Twin Cities Real Estate Blog

A perspective on the Minneapolis/St. Paul housing market

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Tag: housing market bottom

Jim Cramer: Housing Market Has Bottomed

17 June, 2009 (06:40) | Community Issues, Foreclosures and Short Sales, Info for Buyers, Info for Sellers, Market Stats, Media, Mortgage Rates, Opinion | By: Aaron Dickinson - Edina Realty

Jim Cramer on Tuesday’s show stated that we’re at a housing market bottom nationally (article).  Below is the video of this segment.

While time will tell if Jim Cramer is right, on a local level I’m not ready to call a housing market bottom.  I do believe however that foreclosures have price-bottomed in our market. Unfortunately [...]

Twin Cities Home Prices Fall to 5 Year Low

13 March, 2008 (06:55) | Info for Buyers, Info for Sellers, Market Stats | By: Aaron Dickinson - Edina Realty

MAAR released figures this week that show the Median Sales Price in the 13-county Twin Cities region fell in February to $195,060… the lowest level since 2003.  Sparked by strong competition and lower demand from buyers, prices have moved sharply lower in just the last few months.
While this news isn’t exciting for sellers, it is a [...]


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