Weekly Twin Cities Real Estate Market Activity Report

OK I lied...This is the last one of the year.

Savvy buyers actively looking for a home to buy are in the driver's seat in the Twin Cities housing market. The supply of homes for sale continues to set records, with new listings for the week ending December 22 rising above the same week last year by 17.2 percent. Approximately 51 percent of these properties are re-lists that have already been on the market in 2007—a common ratio during the holiday season. Pending sales declined by 9.3 percent for the same time comparison. This is an improvement over the lackluster numbers seen last week.

HAPPY
NEW
YEAR!

"Champagne for my real friends...real pain for my sham friends."
-Tom Waits