Minneapolis—St. Paul Real Estate Market: July 26, 2010

Weekly Market Activity Report

It’s been almost 3 months since the expiration of the federal home buyer tax credit and the market appears to have settled into something of a rhythm. With the dust settling, pending sales have become mostly fixed in the 500-to-600 per week range for the past 9 weeks.

While the dramatic drop from a year ago is certainly not positive, demand is at least holding relatively steady for the time being. The 626 purchase agreements signed for the week ending July 17 were 39.7 percent behind a year ago. For the same reporting week there were 1,618 new listings in the Twin Cities, down 10.0 percent from a year ago.

Inventory is rising due to slower demand. The 27,350 homes currently available for sale represent an increase of 4.8 percent from last year.

As reported by the Minneapolis Area Association of Realtors


Shelter the Body, Comfort the Soul

A house is a home when it shelters the body and comforts the soul.”
—Phillip Moffitt

What part of your home comforts you?

Is it a single room in your house?
Is it a piece of furniture within your home?
Is it your garden and the plants you watch grow?
Is it the food you prepare in your kitchen?


A great bathtub filled with hot water has always been a source of relaxation and comfort for me. Water in general has this effect on me, be it a river, a lake, an ocean, an outdoor shower, a swimming pool, or a deep soaking tub.

A bathroom in and of itself does not necessarily comfort my soul. Some bathrooms, such as this one, are created as much for their design as for their function. Utilitarian yet beautiful.

Plenty of natural light enhances the space. The windows are visually doubled by the use of a large wall mirror. A windowless bath benefits from the natural light that a skylight allows in.


There’s also an organic, earthy quality to this bath with its wood cabinetry, tile flooring, and colors that can easily be found in nature. The semi-opaque glass in the dividing wall reminds me of an early morning fog that will burn off once the sun rises high enough.


“The way to health is to have an aromatic bath and scented massage every day.”

What comforts your soul?


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