Glenn Solberg

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Inventory

May 28, 2024 by Glenn Solberg

Filed Under: Weekly Report

Weekly Market Report

May 28, 2024 by Glenn Solberg

For Week Ending May 18, 2024 According to the 2021 American Housing Survey, approximately 10.2 million households bought and moved to a new home in the two years preceding the date the survey was conducted. Of those, 40% of buyers … Continue reading →

Filed Under: Weekly Report

Mortgage Rates Drop Below Seven Percent

May 23, 2024 by Glenn Solberg

May 23, 2024 Spring homebuyers received an unexpected windfall this week, as mortgage rates fell below the seven percent threshold for the first time in over a month. Although this week’s data on previously owned home sales showed a decline, … Continue reading →

Filed Under: Monthly Skinny Video

Existing Home Sales

May 23, 2024 by Glenn Solberg

Filed Under: St Paul Pioneer Press

April Monthly Skinny Video

May 23, 2024 by Glenn Solberg

Filed Under: Monthly Skinny Video

New Listings and Pending Sales

May 20, 2024 by Glenn Solberg

Filed Under: The Skinny

Inventory

May 20, 2024 by Glenn Solberg

Filed Under: Weekly Report

Weekly Market Report

May 20, 2024 by Glenn Solberg

For Week Ending May 11, 2024 The trend toward building smaller homes continues, as America’s homebuilders respond to demand for more affordable housing. According to the U.S. Census Bureau, median single-family home sizes declined 4% annually in 2023 to 2,179 … Continue reading →

Filed Under: Weekly Report

Mortgage Rates Continue to Decrease

May 16, 2024 by Glenn Solberg

May 16, 2024 Mortgage rates decreased for the second consecutive week. Given the news that inflation eased slightly, the 10-year Treasury yield dipped, leading to lower mortgage rates. The decrease in rates, albeit small, may provide a bit more wiggle … Continue reading →

Filed Under: Monthly Skinny Video

April Housing Market Report

May 16, 2024 by Glenn Solberg

Listings are up more than sales meaning buyers are seeing more options Signed purchase agreements rose 8.5%; new listings up 20.9% The median sales price increased 4.1% to $385,250 Market times fell 2.2% to 45 days; inventory up 14.1% to … Continue reading →

Filed Under: The Skinny

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