HOUSING MARKET TRENDS PLYMOUTH, MAPLE GROVE MN

According to Zillow’s Real Estate Market Reports for December 2010, Plymouth home values were Down 1.6% compared to November 2010 and Down 0.2% compared to December 2009. Click Here for more info…

First Positive Bump for Home Sales Since the Tax Credit Minneapolis, Minnesota (February 11, 2011) – Pending sales increased 3.7 percent from January 2010 to land at 2,838 for January 2011. That’s the first year-over-year increase since the tax-credit salad days of April 2010. Prices slid during January 2011, as the median sales price decreased … Continue reading First Positive Bump for Home Sales Since the Tax Credit

‘Shadow’ real estate inventory may take 4 years to clear S&P: Slower liquidation rates to blame By Inman News Inman News™ February 02, 2011 It may take more than four years to clear the “shadow inventory” of distressed homes lurking on the sidelines in the U.S., a factor that’s likely to undermine real estate prices … Continue reading ‘Shadow’ real estate inventory may take 4 years to clear

What Should You Expect in 2011, Part 2 Forecasts for Inflation, the Housing Market, and Home Loan Rates   Last month, YOU Magazine shared Part 1 of our 2011 Forecast, focusing on the economy and employment. But what’s ahead for inflation, the housing market, and home loan rates this year? Read on to find out. … Continue reading What Should You Expect in 2011? Part 2

What Should You Expect in 2011, Part 1 Forecasts for the Economy and Employment – Their Impact on the Housing Market The economy and housing markets have seen some rough times the last couple of years. But the good news is last year we saw some stabilization in 2010 – and 2011 should continue on … Continue reading What Should You Expect in 2011? Part 1

States Losing Homebuyers The single biggest problem in the U.S. real estate market is simple: There are very few homebuyers. That seems obvious, but the “buyers’ strike” has caused house prices to drop, along with an epidemic of foreclosures. What’s worse — the long depression in real estate is probably not over. S&P has forecast … Continue reading States Losing Homebuyers