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