Tuesday, September 16th, 2014
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Normalization is the word of the day when describing real estate markets these days. Market recovery has taken hold in most parts of the nation, and as those markets approach prior peaks, price growth may come in line with more normal historical levels. In the short-term, this may mean some metrics exhibit year-over-year declines, but the long-term trend is still higher. While everyone is entitled to their theories, the slow-but-steady path we've seen in recent months is beginning to match a pattern we have seen for decades.

In the Twin Cities region, for the week ending September 6:

 • New Listings increased 9.0% to 1,653
 • Pending Sales increased 1.4% to 879
 • Inventory increased 9.7% to 18,320

For the month of August:

 • Median Sales Price increased 5.3% to $219,000
 • Days on Market decreased 2.9% to 68
 • Percent of Original List Price Received decreased 0.7% to 96.3%
 • Months Supply of Inventory increased 15.8% to 4.4


Thursday, September 11th, 2014
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The KCM Crew

We are often asked why there is so much paperwork mandated by the bank for a mortgage loan application when buying a home today. It seems that the bank needs to know everything about us and requires three separate sources to validate each and every entry on the application form. Many buyers are being told by friends and family that the process was a hundred times easier when they bought their home ten to twenty years ago.

There are two very good reasons that the loan process is much more onerous on today’s buyer than perhaps any time in history.

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Tuesday, September 2nd, 2014
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As summer begins to wane, the total number of home sales will gradually drop like the leaves of fall. And although autumn is nearing, that doesn’t necessarily mean that the changing of the season will bring market chills. Because even as sales drop, sales prices are still mostly on the rise and inventory is stabilizing all across the country. And let’s not forget that lower sales figures are also due to fewer distressed properties on the market.

In the Twin Cities region, for the week ending August 23:

• New Listings increased 3.5% to 1,539
• Pending Sales increased 4.5% to 1,175
• Inventory increased 10.1% to 18,755

For the month of July:

• Median Sales Price increased 3.4% to $215,000
• Days on Market decreased 5.6% to 68
• Percent of Original List Price Received decreased 0.7% to 96.8%
• Months Supply of Inventory increased 15.8% to 4.4


Monday, September 1st, 2014
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Friday, August 29th, 2014
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The fresh-cut lawn, white picket fence, and little ones running around may sound like a dream—but first, you’ll need to know which suburbs are the best for education.

Natalie Grigson

Today at the Movoto Real Estate Blog, we’re speaking to the moms and dads out there who live in the suburbs and are just looking for the best places to educate their kids—no admittance board required.

Out of all of the places we looked at, Newton, MA came out on top. But it certainly wasn’t the only one to earn top marks. Here are the 10 best suburbs for education in America:

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