Short-Term Forecast
Twin Cities real estate pro’s are anticipating a slow-down from this Spring’s torrid pace sometime later this Summer.
Why?
a. Rising interest rates;
b. Projected low levels of inventory;
c. Declining home affordability, especially in the market’s lower rungs most popular with first-time Buyers;
d. Cumulative agent exhaustion.
Correct answer: all of the above.
Minus the part about fewer closings, most (very) active agents would welcome a bit slower pace right now . . .
