Category Archives: Market Trends

2008 Market Review

We’ve all read the negative news about the Twin Cities housing market.   Star Tribune reported that Twin Cities’ home prices have dropped accumulatively 16% over the last year.    Many people think that the reason for the price decrease is that there are more homes on the market than ever, and they are just sittingRead More…

Real Estate Insights

The National Association of Realtors publishes the Real Estate Insights monthly. If you want a copy of the latest issue in pdf format, just drop me an e-mail. There are some market indicator statistics that are published in this newsletter. A quick glance includes the following: Existing home inventory is up. Existing home sales isRead More…

How’s THAT going?

When I meet people for the first time, they usually ask THE question when I mention that I’m in real estate. The question: “How’s THAT going?” or “Isn’t that a tough business?” or “Isn’t it hard to sell homes right now?” or somthing else to the effect.  Frankly, the real estate market is not as badRead More…

Foreclosure Bargains??

Everybody wants a bargain. Everybody knows foreclosures are bargains. Are they? In this article, we’ll take a look at what happens with a foreclosure. Being in the Minneapolis area, this information is more pertinent to the Minneapolis and St. Paul area houses, although it might apply to other areas as well.   But first, hereRead More…Read More…