By Aubray Erhardt on Monday, March 14th, 2016 February Pending sales rose 6.7 percent while new listings increased 3.0 percent. The all-too-familiar supply crunch continued as inventory levels fell 19.4 percent to 10,953 active properties. Prices continued their steady climb … Continue reading →

By Aubray Erhardt on Wednesday, January 20th, 2016 At a press conference today, REALTOR® associations reported that the Twin Cities Metropolitan Area had the best year in terms of the number of closed sales since 2005. Closed sales finished 2015 … Continue reading →

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 →