Monday, January 22, 2007

January 22, 2007

Current listing inventory - 210 active listings in Owatonna. Inventory is creeping up slowly again this week. Levels had been trending downward over the previous ten weeks and are down from the high of 243 in October. Average days on the market in Owatonna is currently 134 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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