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...Read More
Clean vs. Cluttery Offers With multiple offers breaking out all over the Twin Cities housing market now, it’s a smart idea for prospective Buyers competing for a home to know what, besides price, is likely to set their offer apart . . . for both good and bad. Good: a short, clean offer with a...Read More
Housing Market Micro-Statistics [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.] Yeah, yeah, I know all about the S&P/Case-Shiller index, the National Association of Realtors’ Pending Home Sales Index, the Minneapolis Area Association of Realtors’ monthly sales statistics...Read More
