State of the Twin Cities Housing Market:
Aiming at a Moving Target

Yours truly — and this blog — got a nice plug in the current (November) issue of Mpls – St. Paul magazine.

In an article titled, “The Great Uptick,” Molly Priesmeyer asks:

Is the Twin Cities housing market in full recovery?

It depends on how you spell it.

Ross Kaplan, an agent with Edina Realty who runs the City Lakes Real Estate blog, says the news is promising, but he admits it’s just one part of the big picture.  “I’ve had more multiple offers this year since any year I’ve been in real estate,” he says.  Kaplan has been an agent since 2002, during the height and downturn of the market.

“The homes in St. Louis Park, Hopkins, Linden Hills . . .  anything that has charm and convenience to the city has really been in high demand.  But those were also the places least scathed by the housing market downturn.”

–Molly Priesmeyer, “The Great Uptick”; Mpls St. Paul magazine (November, 2013)

For more insights on the Twin Cities housing market, check out Ms. Priesmeyer’s very nice article.

The Market Since Early Sept.

The only caveat I’d add to my comments in the magazine is that the state of the housing market — including the Twin Cities housing targetmarket — is a moving target.

Since I spoke with Ms. Priesmeyer in early September, the market has arguably shifted momentum at least once if not twice.

See, “January 2014 Housing Headlines TODAY.”

P.S.:  The November issue also includes the magazine’s 2013 list of Twin Cities “Super Agents.”

As previously noted, I’m one of about 100 metro agents (less than .5%) who’ve been on the list the last six years in a row.

See, “Super Agent Three-Peat (x2!!)“; “Five in a Row!“; “Super! . . . Again“; and “Many Are Text-Messaged, Few are Chosen”.

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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