Monday, February 12, 2007

February 12, 2007

Current listing inventory - 213 active listings in Owatonna this week. Inventory is again edging up slightly. Levels had been trending downward over the last several months and are still down signifacantly from the high of 243 in October. Average days on the market in Owatonna has also risen slightly and is 134 days. Interest rates had been staying down but have crept up slightly this week and are at 6.125% for a 30 year fixed on February 12th, 2007.

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