Glenn Solberg

(612) 723-7000

Weekly Market Report

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For Week Ending July 12, 2025 As housing inventory builds up, an increasing number of U.S. homebuilders have been making price reductions to help boost new-home sales. According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index … Continue reading →

Weekly Market Report

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For Week Ending July 5, 2025 U.S. pending home sales rose more than expected, climbing 1.8% month-over-month and 1.1% year-over-year, according to the National Association of Realtors®. All four regions reported monthly increases, with the West recording the largest gain. … Continue reading →

Mortgage Rates Tick Up

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July 10, 2025 After declining for five consecutive weeks, the 30-year fixed-rate mortgage moved slightly higher following a stronger than expected jobs report. Despite ongoing affordability challenges in the housing market, home purchase and refinance applications are responding to the … Continue reading →

Weekly Market Report

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For Week Ending June 28, 2025 Middle-income buyers—those earning between $75,000 and $100,000 annually—can afford 21.2% of all home listings, up from 20.8% a year ago, according to a new report from the National Association of Realtors® and Realtor®.com. While … Continue reading →

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