Weekly Housing Market Activity Report

[DANIMAL]

Weekly Market Activity Report

As we enter the fall season, buyer activity is still on a nice little streak, posting its sixth consecutive week of double-digit year-over-year growth in pending sales. During this six-week period, there have been 5,085 purchase agreements signed in the Twin Cities housing market compared to only 3,816 during this time in 2007. For the week ending September 13, there were 783 purchase agreements signed—a jump of 23.3 percent over the same time last year.

For that same week there were 1,864 new listings—a decline of 13.4 percent from the same week last year. The total number of homes currently for sale is 31,426, which is down 9.3 percent from this time in 2007. As it does every fall, total supply should continue to decline in the months ahead.

[CleanLX]

I'm gonna get a shack.

[NOTNSS]

I'm gonna get a shack.

* cue Love Shack song

[CleanLX]

* cue Love Shack song

[Rockin'98]

Hmmm.

OMG, Dill weed! I love it!!! That is funny chit. <---- not as funny now that you changed your avatar... grrr

[Scotty07]

Weekly Market Activity Report

As we enter the fall season, buyer activity is still on a nice little streak, posting its sixth consecutive week of double-digit year-over-year growth in pending sales. During this six-week period, there have been 5,085 purchase agreements signed in the Twin Cities housing market compared to only 3,816 during this time in 2007. For the week ending September 13, there were 783 purchase agreements signed—a jump of 23.3 percent over the same time last year.

For that same week there were 1,864 new listings—a decline of 13.4 percent from the same week last year. The total number of homes currently for sale is 31,426, which is down 9.3 percent from this time in 2007. As it does every fall, total supply should continue to decline in the months ahead.

How does the 31,426 compare to this time in 2006, and 2005, if you have those numbers.

[Fosters]

How does the 31,426 compare to this time in 2006, and 2005, if you have those numbers.

That's what I was wondering... well, mainly 2006 'cause that's when I bought my tin can.

[Scotty07]

That's what I was wondering... well, mainly 2006 'cause that's when I bought my tin can.

[Fosters]

something like that, but nowhere nearly that sturdy

[Joe M]

That's what I was wondering... well, mainly 2006 'cause that's when I bought my tin can.

tins up about 11%....

[SFC]

How does the 31,426 compare to this time in 2006, and 2005, if you have those numbers.

In the fucking tank.

The news had a special about how there's all sorts of sources clamoring to talk up how great the market turnaround is. All while ignoring that it's only up because it hit so hard last year. Year over year is up... compared to two years ago it's still in the red.

[DANIMAL]

How does the 31,426 compare to this time in 2006, and 2005, if you have those numbers.

Septmber 2005 = 9336 units listed

September 2006= Couldnt find the data

[Scotty07]

Septmber 2005 = 9336 units listed

September 2006= Couldnt find the data

Guess I will wait a bit longer to sell.... .......

[Scotty07]

In the fucking tank.

The news had a special about how there's all sorts of sources clamoring to talk up how great the market turnaround is. All while ignoring that it's only up because it hit so hard last year. Year over year is up... compared to two years ago it's still in the red.

Good point, but at the same time as least it appears to be turning around. We can only hope it keeps going.

[Southern]

Guess I will wait a bit longer to sell.... .......

Good idea.