Get the Skinny on Real Estate Trends in Your Area! January 2016

The Minneapolis Area Association of Realtors has released the December 2015 statistics. The link below is predicting a 'balanced market' in 2016. I'm not sure how... Maybe the predicted interest rate increases will slow things down a bit, but with inventory levels this low. It will take a lot of houses to balance this market. 

December #'s

Closed Sales up 12.1%

Pending Sales up 12.3%

Number of Homes for Sale down 21.8% leaving...

Albertville Soon to be Home to a New

MN Entertainment Venue!!!

 

Breaking Ground this Summer, 2016, an AMAZING entertainment location that can be enjoyed year round! It is noted that the waterpark will be 50,000 sq ft!!! A new Marriott Hotel with 275 rooms will also be built to accommodate the waterpark!

 

It is thought that this new entertainment venue will create 2,000 more jobs! What great news for the area!!!

Click here to read the full Star and Tribune article!

 

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Rachel Fredrickson
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