Christine Hazel

MENUMENU
  • Home
  • Search
  • Featured Homes
  • For Buyers
    • Free Consultation
    • Mortgage Calculators
    • The Loan Process
    • Mortgage Glossary
    • Finding A Loan Officer
  • For Sellers
    • Free Consultation
  • News
  • About Christine
    • My Solds
    • Meet The Team
  • Contact

Weekly Market Report

June 14, 2021 by Christine Hazel

For Week Ending June 5, 2021

Fannie Mae’s new refinancing program, RefiNow™, which offers qualifying homeowners with a Fannie Mae-owned mortgage new options for refinancing their loans, officially starts on June 5th. Borrowers at or below 80% of the area’s median income may qualify for this new program, which can lower interest rates and reduce monthly payments by $50 or more. Homeowners can learn more about qualifications and their options by contacting their lender or visiting KnowYourOptions.com.

In the Twin Cities region, for the week ending June 5:

  • New Listings decreased 3.5% to 1,704
  • Pending Sales decreased 21.3% to 1,185
  • Inventory decreased 44.3% to 5,892

For the month of April:

  • Median Sales Price increased 10.2% to $336,250
  • Days on Market decreased 34.0% to 31
  • Percent of Original List Price Received increased 3.4% to 103.3%
  • Months Supply of Homes For Sale decreased 47.6% to 1.1

All comparisons are to 2020

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

Filed Under: Inventory

Christine Hazel

Christine Hazel is a full-time, dedicated Realtor licensed in Minnesota with more than 10 years of real estate experience and success... (read more)

  • Calculators
  • Finding A Loan Officer
  • The Loan Process
  • Mortgage Glossary
  • Metro Markets
  • Communities
  • Schools
  • Calculators
  • Finding A Loan Officer
  • The Loan Process
  • Mortgage Glossary
  • Metro Markets
  • Communities
  • Schools

Sign up for eNews & Updates

Get Connected on Social Media

  • Facebook Link
  • Linkedin Link

eNewsletter Archives

Greet me and meet me on social media. You can follow my new listings and changes in the marketplace on any of the following. Follow me.

Navigation

  • Calculators
  • Finding A Loan Officer
  • The Loan Process
  • Mortgage Glossary
  • Metro Markets
  • Communities
  • Schools

Keep in Touch!

Realtor & Housing
Licensed In Minnesota

All information deemed reliable but not guaranteed and should be independently verified.

Copyright © 2023 | Limelight Marketing Systems