Real Estate Consulting & Sales | Residential + Commercial

Tax Credit Hang-Over

As many of us in the industry expected, the housing market has been exceptionally cool since the tax credit expired.  Buyer activity has fallen drastically in May, due mostly to a rush to buy before the April 30th deadline.  However, I firmly believe another tax credit would prolong the recovery, so although the market is…read more

2010 Twin Cities year-end housing numbers

According to year-end numbers from the Minneapolis Association of Realtors, 2009 performed better than 2008 on most fronts.  Closed sales increased, new listings were down, however the median sales price decreased by about 15% to $166,000 – the lowest level since the year 2000.  The increase in sales and the decrease in the median sales…read more

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Weekly Market Activity Report Did you get all your screams out over the Halloween weekend? Well here’s a scary thought to keep you in the Halloween spirit: we’re running out of homes to sell in the lower price ranges. For the week ending October 24 there were 926 signed purchase agreements, up a monstrous (get…read more