Inventory has played a significant role in the Twin Cities housing market this year, with months supply (number of homes available for sale relative to actual sales) at levels not...Read More
How's the real estate market? Overall indicators point to a return to normalcy… sellers are selling, buyers are buying, lenders are lending, builders are building. What is perhaps most significant,...Read More
The chart below recently released by the Minneapolis Area Association of REALTORS dramatically illustrates how closely home prices are tied to foreclosure activity. As foreclosures spiked up in 2007-2008, sales...Read More
Sales, prices and inventory are holding pretty steady compared to the last couple months… but also going up compared to previous years. For instance, pending sales rose dramatically through May…...Read More
Home buyers in the Twin Cities area were the most motivated they have been in the past 10 years this summer. The most recent Monthly Skinny video update from the...Read More
Sellers are thrilled and buyers frustrated that the average number of days a property is on the market until sale continues to drop. Last year's July average was 105 days...Read More
In spite of a strong seller's market, buyers are more discerning than ever. There is a growing divide in properties that sell quickly and those that are more difficult to...Read More
After years of home owners being stuck in a home that no longer fits the needs of its owners, conditions are finally becoming more favorable for move-up home buyers… The...Read More
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