Seller’s Market Side Effects “Twin Cities Housing Market Caught In A Supply Crunch As Demand Intensifies.” —Headline, Twin Cities Business (April 14, 2016) One of the side effects of a Seller’s market with very tight inventory is a surge in so-called “reverse contingencies,” whereby a homeowner agrees to sell only if they can find another...Read More
Explaining Why There’s Nothing for Sale: A Theory Just when Twin Cities Realtors and brokers thought local housing inventory couldn’t get any tighter . . . it did. As of this week, there are barely over 10,000 units for sale in the entire 13-county metro area. That compares with more than 30,000 units for sale...Read More