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Minnesota housing market: hot or not?

Updated: 8:40 AM CDT April 24, 2021 The market for home sales in the state of Minnesota continues to be a hot one, according to the latest figures released by Minnesota Realtors, the membership organization supporting all 22,000 realtors in the state.  Minnesota Realtors CEO Chris Galler spoke with KARE11 and gave an overview of March home sales as well as a look ahead for spring. The shortage of affordable housing continued to squeeze a heated marketed driven by rising buyer demand. Although closed sales increased +3.1% over last March, and pending sales were up +12.1%, activity was dampened by a -10.9% decline in new listings. Homes for sale were down -54.8% over last year, leaving only a one-month supply of inventory statewide.

If you re house shopping in L A s hot market, prepare to pay way more than the price tag

If you re house shopping in L.A. s hot market, prepare to pay way more than the price tag Jack Flemming © (Andy Dean Photography/stock.adobe.com) In some L.A. neighborhoods, more than half of all homes sold in March fetched more than the asking price. (Andy Dean Photography/stock.adobe.com) In Southern California, where home buyers are seasoned bidding-war combatants, demand lately has been pummeling supply so badly that some neighborhoods are seeing most homes fetch far more than owners were asking. The six-county region s median home price hit an all-time high in February of $619,750, according to the most recent data from real estate firm DQNews, as buyers strengthened by low interest rates fought over the depleted roster of homes for sale. L.A. County s median sales price rose 14.3% year over year to $708,500; San Bernardino County s median jumped 17.7% and Riverside County was up 16.5%.

Work to improve major junction on M25 near Staines now complete, says Highways England

Work to improve major junction on M25 near Staines now complete, says Highways England The £6m upgrade has made the the junction safer and easier for drivers New layout of the M25 at Junction 13 (Image: Highways England) Get the latest email updates for Surrey with our FREE daily newsletterInvalid EmailSomething went wrong, please try again later. Subscribe here When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice Major work to make the M25 near Staines safer is finally complete after over a year, Highways England has said.

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