Orginal Story:May Monthly Skinny Video
Orginal Story:May Monthly Skinny Video
You’re busy – planes to catch, open homes to see and little league games to coach. But in less time than it takes to lint roll a favorite set of slacks, you can catch up on the most up-to-date and local housing market trends. Don’t clutter your brain with big data that has muddled together home sales from across the county. Get ahead of the curve by zeroing in on your region’s market and nothing else. Read on for the good stuff.
In the Twin Cities region, for the week ending May 11:
• New Listings increased 25.1% to 1,858
• Pending Sales increased 16.2% to 1,305
• Inventory decreased 27.5% to 13,556
For the month of April:
• Median Sales Price increased 12.0% to $182,000
• Days on Market decreased 28.1% to 97
• Percent of Original List Price Received increased 2.7% to 95.9%
• Months Supply of Inventory decreased 36.0% to 3.2
Orginal Story:Market Activity for May 21st 2013
By: Cara Greenberg
Wouldn’t it be nice to approach your home’s entrance with a grin instead of a grimace? Take our tips for beating a clear, safe, and stylish path to your front door.
First impressions count — not just for your friends, relatives, and the UPS guy, but for yourself. Whether it’s on an urban stoop or a Victorian front porch, your front door and the area leading up to it should extend a warm welcome to all comers — and needn’t cost a bundle.
Here’s what you can do to make welcoming happen on the cheap.
1. Clear the way for curb appeal. The path to your front door should be at least 3 feet wide so people can walk shoulder-to-shoulder, with an unobstructed view and no stumbling hazards. So get out those loppers and cut back any overhanging branches or encroaching shrubs.
Housing data also encompasses economics, politics, sociology, geography, labor markets and more. Even the largest transaction most people will ever make is susceptible to the same kinds of market forces that affect clothing choices at your favorite department store, the cost of your vacation, public transportation projects and where the next Starbucks is placed (or closed). Be watching the jobs numbers, fuel prices and election results. And keep using the best source of housing data around: your local MLS.
In the Twin Cities region, for the week ending May 4:
• New Listings increased 10.7% to 1,825
• Pending Sales increased 17.2% to 1,404
• Inventory decreased 28.0% to 13,361
For the month of April:
• Median Sales Price increased 12.0% to $182,000
• Days on Market decreased 28.1% to 97
• Percent of Original List Price Received increased 2.7% to 95.9%
• Months Supply of Inventory decreased 38.0% to 3.1
Click Here to View Full Weekly Activity Report
