Tuesday, July 31, 2007
Seller activity remains flat, with new listings for the week ending July 21 falling behind the same week last year by 0.5 percent. Buyer activity is even slower, with the number of newly signed purchase agreements declining by 10.2 percent for the same time period comparison.
Tuesday, July 24, 2007
You know August is approaching when temperatures are heating up and air conditioners seem to be constantly humming. Staying cool is on everyone's mind. But many home owners are equally concerned about how they can cut down on their energy consumption and reduce their monthly cooling bills. The American Council for an Energy Efficient Economy (ACEEE) has a few suggestions:
- Clean or replace air filters in air-conditioning units to keep cool air moving a reduce electricity consumption.
- Have an air conditioner tune-up performed by a qualified contractor.
Make sure your attic, which traps a lot of hot air, is adequately insulated.
- Replace old equipment. A new high-efficiency unit not only pares down utility bills; it can help you qualify for a federal income tax credit. But before you buy something new, do your research. “Often people are so desperate to replace their equipment that they don’t take the time to research the investment, locking themselves into high cooling bills and less comfort,” said ACEEE researcher Katie Ackerly.
For more information log on to www.energytaxincentives.org/consumers
Tuesday, July 10, 2007
Tuesday, July 3, 2007
As of the morning of Monday, July 2, there are 34,630 single-family housing units for sale in the Twin Cities region, up 12.2 percent from last year and 60.2 percent from two years ago. Inventory growth has been less dramatic this year due to a relative drop-off in new construction activity. One year ago, new construction housing units for sale accounted for 19.4 percent of total inventory; new units account for just 15.2 percent of inventory today.