So how does the Twin Cities real estate market stack up against other housing markets throughout the United States? A recent article in Business Week places the Minneapolis housing market as the the 13th fastest selling market in the United States. Fastest in terms of DOM (Days On Market).
Find Property Taxes in Minnesota
August 20, 2008 By 1 Comment
Minnesota lands 8 on Fortune Global 500
August 4, 2008 By Leave a Comment
Minnesota is always a great place to work but this just adds to it. The state placed 8 companies on the Fortune Global 500 list. Minnesota also has strong ties to a handful of other companies on the list as well. 81 United Health Group 102 Target 157 Supervalu 177 Best Buy 308 Traveler’s Companies [...]
What the Housing and Economic Recovery Act is all about.
August 2, 2008 By 4 Comments
All things aside, here is the entire 700 page document, download if you want and read it if you have sleep insomnia. For a shorter version, here is a four page summary. The bill was signed into law last week by President Bush last week. Just when everything looked like everything was sorted out, the [...]
Homebuilder Down!
June 20, 2008 By 1 Comment
Lakeville based home builder M.W. Johnson has filed banko protection chapter 11 style. The builder still plans to operate, finish homes that have yet to be completed and work with creditors. MW Johnson is one of the largest home builders in the state, along with operations in Florida and Wisconsin. The company is said to [...]
Twin Cities Market Update
May 28, 2008 By Leave a Comment
2% decline in houses on the market since last year at the same time. Pending sales slightly ahead of last year. 27.5% of these houses where completed by a financial institution meaning a short sale or REO property. Pending sales over three months is down compared to last year at this time. The number of [...]
Listings decrease as builders and sellers hold back
May 20, 2008 By Leave a Comment
