The Skinny Blog


 

The big story of 2016 was twofold: the median sales price reached an all-time high; while closed sales reached an 11-year high. Closed sales nearly broke their all-time record, but fell 0.3 percent short of their all-time 2004 high. Seller activity declined 1.1 percent. Near-record sales activity combined with flat-to-weaker seller activity created a supply
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As Twin Citizens hunker down for winter, home buyers haven’t requested any time off this holiday season. Pending home sales rose 9.0 percent compared to last November and are at their highest level for any November since 2004. Closed sales likely reflect a sense of haste, as buyers closed on a whopping 25.2 percent more
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  All REALTORS® are encouraged to be informed of the Inflow & Infiltration Point-of-Sale Inspection ordinance from 2016 that was passed in the city of West St. Paul. It is due to be implemented in January 1, 2017. About the Ordinance The Inflow & Infiltration Point-of-Sale Inspection requires that all single-family homes will need a
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            The Southwest Journal recently reported about rent increases in several Lyndale Neighborhood multi-family buildings. That strikes us as a good time to take the pulse of the owner-occupied or homeownership market. Lyndale neighborhood prices have risen, as have those in Powderhorn and the entire city. Lyndale prices are hovering
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2016 MAAR Grant Recipient: Minnesota Adult and Teen Challenge “I wouldn’t be sitting here right now if it weren’t for Teen Challenge,” says Christine, a graduate of the Minnesota Adult and Teen Challenge (MnTC) addiction recovery program. Now an employee of the organization, Christine reflects on her first days at MnTC, “By the time you
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Pending home sales rose 1.6 percent compared to last year and reached their highest level for any October since 2004. Sellers listed 5,249 for-sale properties on the market, 9.5 percent fewer than last October. Closed sales increased 0.8 percent to 4,791. That closed sales figure is between 2004 and 2005 levels. Although home prices have
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