Tuesday, December 26, 2006

December 26, 2006

Current listing inventory - 202 active listings in Owatonna. Inventory is slowly declining for the last four weeks and has been trending downward over the last eight weeks and is down from the high of 243 in October. Average days on the market in Owatonna is currently 134 days, this had been trending upward slightly but has held steady for two weeks. Interest rates ticked up just a bit last week but continue to be very favorable and are at 5.75% for a 30 year fixed on December 26th, 2006. Happy New Year to All!!

Monday, December 18, 2006

December 18, 2006

Current listing inventory - 206 active listings in Owatonna. Inventory is slowly declining for the last 3 weeks and has been trending downward over the last seven weeks and is down from the high of 243 in October. Average days on the market in Owatonna is currently 134 days, this has been trending upward slightly. Interest rates ticked up just a bit last week but continue to be very favorable and are at 5.75% for a 30 year fixed on December 15th, 2006. Merry Christmas to Everyone!!

Monday, December 11, 2006

December 11, 2006

Current listing inventory - 213 active listings in Owatonna. Inventory is holding stable for the last 2 weeks and has been slowly declining over the last six weeks and is down from the high of 243 in October. Average days on the market in Owatonna is currently 132 days. Interest rates continue to be very favorable and are at 5.625% for a 30 year fixed on December 11th, 2006

Monday, December 4, 2006

December 4, 2006

Current listing inventory -212 active listings in Owatonna. Inventory is slowly declining over the last five weeks and is down from the high of 243 in October. Average days on the market in Owatonna is currently 132 days. Interest rates continue to decline and are down to 5.625% for a 30 year fixed on December 4th, 2006

Thursday, November 30, 2006

November 27, 2006

Current listing inventory - 218 active listings in Owatonna. Inventory is slowly declining over the last four weeks and is down from the high of 243 in October. Average days on the market in Owatonna is currently 131 days. Interest rates continue to be very good and were stable at 5.75% for a 30 year fixed on November 24th.

Monday, November 20, 2006

November 20, 2006

Current listing inventory - 219 active listings in Owatonna. Inventory is holding stable for the last three weeks and is down from the high of 243 in October. Average days on the market in Owatonna is currently 129 days. Interest rates continue to be very good and were stable at 5.75% for a 30 year fixed on November 16th.

Monday, November 13, 2006

November 13, 2006

Current listing inventory - 229 active listings in Owatonna. Inventory is holding stable for the last two weeks and is down from the high of 243 in October. Average days on the market in Owatonna is currently 126 days. Interest rates continue to be very good and were down to 5.75% for a 30 year fixed on November 9th.

Friday, November 10, 2006

Here we go!

Well as 2006 is coming to a close, Susan & I are jumping into the world of blogging. We are doing our best to try and stay current with technology. Too bad we have to work because it would be easier if we had more time to do all of this. Oh well if we have to we can ask our kids or for the really tough questions maybe our grandkids. Now if we can just get the VCR to stop blinking 12:00.