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Local Market Conditions & home prices

Home sale increase means more Realtors

A Realtor® is a member of the National Association of Realtors. When home sales increase people become more interested in careers in real estate. Membership in NAR peaked in 2006 at over 1.3 million and then fell to just below

Local Market Conditions & home prices

Supply of homes for Sale in St. Paul

I like to start the week off with some numbers. There is about a three month supply of homes on the market right now in St. Paul. That means that if no more homes were put on the market in

Downtown

It could take more than 3 days

A couple of months ago I had a listing that sold in less than a week but after it was on the market for 3 days the seller called me in a panic. She was afraid that her home wasn’t

Local Market Conditions & home prices

July Home prices by neighborhood

It is always nice to start the week out with some number and these numbers came from data in the NorthstarMLS which is deemed reliable but not guaranteed and includes most of the home sale data for St. Paul, Minnesota.

Foreclosures

2011 the good old days

Home prices hit a low in St. Paul in 2009 and then after the tax federal tax credits expired in 2010 there was a new low that hit in 2011. During that time more than 30% of the homes on

For Home buyers

Best purchase market for Millennials

” NAR analyzed 100 metro areas that have a large Millennial presence, solid local job market conditions and strong migration patterns of young adults moving to that particular area to determine the best purchase prospects for young buyers. Housing affordability and inventory availability were also

Contact

Teresa Boardman
Realtor®, MN,
Licensed Broker
Saint Paul Home Realty
651-216-4603
teresa(at)tboardman.com
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