Market Insight

April 27, 2022

Mortgage rates hit 11-year high, Twin Cities' home prices continue seasonal rise

(Data Sources: You can track Twin Cities housing market trends here. You can track mortgage rates here. You can track home builder confidence here. You can track lumber prices here.)

As the Federal Reserve has continued to ramp up tough talk on inflation and rate hikes, bond yields and mortgage ...

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Posted in Market Insight
March 17, 2022

The spring market begins with the lowest inventory ever, mortgage rates continue to rise

(Data Sources: You can track Twin Cities housing market trends here. You can track mortgage rates here. You can track home builder confidence here. You can track lumber prices here.)

The spring housing market of 2022 has kicked into gear in the Twin Cities with record low inventory as a ...

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Posted in Market Insight
Feb. 9, 2022

Will rising mortgage rates take a bite out of Twin Cities' home price inflation in 2022?

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

(Sources: You can track Twin Cities housing market trends here. You can track mortgage rates here. You can track home builder confidence here. You can track lumber prices here.)

Mortgage rates moved up 15% in January to near a 2-year high, as the ...

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Posted in Market Insight
Jan. 6, 2022

Home inventory in the Twin Cities collapsed 32% to a new all-time low in December

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

(Sources: You can track Twin Cities housing market trends here. You can track mortgage rates here. You can track home builder confidence here. You can track lumber prices here.)

Home inventory in the Twin Cities fell 32% in December to 4,287 units ...

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Posted in Market Insight
Dec. 21, 2021

Home inventory fell 22% in November as the market continues its winter consolidation

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

(Sources: You can track Twin Cities housing market trends here. You can track mortgage rates here. You can track home builder confidence here. You can track lumber prices here.)

The Twin Cities housing market continues to follow the prototypical winter consolidation cycle by ...

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Posted in Market Insight
Nov. 23, 2021

Market cycle normalizing, mortgage rates ticking up, lumber prices re-inflating

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

(Sources: You can track Twin Cities housing market trends here. You can track mortgage rates here. You can track home builder confidence here. You can track lumber prices here.)

The Twin Cities housing market cycle appears to be normalizing as pandemic related impacts ...

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Posted in Market Insight
Sept. 3, 2021

2021's epic rate of inflation for Twin Cities' home prices shows signs of seasonal cooling

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

(Sources: You can track Twin Cities housing market trends here. You can track mortgage rates here. You can track home builder confidence here. You can track lumber prices here.)

As of August 30th, the median home price in the Twin Cities is up ...

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Posted in Market Insight
Feb. 19, 2021

Twin Cities' home prices are set to explode during the spring and summer 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