March 26, 2007

Current listing inventory - 230 active listings in Owatonna this week. Inventory popped up a few homes this week. 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 risen slightly and is 135 days. Interest rates have been staying stable for the last six weeks and are at 5.75% for a 30 year fixed on March 26th, 2007.

March 19, 2007

Current listing inventory - 228 active listings in Owatonna this week. Inventory dropped a few homes this week. 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 risen slightly and is 135 days. Interest rates have been staying stable for the last five weeks and are at 5.75% for a 30 year fixed on March 16th, 2007.

March 12, 2007

Current listing inventory - 231 active listings in Owatonna this week. Inventory had been stable over the last two weeks, however this week has jumped significantly. 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 dropped slightly and is 131 days. Interest rates have been staying stable for the last four weeks and are at 5.75% for a 30 year fixed on March 9th, 2007.

March 5, 2007

Current listing inventory - 217 active listings in Owatonna this week. Inventory has been stable over the last two weeks. 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 dropped slightly and is 134 days. Interest rates had been staying down but have crept up slightly this week and are at 5.75% for a 30 year fixed on March 5th, 2007. Tomorrow is Susan's Birthday, call her (507)475-3151 and wish her a happy brithday!