Monday, May 9th, 2016

For Week Ending April 30, 2016

The home-purchasing season may get a bit competitive this year thanks to low mortgage rates and pent up demand. With pending sales on the rise in many markets combined with a relatively low number of homes for sale, buyers need to act quickly once they find their ideal home.

In the Twin Cities region, for the week ending April 30:

  • New Listings decreased 8.8% to 1,869
  • Pending Sales increased 5 hop over to this website.2% to 1,584
  • Inventory decreased 18.7% to 12,966

For the month of April:

  • Median Sales Price increased 7.7% to $231,500
  • Days on Market decreased 14.1% to 73
  • Percent of Original List Price Received increased 1.0% to 98.0%
  • Months Supply of Inventory decreased 27.8% to 2.6

All comparisons are to 2015

Click here for the full Weekly Market Activity Report.<a Es href=""> From The Skinny Blog.

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Posted in Weekly Report |
Monday, May 2nd, 2016

For Week Ending April 23, 2016

Despite the literal and symbolic rain on the real estate market’s parade recently, REALTORS® are keeping busy with closing finalizations and stacked showing schedules. The average days on market remains low in most price ranges across the country. Interested buyers, and their agents, have to move fast this spring in order to find the right fit.

In the Twin Cities region, for the week ending April 23:

  • New Listings decreased 1.5% to 1,942
  • Pending Sales decreased 2.9% to 1,559
  • Inventory decreased 18.5% to 12,906

For the month of March:

  • Median Sales Price increased 5.7% to $222,000
  • Days on Market decreased 17.5% to 85
  • Percent of Original List Price Received increased 0.9% to 96.8%
  • Months Supply of Inventory decreased 25.7% to 2.6

All comparisons are to 2015

Click here for the full Weekly Market Activity Report. From The Skinny Blog.

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Posted in Weekly Report |
Thursday, April 28th, 2016

Its peers outperformed FOX in terms of Oscar nominations. Time Warner Inc.'s (NYSE:TWX) Warner Bros. unit, and Sony Corp's (NYSE:SNE) Columbia Pictures and Sony Pictures Entertainment units were the outperformers. Viacom Inc.'s (NYSE:VIA) Paramount Pictures unit deserves an honorable mention with 13 nominations. Supreme Court agreed to consider the legality of online video service Aereo Inc.With the exception of Russia/CIS, the combined revenues of adidas and Reebok grew in all regions. The performance of brand adidas was particularly strong in Western Europe, China and Middle East, Africa and Asia, where sales grew at double digit rates Wholesale nfl Jerseys each. Another standout is a 9% top line growth in North America, reflecting the initial success of our brand building initiatives in this all important market.PESCA: Part of the game, that is cheap Air Jordans the phrase that the NFL Cheap NFL Jerseys is leaning on as it faces multiple lawsuits over head injuries. The NFL self preservation depends upon the argument that injuries cheap authentic jordans are part Cheap mlb Jerseys of the game. Were they to countenance bounties, that argument comes NBA Jerseys Cheap crumbling down. Gregg Williams, however, may not be part of the game very long. He left the Saints a few weeks ago to take the defensive coordinator job with the Rams, but he could be suspended for all or part of the upcoming season. Mike Pesca, NPR News, New York.A college may invite cheap jerseys china a student athlete for up to five official, cheap nfl jerseys shop expense paid visits following his first day of classes senior year. The visits can last no longer than 48 hours. The school must receive his official transcript and his SAT or cheap china jerseys ACT scores before the visit begins. But Cheap Ray Bans the NCAA enforces a football specific recruiting calendar complete with contact, evaluation, quiet and dead periods. The calendar, which is slightly different every year, ensures fair play by telling recruiters exactly when evaluation and contact is permissible.Despite the obstacles in his way, Mark was driven by the Core Desire to help raise money for a cause he felt close to. The use of the Batmobile was a huge success over four thousand people attended the event and, in just two days, raised 10 percent of the funds that were raised that year. Mark received numerous calls from other local hospitals requesting that the Batmobile pay visits to their fund raisers and visit terminally ill children.All in all, I think we've made excellent progress in addressing our churn issues and consciously optimistic that the worst is behind us. In fact, based in the favorable subscriber trends we've seen so far in the third quarter, I think we've also regained some of our lost momentum. We're seeing a terrific response to our popular NFL SUNDAY TICKET Ini offer, and as I mentioned, we're also seeing favorable voluntary churn trends. full year guidance for revenues, OPBDA and cash flow.
Posted in Monthly Skinny Video |
Thursday, April 28th, 2016
By David Arbit on Wednesday, April 27th, 2016
We don’t often talk about the national housing market, because, well, that isn’t really a thing. You read that right. There is no national housing market! The same way there is no national weather forecast. You don’t grab an umbrella in Miami based on the weather in Seattle, do you? So why would you base a decision ray ban outlet to buy or sell real property in Minneapolis on data from Phoenix, Cleveland, Las Vegas and St. Louis? You wouldn’t. Because that would be silly.

So from the standpoint of a family or individual in the midst of a local decision-making process, national data is more or less worthless. Worse, it can actually lead to negative outcomes if a local decision was made based on national figures. Perhaps a Case-Shiller report showed that home prices are rising across their 20-city composite index. But that doesn’t mean prices are rising in every neighborhood or city, or even a particular section of a neighborhood. However, when it comes to bench-marking how we’re doing in Minnesota against other states, national-scale market data can play a marginally useful role.

The folks at Keeping Current Matters (KCM) have taken information from discount oakley NAR’s Monthly REALTOR® Confidence Survey to generate a heat map showing hot spots and cold spots around the country. The darkest blue represents states where homes sell quickly (30 days and under). The darkest orange represents states where homes tend to sell in over 90 days.

As you can see (and as most agents know), Minnesota homes tend to sell quickly. Our state is in the top quintile, among a group of only five other states. It’s a safe bet that our acute inventory shortage plays a large role in this dynamic, but our extremely competitive labor market, attractive business climate, affordable housing stock, high quality of life, diversity, top-notch schools and our treasured parks and water bodies also play a big role in attracting and keeping people here. That translates into strong demand for housing, which—when combined with very low supply levels—means homes tend to sell pretty quickly.

From The Skinny Blog.

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Posted in The Skinny |
Monday, April 25th, 2016

For Week Ending April 16, 2016

Higher home prices and declining months’ supply confirm that it continues to be an excellent time to sell as we start to shift into the heart of the sales season. While construction is expected to pick up and both first-time and move-up buyers are eager to bid for the perfect home, we still need to find a solution for the ongoing problem of low inventory.

In the Twin Cities region, for the week ending April 16:

  • New Listings decreased 5.0% to 1,957
  • Pending Sales increased 5.9% to 1,506
  • Inventory decreased 19.1% to 12,592

For the month of March:

  • Median Sales Price increased 5.7% to $222,000
  • Days on Market decreased 17.5% to 85
  • Percent cheap football jerseys china of Original List Price Received increased 0.9% to 96.8%
  • Months Supply of Inventory decreased 28.6% to 2.5

All Lichtblick comparisons are to 2015

Click here for the full Weekly Market Activity Report. From The Skinny Blog.

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Posted in Weekly Report |

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