Wednesday, December 23, 2009

Twin Cities Market Activity Report - WE 12/21

Twin Cities Market Activity Report - WE 12/21

‘Twas the week before Christmas, and all through the market,
Realtors were selling houses in the Twin Cities, some wearing
parkas.

For the week ending December twelfth there was such a clatter,
Pending sales flattened out, unlike a step ladder.
542 for the week, which was 2.5 percent under last year,
When market volatility was in the stratosphere.
New listings were down to a more normal fashion,
With 1,028 added this week, a stable ration.

Santa may be bringing sellers some Christmas luck,
With the laws of supply and demand in flux.
“On Original Price, on Days on Market!” he calls,
But Housing Affordability makes sellers feel mighty tall.
With just one week left in the year 2009,
The Twin Town Market looks to end just fine.

provided by the Minneapolis Assoc. of REALTORS


CHAD ELLIOT, REALTOR©

The Hennepin Group, LLC

Keller Williams Realty

17205 Yale Street NW, Suite D
Elk River, Minnesota, 55330


Mobile: (651) 795-1147

Fax: (763) 241-0187

Email: chadelliot@kw.com