Thursday, September 24th, 2020

New listings and sales up, price growth strong, but some activity from Q2 was postponed into July/August (September 18, 2020) – According to new data from the Minneapolis Area REALTORS® and the Saint Paul Area Association of REALTORS®, buyer and … Continue reading

Posted in The Skinny |
Monday, September 21st, 2020

For Week Ending September 12, 2020 The Mortgage Bankers Association (MBA) Mortgage Credit Availability Index (MCAI) in August fell by 4.7 percent to 120.9. A decline in the MCAI indicates that lending standards are tightening, and this latest drop finds … Continue reading

Posted in Weekly Report |
Monday, September 14th, 2020

For Week Ending September 5, 2020 Strong buyer activity continues into the back-to-school season that normally signals the seasonal slowing of the housing market. With more buyers in the market and the continued constrained supply of homes for sale, speedy … Continue reading

Posted in Weekly Report |
Tuesday, September 8th, 2020

For Week Ending August 29, 2020 Mortgage rates continue to remain near all-time lows. This week, mortgage giant Freddie Mac reported that average rates on a 30-year fixed-rate mortgage were 2.91% with an average of .8 points, just slightly above … Continue reading

Posted in Weekly Report |
Monday, August 31st, 2020

For Week Ending August 22, 2020 New construction activity continues to show strength, reaching pre-COVID-19 levels. The latest report from the Commerce Department and U.S. Housing and Urban Development shows total housing production is up 22.6% to a seasonally adjusted … Continue reading

Posted in Weekly Report |

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