Monthly Archives: October 2011
Check out the NEW BLOG SITE.
Just a Reminder that the BLOG has Moved to a new Location. Same Content with ADDITIONAL INFORMATION. See you there!
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Moving Day
The last week you probably have noticed I have been a little slow on the news. The reason why is I have been working on transferring over to a new site. Today is “Moving Day”. The format … Continue reading
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Homes by Tradition wins two Reggie Awards for Spirit of Brandtjen homes in Lakeville
The Fall Parade of Homes has finished a successful year. Many areas have reported great traffic at their model homes showing positive signs that we have rounded the corner on the market. With the close of the Parade of Homes … Continue reading
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Housing Starts up for September 2011
UPDATE: Just a quick Update on Housing Starts. The US Census is showing a 46% increase in 1 unit housing starts from August 2011 to September 2011 for the Midwest Region. I will update the Minnesota and Twin Cities figures … Continue reading
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Map: Where Minnesotans Are Moving to
Forbes has an online interactive map showing migration around the Country. Below is an image I got when I clicked on Hennepin County, MN. The red lines are showing people moving out of Hennepin County and black lines are showing … Continue reading
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Net New Renters 1.4 Million, Net New Home Buyers 0
Freddie Mac released today its U.S. Economic and Housing Market Outlook for October showing that the rental market is doing well with many of households under 30 are opting for renting vs buying. This is pushing the new households into … Continue reading
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Twin Cities Housing Market update. Week Ending Oct 08, 2011
Another great weekly housing market update from Minneapolis Area Association of Realtors. We continue to grind away at a faster pace on our inventory. This week’s year-over-year stats: Change in New Listings: -13% Change in Pending Sales: … Continue reading
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REO sales may not peak until 2013
REO sales may not peak until 2013. This is a frightening article from HousingWire, not recommended for all audiences… They run some estimated numbers of potential foreclosures throughout 2012 and 2013. Their estimates are staggering to say the least. This … Continue reading
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It’s Time to do some Home Remodeling, BuildFax home remodeling index soars
This is promising for our region in the remodeling industry. It appears as if many homeowners are opting to remodel their home instead of moving now. The BuildFax remodeling index showed huge signs of growth, even in the Midwest Region. … Continue reading
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Sunday Morning Housing Market Chart
It’s Sunday Morning and being in real estate means today is a work day to be in Model homes, open houses or showings. As I walked out to the driveway I noticed a great chart indicating our current housing market. … Continue reading
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