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Results For Tag: real estate

May 2013 Monthly Skinny

May 23, 2013 |  Article By :   | 

Where has the Twin Cities Real Estate Market been and where is it headed. Take a look at the May monthly skinny for a summary of trends and projections for the real estate market in the Twin Cities.

Market Statistics

May 16, 2013 |  Article By :   | 

The numbers are out from the Minneapolis Association Area Association of Realtors for the week ending May 4, 2013.

In the Twin Cities region, for the week ending May 4:

• New Listings increased 10.7% to 1,825
• Pending Sales increased 17.2% to 1,404
• Inventory decreased 28.0% to 13,361

For the month of April:

• Median Sales Price increased 12.0% to $182,000
• Days on Market decreased 28.1% to 97
• Percent of Original List Price Received increased 2.7% to 95.9%
• Months Supply of Inventory decreased 38.0% to 3.1

March 2013 Monthly Skinny

April 25, 2013 |  Article By :   | 

Where has the Twin Cities Real Estate Market been and where is it headed. Take a look at the February monthly skinny for a summary of trends and projections for the real estate market in the Twin Cities.

Why Sell Now

April 15, 2013 |  Article By :   | 

for sale sign smallWhy Sell Now? If you have been thinking of selling your home, now is the time to get it on the market! The real estate market has been a buyer’s market for a long time now but recently we are back to being a seller’s market with such a low housing inventory and so many buyers. Below are some of the top reasons why now is a great time to be a seller!

  • Did you know that inventory levels declined 31.6 percent to 12,202 active listings in February 2013, the lowest number for any month going back to January 2003.
  • Increased buyer demand has created bidding wars for homes on the market that are priced correctly.
  • That average time on market to sale has dropped some 20% from just one year ago.
  • Buyers are out in full force and want to buy now to take advantage of the still low interest rates.

There are other reasons for you to put your home on the market and I would be happy to sit down and discuss them with you. Contact me if you would like me to do a market analysis for your home or fill out the Complimentary CMA Form here on my website!