The real estate market continues to be unsettled in Minnesota these days but this is still the one feature Minnesotans are looking for most when buying a new home.
Despite concerns about affordability, with housing prices rising much faster than wages, the demand continues to outstrip the supply of existing homes for sale across southeastern Minnesota.
Rochester, MN (KROC-AM News) - A limited and shrinking supply of homes for sale continues to tamp down sales of existing homes in southeastern Minnesota.
Rochester, MN (KROC AM News) - An area real estate association says 2016 was another good year for sellers of homes and current conditions indicate more of the same this year.
WASHINGTON (AP) — A rising number of Americans are preparing to renovate their homes this year, a potential boost for the economy, according to projections released Thursday by Harvard University's Joint Center for Housing Studies.
Rochester, MN (KROC AM News) - A monthly report on real estate activity in southeastern Minnesota shows both the number of closings on existing home sales and the median sales price rose in February.