Saturday, December 29, 2012
Wednesday, December 19, 2012
Tuesday, December 18, 2012
Wednesday, December 12, 2012
Monday, December 10, 2012
Thursday, December 6, 2012
Wednesday, November 21, 2012
Tuesday, November 20, 2012
Monday, November 19, 2012
Wednesday, October 24, 2012
Thursday, October 18, 2012
Tuesday, October 9, 2012
Thursday, August 2, 2012
Monday, July 30, 2012
Tuesday, July 17, 2012
Monday, July 9, 2012
Wednesday, June 27, 2012
Monday, June 25, 2012
5 Projections of Where the Housing Market's Headed
If you are renting it is time to consider owning. It will only get more expensive from here on so call me today!
5 Projections of Where the Housing Market's Headed
5 Projections of Where the Housing Market's Headed
Thursday, June 21, 2012
Tuesday, June 19, 2012
Wednesday, May 9, 2012
Monday, May 7, 2012
Survey Shows More Reason to Buy Than Rent
How many reasons do you need to get that new home now? Call me for todays home special deal of the week.
Survey Shows More Reason to Buy Than Rent
Survey Shows More Reason to Buy Than Rent
Friday, May 4, 2012
Thursday, April 26, 2012
Thursday, April 19, 2012
Thursday, April 12, 2012
Metro Market gaining momentum!
Minneapolis, MN – Urgency Picks up Steam as
Inventory Continues to Fall
(3,750 single-family permits in 2011, 20th largest market in the country)
Traffic improves further, better economy and urgency push levels higher. Traffic
increased and again exceeded agents’ expectations in March, as our buyer traffic index
improved to 72 from 63 in February, with readings above 50 pointing to better than
expected traffic. This marks the fourth consecutive month of improvement and the region’s
highest reading since ‘05. Agents attributed the higher traffic in March to better confidence,
favorable affordability, increased urgency from lower inventories, and the still warmer than
usual winter weather. One agent mentioned, “The economy is doing better and buyers
think the market is on its way up, if at least not falling anymore.” Another agent noted,
“Consumers think it is a good time to buy right now. Interest rates and prices are great.”
On urgency, several agents noted that decreasing supply has caused buyers to take a
more vested in the market as the number of opportunities in the market declines. One
agent noted, “Quality inventory is down and that has led to a long awaited sense of
urgency in the market.” Another agent highlighted, “Buyers want to get in before prices go
higher.”
Prices stabilize in March. Agents indicated that prices were stable in March, as our home
price index improved to 45 from 36, in-line with a neutral reading of 50, pointing to
unchanged prices over the past month. Meanwhile, inventories continued to fall, declining
for the now tenth consecutive month, as our home listings index came in at 80 (from 86 in
February), with readings above 50 pointing to lower inventories. Agents also pointed to still
better urgency trends, as our time to sell index came in at 72 (from 66 in February), with
readings above 50 pointing to a reduced time to sell.
Comments from real estate agents:
■ “The super deals are almost gone and everyone is scrambling to get one.”
■ “Interest rates moved a little higher and that helped buyers get off the fence and
buy now before they missed out.”
Ryland, Lennar and Pulte have the greatest exposure. Ryland has the greatest
exposure to Minneapolis, which generates approximately 5% of its sales, followed by
Lennar at 3% and Pulte at 2%.
Inventory Continues to Fall
(3,750 single-family permits in 2011, 20th largest market in the country)
Traffic improves further, better economy and urgency push levels higher. Traffic
increased and again exceeded agents’ expectations in March, as our buyer traffic index
improved to 72 from 63 in February, with readings above 50 pointing to better than
expected traffic. This marks the fourth consecutive month of improvement and the region’s
highest reading since ‘05. Agents attributed the higher traffic in March to better confidence,
favorable affordability, increased urgency from lower inventories, and the still warmer than
usual winter weather. One agent mentioned, “The economy is doing better and buyers
think the market is on its way up, if at least not falling anymore.” Another agent noted,
“Consumers think it is a good time to buy right now. Interest rates and prices are great.”
On urgency, several agents noted that decreasing supply has caused buyers to take a
more vested in the market as the number of opportunities in the market declines. One
agent noted, “Quality inventory is down and that has led to a long awaited sense of
urgency in the market.” Another agent highlighted, “Buyers want to get in before prices go
higher.”
Prices stabilize in March. Agents indicated that prices were stable in March, as our home
price index improved to 45 from 36, in-line with a neutral reading of 50, pointing to
unchanged prices over the past month. Meanwhile, inventories continued to fall, declining
for the now tenth consecutive month, as our home listings index came in at 80 (from 86 in
February), with readings above 50 pointing to lower inventories. Agents also pointed to still
better urgency trends, as our time to sell index came in at 72 (from 66 in February), with
readings above 50 pointing to a reduced time to sell.
Comments from real estate agents:
■ “The super deals are almost gone and everyone is scrambling to get one.”
■ “Interest rates moved a little higher and that helped buyers get off the fence and
buy now before they missed out.”
Ryland, Lennar and Pulte have the greatest exposure. Ryland has the greatest
exposure to Minneapolis, which generates approximately 5% of its sales, followed by
Lennar at 3% and Pulte at 2%.
Saturday, March 24, 2012
Friday, March 9, 2012
5 Housing Markets Showing Price Appreciation
Housing prices are on the rise! We won't see appreciation like we did previously but this is great news for home owners, not so good if your renting, so call me today!
5 Housing Markets Showing Price Appreciation
5 Housing Markets Showing Price Appreciation
Friday, January 20, 2012
December Existing-Home Sales Show Uptrend
Homes sales continue to rise and interest rates are at an all time low. If you are thinking of making a move, call me today!
December Existing-Home Sales Show Uptrend
December Existing-Home Sales Show Uptrend
Sunday, January 15, 2012
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