by Wade | Aug 27, 2010 | Blog, Buyers, Market Data
By Dave Hill Prime Mortgage MMG Special Feature Article Nearly a full third of households are still renting. If you’re one of them, you could be paying a hefty price. Before talking about purchasing a house, it’s important to note two things. First—and this is...
by Wade | Aug 25, 2010 | Blog, Buyers, Market Data, Sellers
Single family homes have been selling in less than 110 days the last month. This is down from the average of nearly 180 days on the market in March when the home buyer tax credit was still fueling the market.
by Wade | Aug 18, 2010 | Blog, Buyers, Market Data, Sellers
July pending home sales in the Twin Cities are down from last year. Most likely due to July buyers making their purchase in the Spring prior to the tax credit expiring. I expect activity to pick up after Labor Day. Although, most think it will remain...
by Wade | Aug 16, 2010 | Blog, Buyers, Market Data, Sellers
The trend in firming home prices solidified in the second quarter with more metropolitan areas showing increases from a year ago, aided by a surge in home sales driven by the home buyer tax credit, according to the latest survey by the National Association of...
by Wade | Aug 12, 2010 | Blog, Buyers, Market Data
By Dave Hill Prime Mortgage Misconception: If you pay list price, you’re paying too much. If you don’t know what the current market value is for homes in the area and whether the market is appreciating or depreciating, you don’t know what a fair...
by Wade | Aug 11, 2010 | Blog, Buyers, Market Data, Sellers
Great market update from Inman News. With distressed homes accounting for a smaller proportion of sales nationwide, median prices for existing homes were up from a year ago in nearly two-thirds of the 155 metro markets tracked by the National Association of Realtors...