Twin Cities Real Estate Market Update February 2020

This months Twin Cities Real Estate Market Update. The big news this week is not inventory or sales prices, it’s Interest Rates! The average 30 year interest rate hit the lowest point in 50 years – 50 years! – at an average of about 3.29% For most of you it’s lower than it’s been your whole life!

And what does that mean to you? More buying power! And if you have a home to sell, this can get you one step closer to your dream home!
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Real estate is local, and this affects your home value. If you want to know the new value of your home, reach out to Myra Jensen at BRIX Real Estate⁠.

Click here to get your instant estimated home value.

Twin Cities Real Estate Market Daily Update:

Number of Homes for Sale

Average Days on Market

Average Sales Price

Months Supply