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Mortgage Rates Move Down

October 9, 2025 by Jim Callahan

October 9, 2025
Mortgage rates decreased this week. Over the last few weeks, mortgage rates have settled in at their lowest level in about a year. There is growing evidence that homebuyers are digesting these lower rates and gradually are willing to move forward with buying a home, which is boosting purchase activity.

Information provided by Freddie Mac.

Filed Under: Uncategorized

New Listings and Pending Sales

October 6, 2025 by Jim Callahan

Filed Under: Uncategorized

Inventory

October 6, 2025 by Jim Callahan

Filed Under: Weekly Report

Weekly Market Report

October 6, 2025 by Jim Callahan

For Week Ending September 27, 2025

According to ATTOM’s Q2 2025 Home Equity and Underwater Report, 47.4% of mortgaged residential properties in the U.S. were considered equity-rich—defined as having at least 50% equity—in the second quarter of 2025. This marks an improvement from the first quarter, when 46.2% of mortgaged homes met that threshold, ending a trend of three consecutive quarterly declines.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING SEPTEMBER 27:

  • New Listings decreased 5.7% to 1,293
  • Pending Sales decreased 6.0% to 870
  • Inventory increased 0.2% to 10,763

FOR THE MONTH OF AUGUST:

  • Median Sales Price increased 2.8% to $400,000
  • Days on Market increased 5.0% to 42
  • Percent of Original List Price Received remained flat at 98.7%
  • Months Supply of Homes For Sale remained flat at 2.8

All comparisons are to 2024

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

Filed Under: Uncategorized

New Listings and Pending Sales

September 22, 2025 by Jim Callahan

Filed Under: Uncategorized

Inventory

September 22, 2025 by Jim Callahan

Filed Under: Weekly Report

Weekly Market Report

September 22, 2025 by Jim Callahan

For Week Ending September 13, 2025

In a rare shift for the U.S. housing market, new homes have become more affordable than existing homes. According to the U.S. Census Bureau, the median sales price of a new home was $403,800 in July, compared to $422,400 for an existing home. New-home prices have declined year-over-year for eight consecutive quarters, while existing-home prices have continued to rise.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING SEPTEMBER 13:

  • New Listings increased 7.4% to 1,570
  • Pending Sales increased 5.2% to 892
  • Inventory increased 0.5% to 10,517

FOR THE MONTH OF AUGUST:

  • Median Sales Price increased 2.8% to $400,000
  • Days on Market increased 5.0% to 42
  • Percent of Original List Price Received remained flat at 98.7%
  • Months Supply of Homes For Sale decreased 3.6% to 2.7/li>

All comparisons are to 2024

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

Filed Under: Uncategorized

Mortgage Rates Continue to Move Down

September 18, 2025 by Jim Callahan

September 18, 2025
Mortgage rates decreased yet again this week, prompting many homeowners to refinance. In fact, the share of mortgage applications that were refinances reached nearly 60%, the highest since January 2022.

Information provided by Freddie Mac.

Filed Under: Uncategorized

New Listings and Pending Sales

September 15, 2025 by Jim Callahan

Filed Under: Uncategorized

Inventory

September 15, 2025 by Jim Callahan

Filed Under: Weekly Report

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