Barry Ritholtz from the Big Picture, which is a good regular read tells people to grab a time machine to sell back in 2005 or get realistic over selling prices and get competitive. No need to sell if you don’t have to. Price fixes just about everything and the market sets it! via Frontdoor blog
Prices Make A Turnaround

Twin Cities home prices have appeared to make a little turnaround on a metro wide. 12 straight months of year over year increased pending home sales is definitely a strong sign according to a report by the Minneapolis Association of Realtors. From press release: After increasing by $12,000 from April to May, the median sales [...]
Zestimate on White House Falls Below $300 Million
What the hell… as soon as Barack Obama moves into the White House Zillow Zestimates that the most famous address in the world, 1600 Pennsylvania Ave has sunken below the $300 million mark for a home value. Have you seen the monthly mortgage payment for this sucker? A zero down loan, 30 year fixed at [...]
Minneapolis and the Zillow Home Index Report

Zillow released there second quarter Real Estate Market Reports yesterday. The market reports are based on a variety of statistics that bring together current data of not only homes that sold but equity loss as well. You can view 165 market areas all the way down to the local level to get a better idea [...]



