Minneapolis Real Estate Blog<br>A REAL ESTATE BLOG<br>Introducing the real estate world...<br>...to the power of the Blog.<br><br>MINNEAPOLIS, MNMinnesota Real Estate Weekly Update- March 25, 2008 Finally some good news for the Twin Cities real estate market! Pending sales jumped significantly from the previous week. There were 757 newly signed purchase agreements, only down 8.9% compared to this same time last year. There were also 300 fewer properties put on the market this past week than the same time in 2007. A total of 2,078 listings were put on the market, and overall inventory still remains at 30,619, an increase of only 5.5% compared to this...http://www.minnesotas-real-estate.com/blog/000203.php Minnesota Real Estate Weekly Update- March 18, 2008 For the week ending March 8th, 2093 new listings were put onto the market here in the Twin Cities area. 682 properties received an acceptable offer and went pending, and 30,453 active listings remain on the market. The pending sales for this week dropped almost 19% compared to the same time last year. Despite attractive interest rates, motivated sellers, and the plethora of properties to choose from, buyers still seem a but "unsure" about moving forward. Without sounding too trite,...http://www.minnesotas-real-estate.com/blog/000202.php Minnesota Real Estate Weekly Update- March 10, 2008 For the week ending March 1st, 2008, the Twin Cities real estate market did produce some good news. There were 680 pending sales for the week, a drop of only 4.9% compared to 2007. The number of pendings has steadily risen each week, showing increased buyer activity here in our market. There were 2014 new listings that went onto the market, an increase of 4% compared to 2007. Overall, there remains 30,112 active properties for sale here in the Twin...http://www.minnesotas-real-estate.com/blog/000201.php Minnesota Real Estate Weekly Update- March 4, 2008 Finally, some good news for the Twin Cities real estate market!! The supply demand ratio for March 2008 is 8.72. This means there are 8.72 houses on the market for every one buyer. This is the lowest this rate has been in 9 months! Currently, there are 29,551 active listings on the market, an increase of 9.8% compared to this same time in 2007. 635 properties went pending this past week, a 16% drop compared to 2007, and 1,832 listings...http://www.minnesotas-real-estate.com/blog/000200.php Macy's future in St. Paul hazy- March 3, 2008 As the chain cuts jobs nationwide, including hundreds in Minneapolis, analysts say more store closings may be needed By Gita Sitaramiah gsitaramiahpioneerpress.com Article Last Updated: 03012008 03:16:04 AM CST Macy's is slashing jobs and closing stores to cope with a shaky strategy and weak consumer spending. Could the downtown St. Paul store be a victim That's the question many who watch the twists and turns of struggling downtown retail in both of the Twin Cities are asking. The downtown...http://www.minnesotas-real-estate.com/blog/000199.php |