By Erin Milburn on Friday, May 12th, 2017 Compared to April 2016, new listings in the Twin Cities declined 8.3 percent while pending sales decreased 8.5 percent. Given that there were about 20.0 percent fewer homes for sale, a modest … Continue reading →
By David Arbit on Monday, April 17th, 2017 Seller activity rose 1.3 percent compared to March 2016. The number of signed purchase agreements declined 3.0 percent, though the number of closed sales rose 8.3 percent. Housing demand has outpaced supply, … Continue reading →
By David Arbit on Monday, March 20th, 2017 With the number of homes available for sale at a 14-year low, the well-priced homes that are on the market are often getting full-price offers or better in record time. Active listings … Continue reading →
By David Arbit on Tuesday, February 28th, 2017 © MAAR 2017 | All rights reserved. We have all heard the saying “everything eventually reverts to the mean.” No? Fair enough. There’s a saying that goes “everything eventually reverts to the … Continue reading →
By David Arbit on Thursday, February 16th, 2017 Right around the time when second-hand shops receive an influx of donated exercise equipment, we get our first glimpse of the year at our local housing market. Overall, it was a healthy … Continue reading →