Austin, MN Real Estate News

By The Bartley Group SouthEast MN Real Estate
(Coldwell Banker Home Connection)
Interest Rates have climbed a bit and they are currently at 6.00% for a 30 year fixed on Friday June 6, 2008. Current real estate listing inventory - 239 active listings in Austin as of today. Listing count has climbed just a littlesince the last post. The fact that it is continuing to climb is something we need to watch carefully There are 29 properties currently pending, that is down just a lot from the last post. Some of this was to be expected because the end of May is typically a very busy time for closings. However we would liked to have seen the count maintain itself a little bit stronger. There have been 148 properties Closed so far in 2008. We had expected to see this count jump up a lot at the end of the month and it did. The good news is that properties are continuing to sel...
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