. . . on Housing Prices

Yes, I’m aware that it’s “Spring Forward, Fall Back” — and that everyone needs to set their clocks one hour ahead this Saturday night.

However, the clock (at left) refers to housing prices:  depending on the market and neighborhood, on average homes now fetch what they did 6-8 years ago (or even further back).

Even that stunning reversal understates things, when you consider that very few other things still cost what they did in 2004.

In particular, cars, health care, college tuition and practically every other big ticket item on families’ list of expenditures is up considerably since then (not to mention “small” items like food, utilities, cable TV, tickets to sporting events, etc.).

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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