Hometown Realty was recently named Hutchinson Chamber of Commerce Business of the month for February 2015! During the radio interview on KDUZ, Cheryl Dooley from Hometown Realty explains the current shortage of homes for sale in the Hutchinson, MN area and how this is a perfect time to put your home on the market to [...]
2014 Annual Wrap-Up: Recovery Continues, Market Normalizing. Minneapolis, Minnesota (January 14, 2015) – Strong demand and higher prices were some of the positive developments seen in 2014. Market recovery continued to take hold. Sellers were motivated by rising prices and quick market times, and so they listed more properties for sale. Closed sales activity ended [...]
Recovery Plows Forward as New Condo Prices Reach Fresh Highs Minneapolis, Minnesota (December 10, 2014) – The Twin Cities regional housing market continued to make strides toward recovery in November, even as some measures appear to show unfavorable movement. Pending sales, or the number of signed purchase agreements, fell 7.5 percent in November compared to [...]
Gains in Traditional Activity Almost Offset Declines in Distressed Activity Minneapolis, Minnesota (November 12, 2014) – In October 2014, overall buyer and seller activity both cooled slightly in the 13-county Minneapolis–St. Paul metropolitan area. Pending sales declined 1.3 percent from last year, while new listings decreased 2.3 percent. Gains in traditional activity nearly offset dramatic [...]
Housing seemed to have a slow start to the spring selling season, but appearances deceive. Dig into that spring soil and you begin to unearth differences in individual areas and market segments. Inventory is slowly rising in some areas. Activity is picking up in the upper price tiers. Rents continue to climb in most metros. [...]
Minneapolis, Minnesota (June 11, 2014) – House hunters in the 13-county Twin Cities metropolitan area are finally getting more to choose from. Inventory levels were up 6.1 percent to 16,368 homes for sale in May 2014. This comes as new listings were up 3.0 percent to 8,572 and pending sales were down 9.0 percent to [...]
Traditional Sales Dominating the Twin Cities Housing Market Hometown Realty - Hutchinson, MN real estate experts Minneapolis, Minnesota (May 12, 2014) – Home sales in the 13-county Minneapolis–St. Paul metropolitan area have appeared lackluster of late on the surface, but if you turn the dirt, you’ll see more intriguing colors in the flowering [...]
Minneapolis, Minnesota (April 11, 2014) – Property rights and the housing market received a big boost this morning, as the Minneapolis City Council voted to lift the housing construction moratorium that was imposed in the southwest corner of the city on March 7, 2014. The moratorium impacted the issuance of wrecking and building permits for [...]
Traditional Segment Blooms in Minnesota Real Estate Market, Sellers More Optimistic Hometown Realty - Hutchinson, MN real estate experts Minneapolis, Minnesota (April 10, 2014) – After being cooped up for a long, cold winter, homeowners in the 13-county Minneapolis-St. Paul metropolitan area showed renewed signs of optimism in March. Seller activity rose 5.5 [...]
The same factors that catalyzed widespread market recovery in 2012 and 2013 are likely to continue in 2014, though perhaps at a more moderate pace. That's not a bad thing, since the market is returning to a stable, healthy state. Potential trends to watch for in 2014 include increased seller activity, more new construction and [...]
