The Minneapolis Area Association of REALTORS® just released the March monthly skinny video a few days ago. From the information provided it appears that snowy weather didn't slow down the home buyers in the Twin Cities market. Over 3500 purchase agreements were written during the last month. And which sellers were on the receiving end of those purchase agreements? Traditional sellers at lower price points (as opposed to lender-mediated or bank-owned properties). This is no doubt due to buyers wanting to get an agreement accepted or countered in a timely manner combined with traditional sellers willingness to negotiate as the deadline to the $8000/$6500 tax credit looms nearer. Check out the video for a full recap of the housing market in the Twin Cities area.
Looking for home sales statistics on a specific community? Check out this link to see snapshots and detailed reports on 20 different north metro communities including Ham Lake, Blaine, Forest Lake and White Bear Lake:
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Information on the housing market and tips on how to buy and sell a home in Minneapolis/St Paul. Specializing in Lakeshore and Acreage homes.
Rent Continues to Rise in Minneapolis & St Paul MN
The September Rent report just released by ABODO shows te average rate to lease a one bedroom apartment in St Paul to be increasing ...
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Minnesota's state motto claims we live in the land of 10,000 lakes, yet there is actually over 12,000 in this great northern state. ... -
As a REALTOR® who works in the north and east Minneapolis/St Paul metro, one of my favorite things to do is provide people with a compar...