Market Insight

Sept. 25, 2018

Twin Cities Housing Market: 2018 - September

Here is a link to the live data. You can track mortgage interest rates here.

Mortgage Rates: The national average for a 30 year fixed, conventional mortgage fell slightly from 4.6% to 4.52% however so far in September, rates have spiked back up to a 7 year high ...

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Posted in Market Insight
Aug. 28, 2018

Twin Cities Housing Market: 2018 - August

Here is a link to the live data. You can track mortgage interest rates here.

Mortgage Rates: Mortgage markets continued to remain flat in July as the national average for a 30 year fixed, conventional mortgage climbed slightly from 4.55% to 4.6%. That is historically low but still ...

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Posted in Market Insight
July 23, 2018

Twin Cities Housing Market: 2018 - July

Here is a link to the live data. You can track mortgage interest rates here.

Mortgage Rates: The bond and mortgage markets remained flat in June as the national average for a 30 year fixed, conventional mortgage began and ended the month at 4.55%.

Pending Sales: 6,300 homes ...

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Posted in Market Insight
June 26, 2018

Twin Cities Housing Market: 2018 - June

Here is a link to the live data. You can track mortgage interest rates here.

Mortgage Rates: The volatility in the bond and mortgage markets cooled off again in May as the national average for a 30 year fixed, conventional mortgage began the month and ended the month at 4 ...

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Posted in Market Insight
May 24, 2018

Twin Cities Housing Market: 2018 - May

Here is a link to the live data. You can track mortgage interest rates here.

Mortgage Rates: The volatility in the bond and mortgage markets returned in April as the national average for a 30 year fixed conventional mortgage rose from 4.4% to about 4.6%.

Homes for Sale ...

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Posted in Market Insight
April 18, 2018

Twin Cities Housing Market: 2018 - April

Here is a link to the live data. You can track mortgage interest rates here.

Mortgage Rates: The volatility in the bond and mortgage markets has cooled off for the time being ending March with the national average for mortgage rates at 4.45% for a 30 year, fixed, conventional ...

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Posted in Market Insight
March 21, 2018

Twin Cities Housing Market: 2018 - March

Here is a link to the live data. You can track mortgage interest rates here.

Mortgage rates continued to rise in February and currently sit around 4.5% for a 30-Year Fixed, Conventional mortgage. Historically, 4.5% is low but compared to the past 5 years it’s high and it’s ...

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Posted in Market Insight
Feb. 28, 2018

Twin Cities Housing Market: 2018 - February

Here is a link to the live data. You can track mortgage interest rates here.

2018 has begun with some extreme volatility in the bond market which has resulted in a 10% rise in mortgage rates year to date. Rising mortgage rates have a negative impact on home affordability or ...

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Posted in Market Insight
Jan. 25, 2018

Twin Cities Housing Market: 2018 - January

Single family home inventory in the Twin Cities fell again to a new low of 6,900 homes for sale, in December which means we are starting out 2018 with a record low inventory.

Here is a link to the live data.

I’ll start with pending sales. In the Twin ...

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Posted in Market Insight
Dec. 12, 2017

Twin Cities Housing Market: 2017 - December

Despite slow winter sales volume, inventory fell to a new low during November.

Here is a link to the live data.

The single family home market continued to move in a predictable direction in November in what appears to be the continuation of a 7 year, cyclical trend and I’ll ...

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Posted in Market Insight