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Posts Tagged ‘south minneapolis’

Weekly Photo Challenge: Today

Week Beginning June 1, 2012

This week’s challenge is to go out and take a photo rather than dig through our archives. I headed out with my camera, not exactly sure where I’d go or what I’d photograph. I took a lot of pictures and it was tough deciding which ones to post today. I finally settled on these garden shots because they aren’t the oft seen rose, tulip or other popular flower photos. (Yes, I have rose photos as well.)

There’s also a photo taken on the way to the garden–of a scene just begging to be photographed!

These flower photos were taken at the award-winning Lyndale Gardens by Lake Harriet in Minneapolis, Minnesota. The Lyndale Park Gardens encompasses four distinctive gardens: Rose Garden, Annual/Perennial Garden, Peace (Rock) Garden, and Perennial Trial Garden and Hummingbird/Butterfly Garden.

Read more about the weekly photo challenge at the DailyPost.wordpress.com.

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Weekly Market Activity Report

The post-tax credit malaise continues as the Twin Cities housing market comes to grips with the new normal. Pending Sales for the week ending June 26 were down 47.6 percent versus 2009 numbers—from 1,121 a year ago to 587 now. New Listings are also down from a year ago, though not to the same extreme as Pending Sales, only dropping 6.5 percent from a year ago.

With demand weakening faster than new supply, the inventory of available homes is starting to grow. The current count of 27,526 homes is 3.2 percent higher than at this time last year.

The slight growth in total inventory is happening in the face of dropping demand, which means that the balance between buyers and sellers is shifting back in the buyer’s favor. This is reflected in July’s Supply Demand Ratio of 7.44, which was a ginormous 46.9 percent over last July and means that there are 7.44 homes available for each buyer during the month of July.

As reported by the Minneapolis Area Association of Realtors

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