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...Read More
Hanging Sheet Rock for $90k a Year Is North Dakota’s energy-driven economic boom creating ripple effects in the Twin Cities? Specifically, in the Twin Cities labor market? It would appear that way. Anecdotally, I’m now hearing of Twin Cities contractors whose labor force is depleted because of the siren call coming from western North Dakota....Read More
Labor Day Sentiments 2011, or, For Whom the (Job) Bell Tolls (Nov. 7, 2112 — Washington, D.C.) President Susan Wallace — riding last year’s surge in employment to 19.7% and the dollar’s continued appreciation against the Yen and Swiss Franc — easily coasted to victory at the polls yesterday in her bid for reelection to a second...Read More