By David Arbit on Thursday, June 18th, 2015
After nearly 10 years, home prices are within 6.3 percent of their record high seen in June 2006. We have been here before, but we are in a different environment these days. The labor market has benefited fr…
By Aubray Erhardt on Thursday, June 11th, 2015
MEDIAN HOME PRICE JUST SHY OF RECORD HIGH AMIDST STRONGEST DEMAND IN A DECADE
With the sole exception of inventory, every market metric showed continued improvement during May. The number of signed purchas…
By David Arbit on Tuesday, June 2nd, 2015
“The trend is your friend.”
We don’t know who said it, or when. But we believe the spirit of that statement is to ignore the micro fluctuations in the data and focus on the overall, macro-level pattern. L…
By Aubray Erhardt on Tuesday, May 12th, 2015
The number of signed purchase agreements in the 13-county Twin Cities region reached a 10-year high for the month of April. The figure came up just shy of reaching a 10-year record high for any month. Buyers…
By Aubray Erhardt on Friday, April 10th, 2015
The number of signed purchase agreements in the 13-county Twin Cities region surged by 30.0 percent to 5,301 contracts. Sellers were also confident, as new listings increased 21.4 percent to 7,887 during th…