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Tuesday, May 27, 2008The Minnesota Real Estate Team - The #1 RE/MAX Team in Minnesota
The new market statistics came out today, and we have some good news to report! 2,183 new properties came onto the market last week, a decline of 17.8% compared to last year at this time. 902 properties went pending, an INCREASE of 1.7% compared to last year at this time. And the overall inventory levels remain at 33,354, a decrease of 2% compared to last year. Average days on market also dropped from last month to 154 days. Currently there are 7.53 houses for every one buyer here in the Minneapolis real estate market.
Year to date, The Minnesota Real Estate Team continues to see increased activity for our buyers and seller. We have 237 accepted closings on the books, an increase of over 69% compared to last year alone.
Check out our free investment property seminars at www.InvestmentPropertyGuys.com
Also call us at 952-649-1456 if you would like more information about our Guaranteed Sale program here in Minnesota.
Posted By: Ryan O'Neill @ 4:18:11 PMTop
Show All » 2008 » May
Monday, May 19, 2008#7 RE/MAX Team in the USA!
The Minnesota Real Estate Team, the #7 RE/MAX team in the United States, continues to see increased buyer and seller activity here in 2008. Year to date, the team has 230 accepted closings on the books. We are on pace to close almost 500 homes in 2008! This sales pace brought us a Top 10 RE/MAX Team in the USA ranking here in 2008!
If you are a seller and you want results, call us today at 952-649-1456. If you are a buyer, work with the top real estate team in Minnesota! We will go to bat for you!
Locally, 2,257 new listings came onto the market this past week. This is down 15.5% compared to last year at this same time. 936 properties went pending, a decrease of only 5.3% compared to last year. And lastly, there are 33,193 active listings for sale here in the Twin Cities. This too is down 1.7% from last year at this time.
Tomorrow night, we are excited to present our free monthly real estate investing 101 seminar. For more info, go to www.InvestmentPropertyGuys.com
Look for another real estate update next week!
Posted By: Ryan O'Neill @ 7:10:50 PM
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Show All » 2008 » May
Monday, May 12, 2008The #7 RE/MAX Team in the USA in 2008!
The Minnesota Real Estate Team continued to sees increased buyer and seller activity in 2008. We found out this week we are the #7 ranked RE/MAX team in the United States in 2008!! We take pride in helping buyers and seller here in the Twin Cities marketplace. Call us today at 952-649-1456 for all of your real estate needs.
Tune in weekly to our radio show Saturdays, 3-5 PM, The Minnesota Real Estate Show on 100.3 KTLK, FM (www.MnRealEstateShow.com)
Do you have an interest in real estate investing? Check out our free monthly seminars at www.InvestmentPropertyGuys.com
How were the numbers this past week?
2,380 new mls listings came onto the market this past week, a decrease of 16.6% compared to the same time in 2007. Pendings increased from the previous week, coming in at 887. This however is also down 14% compared to 2007. Currently, there are 32,849 active properties for sale here in the Twin Cities. This thankfully is down 1.2% from 2007. The average days on market decreased to 154 days, down from 165 days the previous month.
Check back next week for another minnesota real estate update!
Posted By: Ryan O'Neill @ 7:40:47 PM
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Show All » 2008 » May
Wednesday, May 07, 2008Minneapolis Real Estate Weekly News
More upbeat news for the local Twin Cities real estate market. The current number of homes for sale, 32,448, is less than the number that was for sale at this same time last year. Thankfully, we are down 0.4% compared to last year in total number of active listings. Pending sales dropped this past week to 804. This unfortunately is a 14.6% decline compared to the same time in 2007. This past week, 2,155 new listings come onto the market, also a drop of 14.2% compared to last year.
Overall, these numbers do seem encouraging. We are seeing less homes being put onto the market, and slowly but surely, our existing inventory is continuing to shrink.
Our team, The Minnesota Real Estate Team, continues to see an increase for both buyer and seller activity. Year to date, the team has 209 closings on the books for 2008. We are seeing an increased number of investor buyers as well as first time home buyers looking to get into homeownership. We also have helped a number of sellers who have needed to short sale their home. Check out our short sale division at http://www.mnrealestateteam.com/ShortSales.asp
Please call us today at 952-649-1456 for all of your real estate questions. We are the #1 real estate team in Minnesota...here to help you with all of your real estate needs. Have a great day.
Posted By: Ryan O'Neill @ 8:39:31 AMTop
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