At this time last year the housing market was heating up as the first time home buyer tax credit was nearing its expiration. Just as soon as that tax credit expired, the Twin Cities housing market went into the meat locker for the rest of the year. Now that we're finally past both the tax credit's boost and its bust, what does 2011 hold for us? One of the key housing metrics we look at is new Pending Home Sales. These are homes for sale that have accepted offers and are on their way to closing. Here are … [Read more...]
