Tag

housing market statistic

Misleading “Days on Market”

Ten Days on the Market?  Or One?!? The housing market this Spring — at least for some kinds of homes, in some Twin Cities neighborhoods — is even hotter and faster than most people realize. That’s because a key MLS statistic that purports to track market time in fact significantly overstates how long a particular...
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More Housing Market “Vital Signs”

Key Statistics — and Vacant Sites — To Watch When the economy comes back, where will Twin Cities developers pick up?  Most likely, where they left off when the recession and downturn arrived. –Ross Kaplan, “Bare Ground — For Now“; City Lakes Real Estate Blog (2/9/2010) In a post earlier this month titled, “Halftime at...
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