Monday, January 15, 2007

January 15, 2007

Current listing inventory - 203 active listings in Owatonna. Inventory is creeping up slowly this week. Levels had been trending downward over the last ten weeks and are down from the high of 243 in October. Average days on the market in Owatonna is currently 133 days. Interest rates continue to be stable and are very favorable at 5.75% for a 30 year fixed on January 12th, 2007.

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