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Monday, March 20th, 2023

Posted in Listings and Pendings |
Monday, March 20th, 2023

Posted in Inventory |
Monday, March 20th, 2023

For Week Ending March 11, 2023 The slower pace of home sales has helped housing supply increase at a record pace nationwide, with inventory climbing 67.8% year-over-year in February, according to Realtor.com’s latest Monthly Housing Market Trends report. Inventory was … Continue reading →

Posted in Inventory |
Monday, March 20th, 2023

Median sales price of Twin Cities homes rose 0.6 percent to just under $342,000 Buyer activity down 23.6 percent with 2,932 pending sales Sellers listed 24.3 percent fewer homes compared to last February (March 15, 2022) – According to new … Continue reading →

Posted in Listings and Pendings |
Thursday, March 16th, 2023

March 16, 2023 Mortgage rates are down following an increase of more than half a percent over five consecutive weeks. Turbulence in the financial markets is putting significant downward pressure on rates, which should benefit borrowers in the short-term. During … Continue reading →

Posted in Interest Rates |
Monday, March 13th, 2023

Posted in Listings and Pendings |
Monday, March 13th, 2023

Posted in Inventory |
Monday, March 13th, 2023

For Week Ending March 4, 2023 According to recent data from Black Knight, more than 40% of US mortgages originated in 2020 – 2021, with almost 25% of all current home loans originating in 2021, when the pandemic helped mortgage … Continue reading →

Posted in Inventory |
Thursday, March 9th, 2023

March 9, 2023 Mortgage rates continue their upward trajectory as the Federal Reserve signals a more aggressive stance on monetary policy. Overall, consumers are spending in sectors that are not interest rate sensitive, such as travel and dining out. However, … Continue reading →

Posted in Interest Rates |
Monday, March 6th, 2023

Posted in Listings and Pendings |
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Direct: 612-924-4354 | Cell: 612-669-0596
Lance@theberwaldgroup.com
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