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Market Update

Interest Rates and the Twin Cities: Market Update Nov. 2024

November 2024 As we enter the fourth quarter of 2024, it is an ideal time to reflect on what has happened this year and consider what might lie ahead in 2025. This year began with unusually high mortgage interest rates which led to sluggish sa...

Twin Cities Housing Market Update:

May 2024 It has been another interesting spring for the Twin Cities residential real estate market. Despite relatively high mortgage interest rates and low listing supply, sales have been strong so far this year in our market. Two key factors ...

Twin Cities Housing Market Update

February 2024 As the Twin Cities housing market thaws out from its annual winter slowdown, it is an appropriate time to look back at 2023 and peek into what may transpire in 2024. Last year was a tough year for the residential real estate mark...

First-Quarter Market Update

It has been an interesting first quarter for the Twin Cities residential real estate market. Some aspects, such as low listing inventory and increasing prices, have remained the same. There are other aspects that are new and somewhat unpredicta...