Glenn Solberg

(612) 723-7000

Weekly Market Report

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For Week Ending June 13, 2026 The U.S. housing supply gap grew to an estimated 4.03 million homes in 2025, up from 3.8 million in 2024, according to Realtor®.com’s 2026 Housing Supply Gap Report. Last year, approximately 1.4 million households … Continue reading →

Mortgage Rates Decline

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June 18, 2026 The 30-year fixed-rate mortgage decreased this week averaging 6.47%. Incoming data continues to reflect a resilient consumer, with retail sales improving and pending home sales strengthening, suggesting purchase demand is continuing to modestly improve. The 30-year fixed-rate … Continue reading →

Weekly Market Report

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For Week Ending June 6, 2026 The U.S. median asking rent across the 50 largest metros dropped 1.7% from a year earlier to $1,673 in April, according to Realtor®.com, marking the 33rd consecutive month of year-over-year declines. Since peaking in … Continue reading →

Mortgage Rates Average 6.52%

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June 11, 2026 The 30-year fixed-rate mortgage averaged 6.52% this week. Stronger employment momentum has helped existing home sales reach a five-month high. Importantly, homebuyers are looking past the short-term rate fluctuations and actively entering the market, signaling renewed confidence … Continue reading →

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