September Market Update
Interest rates in August and early September continued to hover below 6%…. currently as low as 5 5/8 on a 30 year fixed mortgage. This decline and the “back to school season” lead to a stronger August than July. Housing inventory continues to climb and is quickly becoming a buyer’s market. From now until February, home sales progressively slow before the seasonal “Spring Market” begins in March.
Posted by Aaron Dickinson - Edina Realty on 09-10-2004 at 12:09 pm
Posted in General
September 2006 Market Statistics for Minneapolis/St. Paul-Housing Starts Down 49% - This is Great News!-July Market Update-Twin Cities Inventory Falling-
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