Get the Skinny on Real Estate Trends in Your Area!

December 2016

I've talked for most of the year about the "Theme" of Real Estate in the Twin Cities... Well it's official, the Minneapolis Area Association of Realtors is calling it the "Trend" for the year! Values are up.... Inventory is down... Values are up... Inventory is down... Values are up... Inventory is down........... The consistency of this pattern for 2016 now has an official label.  

Get the Skinny on Real Estate Trends in Your Area!

November 2016

The Theme in Real Estate for 2016 didn't change when the data was gathered for October 2016.... Values are up.... Inventory is down... Values are up... Inventory is down... Values are up... Inventory is down........... Yep, still down... 2016 is sure to go in the record books as the year of NOT ENOUGH HOMES for SALE!!! 

Housing Stats for October 2016 as compared to October 2015:

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%