September 2011 Monthly Skinny

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A monthly update on the Twin Cities housing market provided my the Minneapolis Association of REALTORS.

Straight Up Housing Stats From 10K Research

Slides provided by real estate research firm 10K Research. Twin Cities Housing Market: Big Picture and Little Details View more presentations from JeffAllen.

A Look Back At 2009

2009 Real Estate Residential Activity Report

Prices Heading Lower If Not Already There

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Let’s be honest with ourselves on this one, home prices are still going to fall. Les Christie from CNN throws out three basic reasons why home prices are heading lower: more foreclosures, rising interest rates and the home buyer tax credit coming to an end. Here’s the proof in case your not a regular reader: [...]

October Case-Shiller Shows A Dip In Minneapolis Pricing

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The Case-Shiller home price index came out for October, prices in Minneapolis dropped just a tick by a 1/2%, but overall the index increased for the 5th consecutive month. Weakness in the midwest region. Take it for what it is, the data lags by 2 months. Will be interesting to watch over the next six [...]

Low Inventory On Foreclosures In The Twin Cities

At a quick glance, it looks like the days of throwing out an offer on a bank owned home with the hopes of them biting on a low ball purchase agreement are gone. List to sale price on these homes are now higher than traditional home sales and it just shows how competitive that segment [...]

Hold Me Over Post

Not that I have been lazy with updating in the past week, just working on bootstrapping some other real estate related sites togtether which should be launched soon. So I dug up last month’s skinny video courtesy of the Minneapolis Association of Realtors for a ‘hold me over’ post.

Rally Round The Cage

Alright, I’ll bite on the good news and rally ’round the cage like so many do when it comes to the barrage of ‘good’ news for the housing industry. Including but not limited to: home sales up and new home housing starts surprise increase. One major metric was released in the past week and that [...]

Will See WhereThis Goes

housingsupplyoutlookaugust2009

From the press release of MPLS Realtors: For the 13th consecutive month, there were more pending sales than there were a year ago. July saw 5,174 signed purchase agreements, up 16.0 percent from July 2008 and the strongest July showing since 2005. Of these sales, 43.6 percent were lender-mediated foreclosures and short sales. Maybe a [...]

Up Down or Steady

Just put a new interactive widget on the right hand corner of the screen that will predict the market over a 12 month cycle. Click on the button to enter the address of your property to see where it is heading. Real Estate Market Forecast Cyberhomes also has a section on their website called Market [...]

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