Monday, January 8, 2007

January 8, 2007

Current listing inventory - 195 active listings in Owatonna. Inventory is holding steady for the last two weeks and has been trending downward over the last ten weeks and is down from the high of 243 in October. Average days on the market in Owatonna is currently 135 days. Interest rates continue to be stable and are very favorable at 5.75% for a 30 year fixed on January 8th, 2007.

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