The Skinny Blog


 

Abstract: There is no question we are in a rising interest rate environment. The Fed may begin to normalize rates starting in December 2015. Inflation has been low, jobs numbers have been strong, wage growth is accelerating, unemployment has fallen dramatically and the U.S. is one of the few bright spots in today’s global economy.
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Filed Under: Blog

Weather, Job Growth and Rates Boost November Market Activity With warmer than usual temperatures, impressive job and wage growth and still attractive interest rates, strong home purchase demand continued into November. Pending sales rose 18.1 percent to 3,497 signed contracts; new listings increased 11.5 percent to 3,785 homes. That’s the largest year-over-year increase since June
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Filed Under: Blog

Known to some locals as part of “The Greater East Side,” Payne-Phalen is a vibrant and diverse St. Paul neighborhood bound by 35E to the west, Larpenteur Ave to the north, the Bruce Vento trail to the east and East 7th or Phalen Blvd to the south. It’s close to downtown, shopping, regional trails and
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Filed Under: Blog

A popular and growing eastern suburb, Woodbury is the largest city in Washington County and sits less than 10 miles from downtown St. Paul. Although many residents work for 3M in nearby Maplewood, large Woodbury employers include Woodwinds Health Campus, Summit Orthopedics, The Hartford, Globe University and Target.com. An upscale, open-air mall also opened in
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Filed Under: Blog ,Pick of the Week

Home to Target Field, several renowned restaurants and pubs and a glorious stretch of downtown riverfront, the North Loop is a highly desirable area. The story of the North Loop is the story of a downtown neighborhood steeped in history and rooted in industry that has survived the condominium boom and housing bubble to transition
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October pending sales rose 3.3 percent to 4,331 contracts. New listings decreased 2.6 percent to 5,798 as fewer sellers listed their properties for sale. It should come as no surprise that inventory levels fell 16.7 percent to 14,911 active units—extending a long-standing supply crunch that is frustrating some buyers but helping sellers yield multiple offers.
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Filed Under: Blog