Market Insight

Feb. 19, 2021

Twin Cities' home prices are set to explode during the spring of 2021

By Nick Leyendecker, Co-Founder | Broker | REALTOR®

You can track Twin Cities housing market data here. You can track mortgage rates here. You can track home builder confidence here. You can track showing activity here.

As the U.S. dollar continues to devalue, the setup heading into the spring housing ...

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Posted in Market Insight
Dec. 29, 2020

Home inventory in the Twin Cities has just fallen to a new historical low, mortgage rates fall further

You can track Twin Cities housing market data here. You can track mortgage rates here. You can track home builder confidence here. You can track showing activity here.

Twin Cities Housing Market: December - 2020

One of the three primary impacts that the pandemic has had on the Twin Cities housing ...

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Posted in Market Insight
Nov. 24, 2020

The seasonal slowdown has finally begun, but it is different this year, as the pandemic continues to cause distortions in the housing market

Twin Cities Housing Market: October + November - 2020

You can track the Twin Cities housing market data here. You can track mortgage rates here. You can track home builder confidence here.

The median home price held at a record high of $315,000 in October while mortgage rates continued to fall ...

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Posted in Market Insight
Sept. 29, 2020

Homebuilder confidence hit a record high in September as rates hit record lows and city dwellers moved further out due to the pandemic

Twin Cities Housing Market: September - 2020

You can track the Twin Cities housing market data here. You can track mortgage rates here. You can track home builder confidence here.

At $315,000, yet another record for the Twin Cities’ median home price was set in August as COVID-19’s impact on ...

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Posted in Market Insight
Sept. 1, 2020

The median home price hit a new record high in July, mortgage delinquency issues remain

Twin Cities Housing Market: August - 2020

You can track the Twin Cities housing market data here. You can track mortgage rates here. You can track home builder confidence here.

For the first time in recorded history, the median home price in the Twin Cities for closed sales in the month ...

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Posted in Market Insight
July 28, 2020

The spring market picked up in June where it had begun, prior to the COVID-19 related pause

Twin Cities Housing Market: June & July - 2020

You can track the Twin Cities housing market data here. You can track mortgage rates here. You can track home builder confidence here.

The median home price in the Twin Cities fell 3% in May from the COVID-19 related pause in April ...

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Posted in Market Insight
June 11, 2020

Home prices moved up in April as COVID-19 impacted inventory more than demand, record mortgage forbearance in the US

Twin Cities Housing Market: May - 2020

You can track the Twin Cities housing market data here. You can track mortgage rates here. You can track home builder confidence here.

The median home price in the Twin Cities moved past $300K for the first time ever in April setting a new ...

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Posted in Market Insight
May 1, 2020

Home builder confidence collapsed in April, COVID-19's impact eased, prices continued to rise in March

Twin Cities Housing Market: April - 2020

You can track the Twin Cities housing market data here. You can track mortgage rates here. You can track home builder confidence here.

Home builder confidence nationwide suffered the largest month over month decline in the history of the index, in April.

Despite COVID-19’s ...

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Posted in Market Insight
April 1, 2020

The median home price exploded to the upside in February, COVID-19 hit US economy

Twin Cities Housing Market: March - 2020

You can track the Twin Cities housing market data here. You can track mortgage rates here. You can track home builder confidence here

The median home price in the Twin Cities exploded to the upside with a 4% gain in February. That is the ...

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Posted in Market Insight
Feb. 25, 2020

Inventory fell to a new record low in January setting the stage for a strong rise in home prices this spring

Twin Cities Housing Market: February - 2020

You can track the Twin Cities housing market data here. You can track mortgage rates here. You can track home builder confidence here.

The home inventory level in the Twin Cities has fallen to a new record low ahead of the spring market, which ...

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Posted in Market Insight