St. Paul Pioneer Press

Chris Snowbeck on Price Reductions

Twin Cities Motivated Sellers The Twin Cities ranked seventh among the 50 largest cities in the U.S. in terms of the share of reduced-price listings, with 34% of for-sale listings in the 13-county metro area [seeing] price reductions as of Sept. 1. The size of the average price reduction in the Twin Cities was 9...
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Pioneer Press article

Local Reaction to Case-Shiller Numbers Apparently, Case-Shiller’s March statistics showing a 6% drop in Twin Cities house prices provoked a range of reaction, including some questioning its accuracy. Chris Snowbeck’s piece in the St. Paul Pioneer Press today, “Home Prices Dive — With an Asterisk,” does a nice job cataloguing the responses (including a quote...
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Latest Case-Shiller Numbers

“Are the Case-Shiller Numbers Right?” Chris Snowbeck at the St. Paul Pioneer Press is soliciting local Realtor and lender feedback to the latest Case-Shiller housing statistics. The (absymal) March numbers showed a record one-month fall of 6% in the Twin Cities. Snowbeck’s question to the “experts” (myself included): ‘are the Case-Shiller numbers accurate?’ Here’s what...
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