By David Arbit on Friday, June 23rd, 2017 As the shortage of residential property listings persists, many observers are rightly examining recent new construction trends. We’d like to get in on that. Using exclusively NorthstarMLS data, this analysis only looks … Continue reading →

By David Arbit on Thursday, June 15th, 2017 Compared to May 2016, new listings in the Twin Cities inched up 0.7 percent while closed sales fell 1.1 percent. Given that there were 17.3 percent fewer homes on the market compared … Continue reading →

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 →