By David Arbit on Monday, December 14th, 2015 By David Arbit, Director of Research & Economics Abstract: There is no question we are in a rising interest rate environment. The Fed may begin to normalize rates starting in December 2015. … Continue reading →
By Aubray Erhardt on Friday, December 11th, 2015 With warmer than usual temperatures, impressive job and wage growth and still attractive interest rates, strong home purchase demand continued into November. Pending sales rose 18.1 percent to 3,497 signed contracts; new … Continue reading →
By Erin Milburn on Tuesday, November 17th, 2015 October pending sales rose 3.3 percent to 4,331 contracts. New listings decreased 2.6 percent to 5,798 as fewer sellers listed their properties for sale. It should come as no surprise that inventory … Continue reading →
By Erin Milburn on Tuesday, October 13th, 2015 After an impressive summer, Twin Cities home sales continued at a 10-year record pace in September. Most indicators are beginning to show month-to-month moderation although year-over-year comparisons remain positive. The number of … Continue reading →
By David Arbit on Tuesday, August 18th, 2015 “Accept certain inalienable truths: Prices will rise. Politicians will philander. You, too, will get old. And when you do, you’ll fantasize that when you were young, prices were reasonable, politicians were noble … Continue reading →