For Week Ending May 22, 2021 A new analysis from Realtor.com® found that 20% of home sales nationwide in the first two months of this year were purchased in cash, up about 5% from a year ago. The substantial increase … Continue reading
May 27, 2021 Mortgage rates are down below three percent, continuing to offer many homeowners the potential to refinance and increase their monthly cash flow. In fact, homeowners who refinanced their 30-year fixed-rate mortgage in 2020 saved more than $2,800 … Continue reading
For Week Ending May 15, 2021 Despite elevated demand for housing, construction of new homes fell in April, with the U.S. Department of Housing and Urban Development and the U.S. Census Bureau reporting a 9.5% decrease in housing starts from … Continue reading
April was another strong month for home sales. The busy spring market continues to see many multiple offer situations driving sales prices above asking price.
Market times fastest in 14 years amid record home prices in the Twin Cities (May 17, 2021) – According to new data from the Minneapolis Area REALTORS® and the Saint Paul Area Association of REALTORS®, seller activity in April was … Continue reading
