In the Twin Cities region, for the week ending May 29 from the Minneapolis Area Association of Realtors: • New Listings increased 2.0% to 1,515• Pending Sales increased 30.6% to 1,673• Inventory decreased 45.4% to 5,837 Twin Cities Real Estate Market Update June 2021 Homes for ... Continue Reading » about Twin Cities Real Estate Market Update June 2021
Twin City real estate....."A new analysis by housing giant Freddie Mac suggests that the U.S. housing market needs 3.8 million more single-family homes nationwide to meet demand.Sam Khater, Freddie Mac’s chief economist, noted “we should have almost four million more housing units if we had kept up ... Continue Reading » about NW Metro Real Estate Market Update, May 2021
With historically low interest rates and home equity at a high, you may be starting to think about buying your next house. But how does it work to buy and sell a house at the same time? It can be risky - so here are 5 steps to take first. 1. Talk to a Realtor® Deciding to buy your next home is ... Continue Reading » about How to buy and sell a home at the same time.
Hello!I thought I would reach out with the latest update to the Twin Cities real estate market. The best phrase I can think of to describe it is "Feeding Frenzy"! We continue to see extremely low levels of homes for sale. The last two homes that I showed to buyers had 35 and 29 offers ... Continue Reading » about Twin Cities Real Estate Market Update Feb 2021 – A Seller’s Market
The market continues to be a battle ground for buyers right now with many homes under the average sales price of $355,000 selling in multiple offers. We have only 1.7 months of inventory on the market - historically low. Interest rates continue to be historically low as well, making a perfect ... Continue Reading » about February Real Estate Market Update
Right now we have historically low inventory levels, which means that there is very little competition in the Twin Cities housing market. Contact Myra Jensen at BRIX Real Estate today to discuss the market in your neighborhood and if this may be a great time for you to sell your NW Metro home! ... Continue Reading » about 10 Tips for Selling Your Home in the Winter