More First-Time Buyers Ready to Enter Market in 2014
More than four million first-time buyers want to enter the market, but they face some tough issues as market conditions aren’t exactly favorable to new buyers. Reposted from the MReport Article by...
View ArticleWould rising interest rates and home prices put the Twin Cities housing...
Researchers at the Shenehon Center for Real Estate think not, but they are keeping an eye on the historically low inventory of homes for sale and what that could mean for asking prices. Would a...
View ArticleDeveloper Makes a Bet on Prairie-Home Boom
Related Paid $300 Million for Apartments in Texas, North Dakota This article was reposted from the Wall Street Journal on March 18, 2014. It was written by Craig Karmin and Eliot Brown A two-bedroom...
View ArticleHouse Prices and Lagged Data
The following is a posting from one of my favorite blogs, the Calculated Risk Blog. -Herb Tousley Posted: 27 Mar 2014 11:55 AM PDT Two years ago I wrote a post titled House Prices and...
View ArticleSt. Thomas real estate analysis for March: Indicators Flashing Yellow –...
Researchers at the university’s Shenehon Center for Real Estate are looking for signs of a robust recovery in the Twin Cities housing market this spring, but the signs are not quite there. After a...
View ArticleMinneapolis / St. Paul Housing Market Sending Mixed Signals
St. Thomas real estate analysis for April: Mixed signals as second quarter begins Researchers at the university’s Shenehon Center for Real Estate report that inventory is up and rates are down, but...
View ArticleUS Existing-Home Sales in May 2014: Largest Monthly Percentage Gain Since...
On Monday, June 23, National Association of Realtors (NAR) Chief Economist Lawrence Yun reported that US existing-home sales in May were outstandingly up by 4.9% to an annual rate of 4.89 million...
View ArticleSt. Thomas real estate analysis for August: Big drop in foreclosures and...
The percent of foreclosure and short sales is back to 2007, pre-crash levels; it’s more evidence that the Twin Cities housing market has recovered. Minneapolis, Minn. — An analysis of the...
View ArticleNew Minneapolis Apartment Building Plan
According to Finance & Commerce, Minneapolis-based Hunt Associates and Washington-based Weidner Apartment Homes teamed up and presented on Thursday, June 18th, 2015 preliminary plans for a new...
View ArticleSt. Thomas real estate analysis: Low inventory of homes for sale in the Twin...
University researchers look at reasons why potential sellers are sitting on the sidelines. Minneapolis, Minn. — An analysis of Twin Cities real estate data for the month of May found that while the...
View ArticleSt. Thomas real estate analysis: Strong May and June helps return Twin Cities...
Minneapolis, Minn. – A strong first half of 2015 — and an especially robust second quarter — has for the most part returned the Twin Cities housing market to a level of health not seen here since the...
View ArticleHome Ownership Vs. Renting
The latest data on homeownership show another decline; here’s the ‘so what?’ Reposted from Builder By John McManus Mark Zandi frets about homeownership rates. We should listen to Mark; he’s chief...
View ArticleMinneapolis / St. Paul is One of only 3 U S Major Metros Where Owning is...
As you can see from the headline below from John Burns Consulting in most U S cities homeownership is more expensive than renting. If you look at the image below you will see that Minneapolis / St....
View ArticleWill Millennials Buy Homes Online? The Chinese Already Are
This is a reposting of an article written by Omri Barzilay in Forbes Magazine The real estate market has of course gotten better since the crash of 2008 – home sales are improving across the country...
View ArticleSome Facts Regarding Today’s Changing Home Buyer
Summary of an National Association of Realtors report by John Burns, John Burns Real Estate Consulting Let me summarize for you some of the key findings from an NAR report on home buyer and seller...
View ArticleSt. Thomas Real Estate Analysis: Twin Cities Remains One of the Most...
The 13-county Twin Cities region compares favorably to other metro areas thanks to wages and strong housing-market fundamentals. The Twin Cities remains near the top of the list of affordable housing...
View ArticleSeptember’s Housing Market Key Benchmarks Running Well Ahead of Last Year
A new emerging build-to-rent trend coming soon to the Minneapolis/ St. Paul Market Strong housing-market benchmarks – including home prices and the number of sales – have continued well into the fall...
View ArticleA Brief Summary of the 2015 Twin Cities Housing Market. This Year was a Good...
We examine some of the more important questions about the Twin Cities housing market in 2016 and offer some thoughts about where the market is headed. An analysis of Twin Cities real estate data for...
View ArticleSt. Thomas Real Estate Analysis: Demand for Moderately Priced Homes in Twin...
The university found the number of homes on the market reached a 10-year low at the end of 2015. It’s good for sellers but more challenging for buyers. The Shenehon Center examines new trends and...
View ArticleEconomy is Good, Interest Rates are Low, but Where are the Homes to Buy?
St. Thomas real estate analysis There are about half as many homes available to buy in the Twin Cities compared to pre-crash days. Things should improve, but slowly. The chronic shortage of homes...
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