By Aubray Erhardt on Monday, July 13th, 2015
The Twin Cities metropolitan housing market reached key milestones in June. Both pending purchase demand and closed unit sales officially reached 10-year highs. The last time demand was this strong was June …

By David Arbit on Monday, July 6th, 2015

Real estate professionals understand that there is an imbalance between supply and demand in most markets across the U.S. Buyers have been highly motivated by a variety of factors ranging from low (but rising) …

By David Arbit on Friday, June 26th, 2015
COMPARING SQUARE FOOTAGE TRENDS IN THE NEW CONSTRUCTION AND PREVIOUSLY OWNED SEGMENTS
New construction prices not only recovered far faster than previously owned prices, but they have also reached an all-time h…

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…