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
Making 1.7% Look Bigger Than It Is So, which chart — top or bottom — is projecting a stronger 2015 for U.S. home prices? Top one, right? Nope. Fun With Numbers Both charts project 2015 home prices increasing (a rather paltry) 1.7%, from $241,000 to $245,000 — which in fact is the blended consensus from...Read More
