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November 22, 2008
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Minnesota > Bloomington


Market Conditions Summary for Bloomington, Minnesota


Reported by

Tim Murphy
as of 11/15/2008:
Bloomington is experiencing a strong buyers market and the supply of homes is increasing. With the interest rates lowering and the potential for increased rates as the year continues, now is the time to buy. Currently homes for sale in Bloomington... MORE->
About Tim Murphy

Reported by

** Craig Alger ** 952-431-9882
as of 11/15/2008:
Bloomington's market trend is like most Twin City suburban communities which it is currently is in a buyers market. Interest rates are currently experiencing slight upward... MORE->
About ** Craig Alger ** 952-431-9882

Reported by

Jerry Clifford
as of 11/6/2008:
As we near the end of the year and the election is past us most areas in the South, west and southwest metro areas are showing decrease from lsat years real estate activity. It is anticipated it will be well into 2009 before we start seeing the... MORE->
About Jerry Clifford


Average Current Market Rating: 1.3    (3 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2.7    (3 ratings)




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Falling

Rising

Navigate: Top > Minnesota > Bloomington


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 6.04%
15 Year Fixed: 5.73%
1 Year Adj: 5.29%
(U.S. Weekly Averages)

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