Real Estate News

Twin Cities Real Estate Market Update - Coronavirus Impact Week 3

This is our week 3 update on the impact the Covid-19 Coronavirus pandemic is having on the local Twin Cities Real Estate Market.  Check here for our Week 1 and Week 2 impact reports to watch how things have changed.

The Twin Cities real estate market is still active, but but we are now reporting all 3 key indicators are lower when compared to the same week in 2019.  These stats are provided by the Minneapolis Association of Realtors for the week ending March 28, 2020.Twin Cities Market Statistics as of March 28, 2020...

Twin Cities Real Estate Market Update - Coronavirus Impact Week 2

This is our week 2 update on the impact the Coronavirus pandemic is having on the local Twin Cities Real Estate Market.  Check here for our Week 1 impact report.

The Twin Cities real estate market continues to show signs of life, albeit at a slower pace than would normally be expected in late March.  These stats are provided by the Minneapolis Association of Realtors for the week ending March 21, 2020, which represents the second week of social distancing practices.Twin Cities Market Statistics as of March 21, 2020  New Listing inventory: up 16% over the same period in 2019.  This...

Twin Cities Real Estate Market Update - Coronavirus Impact

We are frequently asked how the Coronavirus pandemic is affecting the local Twin Cities Real Estate Market and wanted to share some thoughts from the front line.

Like everyone, this pandemic is impacting the real estate industry and is changing how we do business, but it has not shut down the real estate market.  Let’s look at some current statistics to help identify what is happening right now.  Our intention is to share this information with you weekly, so you have the most up to date information available as we navigate this unprecedented situation.

Let’s review the most recent data from the Minneapolis Association of Realtors.  This information is for the week ending March 14, 2020, which represents the early stages of our current social distancing practices.Twin Cities Market Statistics as of March 14, 2020...

What’s Happening in the Twin Cities Market?

Our median sale price has continued to rise and currently sits 10% above its previous peak. Here’s what else you need to know about our current market.

It’s time for another update on the Twin Cities real estate market. First, we have some very exciting news. Looking back, the previous peak of our market was in 2006 and 2007. During that time, the...

How Will the Tax Reform Act Impact Our Twin Cities Market?

Though there were some key changes brought to our real estate market by the new tax reform act, the majority of us won’t be affected by them.

There’s a lot of news out there about the new tax reform act, and we’ve summarized some of the key changes that will impact our real estate market the most.

The first change involves the deduction for property...

Market Update: 2017 vs. 2018

It’s time to look back at 2017 and forward to what we can predict for our market in 2018.

 

Now 2018 is underway, it’s time we take a look back at what we saw from our market in 2017, as well as look forward to what we should expect for the rest of this year.
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What’s Happening With the Twin Cities Metro Market?


What do the numbers for spring real estate in the Twin Cities metro area tell us about our market? We’ll answer that for you today.

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What’s going on with the spring real estate market in the Twin Cities metro area?

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