:

  • Median Sales Price increased 6.7% to $208,000
  • Days on Market decreased 4.0% to 72
  • Percent of Original List Price Received decreased 0.6% to 95.2%
  • Months Supply of Inventory increased 13.5% to 4.2

All comparisons are to 2013

Click here for the full Weekly Market Activity Report. From The Skinny Blog.

Posted in Weekly Report |