real estate market: Down market? No way! - 09/18/08 01:56 PM
Yes I live in the state (MN) that's #2 in home ownership.  Yes, I live in Stewartville, MN...near Rochester...home of one of the most stable real estate markets in the country. (A big thanks to Mayo Clinic and IBM!)  Yet even though I've been personally blessed in real estate because of where I live, that doesn't mean we haven't felt the crunch too.
Here's what I know:
Inventory in our area has been steadily decreasing for 9 months Interest Rates have done some positive things:    April 15  5.875.....May 13 6.0.....June 11  6.375....July 22  6.75.....Sept 15  5.875 80% of home buyers today … (2 comments)

 
Aaron Jones (Coldwell Banker Burnet)

Aaron Jones

Rochester, MN

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Coldwell Banker Burnet

Address: 140 Elton Hills Ln NW, Rochester, MN 55901

Mobile: (507) 254-6265

Office: (507) 252-6883

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"Minnesota Nice" with a touch of real estate insights for agents, consumers, & everyday people like you & me.


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