Monday, April 18th, 2016

By Aubray Erhardt on Thursday, April 14th, 2016 With the spring market officially underway, both buyer and seller activity rose in March 2016 compared to last March. Buyers signed 5,861 new purchase agreements, pushing pending sales up a respectable 12.6 … Continue reading

Posted in The Skinny |
Thursday, April 7th, 2016

By Aubray Erhardt on Monday, April 4th, 2016 It’s no secret that we’re experiencing an inventory shortage. Consumers and real estate professionals are feeling the frustration of a low housing supply after submitting multiple offers without success. This trend is … Continue reading

Posted in The Skinny |
Monday, March 21st, 2016

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

Posted in The Skinny |
Thursday, January 21st, 2016

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

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Thursday, December 17th, 2015

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

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