Steve Rall - Realtor, Keller Williams Preferred Realty

11/22/2022

Sales expected to drop to lowest level since 2008, and the growing lock-in effect — the financial disincentive to sell — "will remain in a way that has not occurred in over 40 years," economists say.

07/16/2020

New Up/Down Duplex Listing Coming Soon at 5924-26 Washburn Ave South in MPLS. Both 3 bedroom/1 bath units. 2 car garage, fenced yard and tenants want to stay.

01/15/2020

New Energy Standards for City of MPLS.

January 15, 2020, the City of Minneapolis will include a new energy disclosure report in the Truth-in-Sale of Housing (TISH) program. This change will have a...

06/16/2017

This new listing will not last long !!

18807 Embers Ave, Farmington, MN, 55024, Interactive Floor Plan & Photography Presentation - PlanOmatic.com

06/08/2017

Great new Listing in Lakeville.

18698 Kanabec Ct, Lakeville, MN, 55044, Interactive Floor Plan & Photography Presentation - PlanOmatic.com

03/08/2017

Historical affordability index. 21.6% is the historical average represented by the yellow line. Many people believe that in 2005 when the index went above 22% that the housing bubble burst and home prices dropped.

03/08/2017

The chart shows what % of the median household income goes towards the principal and interest payment to purchase the median priced home in the USA. Historically any % below 22% is considered a good affordability index

03/08/2017

Interest rates stayed under 4% for the vast majority of 2016 with a slight uptick in November when the stock market went up causing interest rates to rise.

02/27/2017

The history of mortgages interest rates in the USA. We are very fortunate to have these low interest rates hang on for so long !!

02/27/2017

Months Supply of Inventory. Seller's Market or Buyer's Market ? National Statistics show the shift in the market

02/24/2017

This chart digs a little deeper into the annual appreciation numbers.