Dennis Holmquist

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Inventory

December 22, 2025 by

Filed Under: Inventory

Weekly Market Report

December 22, 2025 by

For Week Ending December 13, 2025

The share of first-time homebuyers fell to a record low of 21% in 2025, while the median age of first-time buyers climbed to an all-time high of 40, according to the National Association of Realtors®’ 2025 Profile of Home Buyers and Sellers. Among first-time buyers, the leading sources of down payments were personal savings (59%), financial assets such as 401(k) accounts or stocks (26%), and gifts or loans from family and friends (22%).

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING DECEMBER 13:

  • New Listings decreased 11.6% to 658
  • Pending Sales decreased 17.9% to 545
  • Inventory decreased 2.0% to 8,775

FOR THE MONTH OF NOVEMBER:

  • Median Sales Price increased 2.8% to $386,647
  • Days on Market remained flat at 50
  • Percent of Original List Price Received decreased 0.2% to 97.4%
  • Months Supply of Homes For Sale decreased 4.0% to 2.4

All comparisons are to 2024

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

Filed Under: Uncategorized

November Monthly Skinny Video

December 22, 2025 by

Filed Under: Interest Rates

Mortgage Rates Drop Slightly

December 18, 2025 by

December 18, 2025
The average 30-year fixed-rate mortgage has remained within a narrow 10-basis point range over the last two months. With rates down half a percent over last year, purchase applications are 10% above the same time one year ago.

  • The 30-year fixed-rate mortgage averaged 6.21% as of December 18, 2025, down slightly from last week when it averaged 6.22%. A year ago at this time, the 30-year FRM averaged 6.72%.
  • The 15-year fixed-rate mortgage averaged 5.47%, down from last week when it averaged 5.54%. A year ago at this time, the 15-year FRM averaged 5.92%.

Information provided by Freddie Mac.

Filed Under: Uncategorized

New Listings and Pending Sales

December 15, 2025 by

Filed Under: Uncategorized

Inventory

December 15, 2025 by Mighty Agent

Filed Under: Inventory

Weekly Market Report

December 15, 2025 by

For Week Ending December 6, 2025

At last measure, 34% of older households (those led by someone age 65 or over) were cost burdened, according to Harvard University’s Joint Center for Housing Studies’ State of the Nation’s Housing 2025 report. Over 12.4 million of these households spent more than 30% of their income on housing, and more than half of them (6.7 million) paid over 50% in 2023.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING DECDEMBER 6:

  • New Listings decreased 2.1% to 835
  • Pending Sales decreased 8.8% to 656
  • Inventory decreased 1.4% to 9,093

FOR THE MONTH OF NOVEMBER:

  • Median Sales Price increased 2.8% to $386,647
  • Days on Market remained flat at 50
  • Percent of Original List Price Received decreased 0.2% to 97.4%
  • Months Supply of Homes For Sale decreased 4.0% to 2.4

All comparisons are to 2024

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

Filed Under: Uncategorized

Mortgage Rates Continue to Rise

December 26, 2024 by Mighty Agent

December 26, 2024
Mortgage rates increased for the second straight week, rebounding after a decline from earlier this month. While a slight improvement in new and existing home sales is encouraging, the market remains plagued by an overwhelming undersupply of homes. A strong economy can help build momentum heading into the new year and potentially boost purchase activity.

Information provided by Freddie Mac.

Filed Under: Interest Rates

Existing Home Sales

December 23, 2024 by Mighty Agent

Filed Under: Existing Home Sales

New Listings and Pending Sales

December 23, 2024 by Mighty Agent

Filed Under: Listings and Pendings

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