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Twin Cities Real Estate Statistics (RSS)
Based on this picture, there are currently about 20,000 more houses on the market now than there were last year at this time. If we create the same trend we have the last two years with inventory peaking around August, we could have as many as 75,000
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Two months into the year, and the start of Minnesota's spring real estate market, I thought it would be fun to see where Nokomis and Longfellow stand with inventory of houses on the market. Is it a seller's market or a buyer's market? Overall,
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Statistics for homes that have sold in the last 60 days in Minneapolis, Minnesota MLS # Area # Sold Avg Price Sale Price DOM 300 Calhoun/Isles 41 $374,096 $373,219 97.8 301 Camden 32 $137,667 $135,918 90.8 302 Central 35 $310,703 $302,746 110 303 Longfellow
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Here's a quick blurb from the Minneapolis Area Association of Realtors "Seller activity in the Twin Cities housing market continues to decline relative to the record levels posted one year ago. For the week ending February 17, new listings were
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Planning on selling your home? Would you like to get as much as you can for it? I'm going to tell you two universal laws for pricing homes: The best way to get the best price for your home is to price it correctly from the first day you go on the
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Actually it's not the WHO that decided, it's the what. The Absorption Rate tells us whether the market is slanted toward buyers or sellers. (Absorption, in this case, doesn't really have anything to do with a sponge.) Definition Absorption
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It's the 24th day of January, and I just couldn't wait until the end of the month to look at what's happening in the market. Here are the statistics for the Nokomis area (in the MLS NOKOMIS includes Keewaydin, Wenonah, Morris Park, and Minnehaha)
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As of Monday, January 22, there were 25,000 properties on the market. This is an 18% increase compared to the same time in 2006. At first glance you might be thinking we are in for another year like 2006; spikes in the number of homes on the market, and
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