Wednesday, December 19, 2007

Interest Rates have dropped again to 5.75% on December 19, 2007.

Current listing inventory - 211 active listings in Owatonna as of today, that number has climbed a bit this week. We are still in sight of our goal of seeing the listing count drop below 200 before the end of the year (but time is getting short). Average days on the market has dropped slightly to 170 days. The number of pending listings has fallen this week to 26 houses. Average days on the market for pendings is 145 days. There have been 390 properties Closed since 01-01-07, with an average days on market time of 114 days.

Buyers, if you have been sitting on the fence waiting, we are seeing so awesome deals available right now. Give us a call, 507-390-2121 or email us,

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