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MINNEAPOLIS, MN ]]> en-us 2008-05-12T14:49:47-06:00 http://www.minnesotas-real-estate.com/blog/000210.php 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 952-223-1150 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. Do you... Minneapolis Real Estate ryan_realtor 2008-05-12T14:49:47-06:00 http://www.minnesotas-real-estate.com/blog/000209.php More good 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. 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% drop compared to the same time in 2007. This past week saw 2,155 new listings come onto the market,... Minneapolis Real Estate ryan_realtor 2008-05-07T03:28:55-06:00 http://www.minnesotas-real-estate.com/blog/000208.php The tide is slowly turning here in the Twin Cities real estate market. This past week saw only 2,152 new listings come onto the market. This is down 19.6% from 2007. 893 properties went pending, a decrease of only 0.3%. And lastly, there are 32,234 active properties for sale, a decrease of 0.4% compared to last year. This is good news indeed for our market. Year to date, our team is seeing a large increase in buyer activity. We have... Minneapolis Real Estate ryan_realtor 2008-04-29T16:33:34-06:00 http://www.minnesotas-real-estate.com/blog/000207.php Finally some good news for the Minnesota real estate scene! For the week ending April 12th, there were 858 pending sales! This is only down 3.8 % from 2007. 2,156 new listings went onto the market. This is down a whopping 20.1% compared to the same time in 2007. Right now, there are 31,915 active listings on the market. This is up only 1.3% from 2007. The conclusion: more pendings, less inventory coming on the market....eventually will lead us back... Minneapolis Real Estate ryan_realtor 2008-04-22T14:56:18-06:00 http://www.minnesotas-real-estate.com/blog/000206.php 2,313 new listings came onto the market here in the Twin Cities this past week. This is a modest 0.5% decrease from 2007. 780 properties went pending, a decrease of 18.1% compared to last year at this same time. 31,615 active listings are now on the market. The overall inventory level is only 3% higher than where the market stood last year. As far as the supply/demand ratio, we have 7.96 houses on the market for every one buyer. For... Minneapolis Real Estate ryan_realtor 2008-04-14T16:38:59-06:00 http://www.minnesotas-real-estate.com/blog/000205.php More good news for the Twin Cities real estate market! 1,971 new listings came onto the market, however this was a refreshing 14.8% drop compared to last year at this exact same time! Pending sales were down only 15.9% compared to last year, with 719 properties receiving acceptable offers. Overall inventory levels went to 31,176 listings. This is only a 4.7% increase over last year. Lastly, there are currently 7.96 houses on the market for every one buyer. These numbers... Minneapolis Real Estate ryan_realtor 2008-04-08T16:27:16-06:00 http://www.minnesotas-real-estate.com/blog/000204.php Finally some good news for the Twin Cities real estate market! Only 1,774 new listings came on the market this past week. This is down 26.3% from the exact same time in 2007! In addition, 763 properties went pending. The number of newly signed purchase agreements (pendings) has been climbing each week. This too is a good sign for our market. Overall inventory levels remain at 30,904 active listings. This is up 5.5% from the same time in 2007. The... Minneapolis Real Estate ryan_realtor 2008-04-01T17:14:09-06:00 http://www.minnesotas-real-estate.com/blog/000203.php 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... Minneapolis Real Estate ryan_realtor 2008-03-25T16:06:48-06:00 http://www.minnesotas-real-estate.com/blog/000202.php 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,... Minneapolis Real Estate ryan_realtor 2008-03-18T11:09:39-06:00 http://www.minnesotas-real-estate.com/blog/000201.php 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... Minneapolis Real Estate ryan_realtor 2008-03-10T16:22:38-06:00 http://www.minnesotas-real-estate.com/blog/000200.php 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... ryan_realtor 2008-03-03T18:07:01-06:00 http://www.minnesotas-real-estate.com/blog/000199.php As the chain cuts jobs nationwide, including hundreds in Minneapolis, analysts say more store closings may be needed By Gita Sitaramiah gsitaramiah@pioneerpress.com Article Last Updated: 03/01/2008 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... General bkleinhe 2008-03-03T16:13:37-06:00 http://www.minnesotas-real-estate.com/blog/000198.php There is some good news to report this week in The Minnesota Real Estate Weekly Update! Only 1,859 new properties went onto the market, a decrease of 8.3% compared to 2007. 624 properties did receive an acceptable offer and go pending, however this is a drop of 17.8% compared to 2007. Overall, there are still 29,141 active properties for sale in the Twin Cities. This is up 12.1% from the same time in 2007. Lastly, if you look at the... Minneapolis Real Estate ryan_realtor 2008-02-25T16:15:53-06:00 http://www.minnesotas-real-estate.com/blog/000197.php The buyer's market continues to stay strong here in the Twin Cities. For the week ending February 9th, 2,125 new listings went onto the market, an increase of 1.9% compared to the same time in 2007. 634 properties went pending, a decrease of 14% compared to 2007, but an increase of almost 100 properties compared to last week. Overall inventory levels hovered around the 28,800 mark, still an increase of over 13% compared to 2007. Currently there is 8.9 months... Minneapolis Real Estate ryan_realtor 2008-02-18T16:30:51-06:00 http://www.minnesotas-real-estate.com/blog/000196.php For the week ending February 2nd, the Twin Cities metro area saw 1,930 new listings come onto the market. This is a decrease of 10.2% compared to 2007. 537 properties went pending, a drop of 28.7% compared to 2007. There are 28,803 total active listings on the market as of today. This is an increase of 13.2% compared to 2007. Average market time is now 165 days, an increase of 12.2% to 2007. Look for another market update next week!... Minneapolis Real Estate ryan_realtor 2008-02-12T15:46:04-06:00