The Hudson housing market continued to see average home sale appreciation over the past 12 months of 12.4% through April, but the housing market correction is on its way. Research shows listings are down 11.7% from a year ago. Closed sales are down 8.1% over the past 12 months. The number of showings per listing has flat-lined from the beginning of the year. Sellers are reducing their list prices Continue Reading
St. Croix River Valley
St. Croix County WI Housing Market Correction 2022
The St. Croix County housing market continued to see average home sale appreciation of 13.2% over the past 12-months. The number of closed sales over the past 12-months is only down slightly, but there are indications a housing market correction is on its way. That the number of showings per listing are slowing. That sellers are reducing their list prices after going on the market at a faster Continue Reading
Houlton WI Housing Market Correction 2022
The Houlton WI St. Croix County housing market continued to see average home sale appreciation over the past 12-months but the housing market correction is on it's way. That the number of showings per listing are slowing. That sellers are reducing their list prices after going on the market at a faster rate. Mortgage and new construction applications are slowing. More importantly 30-year mortgage Continue Reading
Washington County MN Housing Market Correction 2022
Washington County MN housing market is just starting to show the early stages of a housing market correction. The average sales price did appreciate 8.3% over the past 12-months, but the number of new listings dropped 5%, and the number of closed sales dropped 4.5%. The number of showings per listing are declining. More sellers are reducing their list prices after going on the market at a faster Continue Reading
Stillwater MN Housing Market Correction 2022
The Stillwater MN housing market continues to be strong with an average home sale appreciation of 16.1% over the past 12 months, but the housing market correction is on its way. Research shows new listings are down 9.1%, and closed sales are down 3.2% from a year ago. The number of showings per listing is slowing. Sellers are reducing their list prices after going on the market at a faster rate. Continue Reading
Woodbury MN Wedgewood Luxury Home Realtors
Woodbury MN Wedgewood Luxury Home Realtors - John & Becky Durham showing a beautiful property in Woodbury's premier neighborhood! Brief description of home: Home is off the market and no longer for sale! Custom built, single family home by Derrick Construction. 4-bedrooms on one-level located in premier Wedgewood Heights neighborhood, cul-de-sac, Continue Reading