Hungry Twin Cities Buyers Face Limited Inventory
Want to know what’s going on in the Twin Cities housing market now in a nutshell?
It’s all in the arrows:
Employment/Job Growth: ↑
Housing Inventory (Listings): ↓
Showings: ↑
Mortgage Rates: ↓
Mortgage Applications: ↑
Rents: ↑
Net it all out, and what emerges is a picture of eager Buyers — including lots more first-time Buyers enticed by cheap money and fleeing rising rents — who are frustrated by too-few choices.
Which spells opportunity for would-be Twin Cities home sellers . . .
