The Wells Fargo Housing Market Index Continues to Fall

The Wells Fargo Housing Market Index Continues to Fall

The Wells Fargo Housing Market Index (HMI) is a measurement of confidence in the market of real estate insiders. It shows no data of the market, but does provide the confidence and interpretations of the housing market from experts. For the second straight month the...
Second Large Mortgage Rate Drop

Second Large Mortgage Rate Drop

Mortgage News Daily has reported another huge drop in their 30 Year Mortgage Index.  This was a .34% drop over night between November 30th and December 1st.  This is a total drop of .93% since November 9th, just 13 business days before December 1st.  Mortgage News...
Minneapolis Ranks in the Top Ten in Multi-Family Absortion

Minneapolis Ranks in the Top Ten in Multi-Family Absortion

Here is a graphic from the National Association of REALTORS October 2022 Insights Report.  Below are the top markets with the strongest multi-family absorption.  Minnesota continues to remain in the top ten cities, showing a strong, sustained growth in our...