Weather, Job Growth and Rates Boost November Market Activity Minneapolis, Minnesota (December 11, 2015) – With warmer than usual temperatures, impressive job and wage growth and still attractive interest rates, strong home purchase demand continued into November. Pending sales rose 18.1 percent to 3,497 signed contracts; new listings increased 11.5 percent to 3,785 homes. That’s [...]
Housing Continues to Delight as Summer Activity Starts to “Cool” Minneapolis, Minnesota (August 13, 2015) – After purchase demand reached a 10-year record high in June, the Twin Cities metropolitan housing market continued to delight in July. With the spring and summer peak buying season coming to a close, activity levels should begin to cool [...]
Pending and Closed Sales Both Reach Highest Level Since June 2005 Minneapolis, Minnesota (July 13, 2015) – The Twin Cities metropolitan housing market reached key milestones in June. Both pending purchase demand and closed unit sales officially reached 10-year highs. The last time demand was this strong was June 2005. The number of signed purchase [...]
Hometown Realty has updated our gallery of recent homes sold. Check it out on our Home page to see if you recognize any of them and please keep Hometown Realty in mind if you are looking to sell or purchase a home in and around Hutchinson, MN. Yours could be next! Another home sold [...]
Median Home Price Just Shy of Record High Amidst Strongest Demand in a Decade Minneapolis, Minnesota (June 11, 2015) – With the sole exception of inventory, every market metric showed continued improvement during May. The number of signed purchase agreements in the 13-county Twin Cities increased 19.5 percent to 6,228. That marks the highest May [...]
After three full years of price gains, recovery shows renewed vigor Minneapolis, Minnesota (March 12, 2015) – The Twin Cities housing market showed refreshed signs of strength last month, partly in anticipation of what looks to be a promising spring market as well as favorable interest rates. Buyer and seller activity surged in February. New [...]
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 [...]
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 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 [...]
Hometown Realty Winter Newsletter Did you know the value of homes in Hutchinson, MN rose nearly 12% in 2013 compared to 2012? There is no doubt the real estate market recovery in Hutchinson, McLeod County and much of Minnesota continues. Real Estate values in Hutchinson, MN increased by nearly 12% in 2013 compared to [...]
