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April Monthly Skinny Video

Mortgage Rates Average 6.51%

May 21, 2026 The 30-year fixed-rate mortgage averaged 6.51% this week. As rates fluctuate, aspiring buyers should remember that by shopping around for the best mortgage rate and getting multiple quotes, they can potentially save thousands. The 30-year fixed-rate mortgage … Continue reading →

New Listings and Pending Sales

Inventory

Weekly Market Report

For Week Ending May 9, 2026 2026 has been the strongest spring for new listings since 2022, with listing activity up 8.7% month-over-month and 1.1% year-over-year in April, according to Realtor®.com. Among major metropolitan areas, Virginia Beach had the strongest … Continue reading →

Weekly Market Report

For Week Ending May 2, 2026 A family earning the U.S. median income of $104,200 needed to spend 34% of its income on the mortgage for a median-priced new home ($405,300) in the fourth quarter of 2025, down from 35% … Continue reading →

Existing Home Sales

Mortgage Rates Inch Down

May 14, 2026 Mortgage rates ticked down this week, averaging 6.36%. While purchase demand is softening, it remains above this time last year. Recent data also shows existing-home sales modestly edging up. The 30-year fixed-rate mortgage averaged 6.36% as of … Continue reading →

Mortgage Rates Average 6.37%

May 7, 2026 The 30 year fixed rate mortgage averaged 6.37% this week. Recent data points to slightly better conditions for buyers with a boost in new-home sales, median new-home prices being down to their lowest level since July 2021, … Continue reading →

New Listings and Pending Sales

Inventory

Weekly Market Report

For Week Ending April 25, 2026 The 30-year fixed-rate mortgage continued its downward trend, with the average rate falling to 6.23% for the week ending April 23, 2026–the lowest level in the past three spring homebuying seasons, according to Freddie … Continue reading →

Mark J Duevel

Coldwell Banker Realty

Wayzata Office

235 Lake Street East, Suite 100

Wayzata, MN 55391-1774


952.473.3000 (Office )

612.963.7128 (Mobile)

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Jeff L Martineau

Coldwell Banker Realty

Wayzata Office

235 Lake Street East, Suite 100

Wayzata, MN 55391-1774


952.473.3000 (Office )

952.210.2626 (Mobile)

MSLLC Base

Greet me and meet me on social media. You can follow my new listings and changes in the marketplace on any of the following.
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  • Search
  • Listings
  • Sales
  • Resources
    • Sellers
    • Buyers
  • About
    • Mark Duevel
    • Jeff Martineau
  • Contact
    • Contact Jeff
    • Contact Mark