Tuesday P.M. Report

Slump continues for Minnesota housing market: Minnesota’s housing market continues to slump, with September new listings, pending sales and median sales price all down from a year ago, when a federal homebuyer tax credit helped boost the market. New listings were 10,662, down 11.3 percent from September 2008. Pending sales were 4,732, down 30.9 percent, and the median sales price was $150,450, down 2.9 percent, according to the latest numbers from the Minnesota Association of Realtors. Read full story

Sierra Bravo co-founder Luke Bucklin’s plane missing:
The president and co-founder of Sierra Bravo Corp. was missing today, along with three of his sons, after a small plane he was flying disappeared from radar over Wyoming. Luke Bucklin took off Monday afternoon from Jackson Hole Airport in a four-seat single engine Mooney 201. They had been flying for an hour when air traffic control lost radar contact while the plane was ascending to clear a mountain range, according to a post on the Bucklin family’s blog. Wind and snow have hampered Wyoming authorities’ search for the plane. Read full story

Colle+McVoy signs Schwinn, other Dorel Industries brands: Advertising firm Colle+McVoy will help sell bicycles and sportswear. It announced today that it’s become the agency of record for Dorel Industries Inc.’s recreational and leisure segment. Montreal-based Dorel’s recreational and leisure brands include Cannondale, Schwinn, GT, Mongoose, IronHorse and SUGOi. Read full story

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