A quick look at the October 2024 housing market

Mortgage interest rates went down and then up a bit.

Mortgage interest rates

The number of homes on the market is rising and on average it takes twice as long to sell a house as it did a few months ago. Don’t get me wrong in most cases houses in St. Paul are selling in 30 days or less. Prices are not rising as quickly. We are still experiencing a seller’s market except in downtown St. Paul where the market is balanced.

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