Doug Peterson's (dougiefrsh30) Blog

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Real Estate Agent - Coldwell Banker Burnet
RECENT BLOG POSTS
Over the last three weeks, the number of new listings has grown at a stronger pace than we saw in 2009. For the week ending February 20, there were 1,833 new listings, an increase of 17.7 percent from a year ago. The recent uptick is likely a combination of the typical spring increase in activity...
03/08/2010
It's becoming a wild and active spring for the Twin Cities housing market. First, pending sales ought to give REALTORS® some joy in their Easter baskets, with 1,004 reported for the week ending April 4-a 28.7 percent increase over last year and the best single week since May 2007. New listings we...
04/14/2009
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As the days get longer and the temperatures become milder, we are all looking forward to the spring home buying and selling season. This is the time of the year when more interested buyers are out looking and we're busier than ever. It is important to inform your customers of the benefits of ente...
03/09/2009
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Just a little tidbit on Short Sales.When a borrower is experiencing economic hardship the lender may agree to a short sale. This is basically discounting the loan balance to help the borrower out. When a borrower is interested in a short sale they should talk with the lender's loss mitigation dep...
03/09/2009
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Just a little tidbit on Short Sales.When a borrower is experiencing economic hardship the lender may agree to a short sale. This is basically discounting the loan balance to help the borrower out. When a borrower is interested in a short sale they should talk with the lender's loss mitigation dep...
01/06/2009
Hello and Happy New Year! As expected, all activity in the Twin Cities housing market basically flatlined during the week of the Christmas holiday, as consumers and REALTORS® alike took time away from buying and selling homes. For the week ending December 27, there were 550 new listings and 256 p...
01/06/2009
I just wanted to let everyone know that I have started a new group on facebook called Looking to Invest in Foreclosures. It is a group that anyone can join if they have questions about the foreclosure market or if they just want to see some of the topics that I discuss. Also if you would like to ...
12/09/2008
As we mentioned last week, the presence of Thanksgiving in our reporting dates is throwing off the weekly numbers considerably for last week and this week. After last week's numbers showed massive increases in listings and sales over last year, this week's numbers predictably show large decreases...
12/08/2008
Comparing weekly activity for the next two weeks will be mostly worthless for one simple reason. Thanksgiving occurred a week earlier in 2007 than it did in 2008, and the expected downward swoon which takes place during the turkey holiday makes year-over-year comparisons difficult. For instance, ...
12/02/2008
For 19 weeks out of the past 20, pending sales have been higher than during the equivalent week in 2007. There were 649 pending sales for the week ending November 15, up a healthy 19.1 percent from the same week last year. Of these newly signed purchase agreements, 53.5 percent were for lender-me...
11/25/2008
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Doug Peterson

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