Mark Allen, CEO of the Minneapolis Area Association of Realtors, had this to say in his weekly market activity report:

As the Twin Cities residential real estate market trundles along through its annual year-end slowdown, buyers are showing small signs of reentering the fray following months of quietude. Newly signed purchase agreements (pending sales) for the week ending December 9 were 13 percent behind the same week in 2005. While this is still a decline, it is the third consecutive week of relative yearto-year improvement in pending sales following several months of 20 percent drops or more. New listings on the market increased 6 percent for the same weekly comparison.

Mark Allen, CEO of the Minneapolis Area Association of Realtors, had this to say in his weekly market activity report:

Activity in the Twin Cities residential real estate market rebounded for the week ending December 2 following the annual Thanksgiving pause. New listings were 6 percent greater than the same week in 2005, the first year-to-year increase in weekly seller activity since August; however, pending sales were down by 15 percent relative to the same week last year.

Mark Allen, CEO of the Minneapolis Area Association of Realtors, had this to say in his weekly market activity report:

Discerning chart viewers will notice a roller coaster-like plunge in buyer and seller activity for the week ending November 25, and those with an even keener eye for detail will notice a similar drop exactly one year earlier. The answer for this annual dip can be explained with turkey, mashed potatoes and stuffing. Activity should rebound in the coming weeks before an end-of-year slowdown during the Christmas and New Year’s holidays.

Mark Allen, CEO of the Minneapolis Area Association of Realtors, had this to say in his weekly market activity report:

The number of homes for sale in our regional housing market continues to decline, both seasonally and relative to the performance of previous years. There are currently just under 29,000 single-family units for sale in the 13-county Twin Cities metropolitan area, down more than 2,700 from the inventory peak in late August. Compared to the same time last year, inventory is currently up 22 percent. For much of 2006, inventory levels were more than 40 percent higher than they had been in 2005, but real declines in seller activity have taken a bite out of this growth.

Mark Allen, CEO of the Minneapolis Area Association of Realtors, had this to say in his weekly market activity report:

Residential housing sales remain relatively slow in the Twin Cities as we move towards the impending holiday market pause. For the week ending November 4, pending sales were down 24 percent from the same time in 2005. Slowing further shift in the buyer’s favor is a substantial decline in seller activity; new listings were down 12 percent from the same week-to-week comparison.