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A perspective on the Minneapolis/St. Paul housing market

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Tag: housing prices

Q&A: When Will the Twin Cities Real Estate Market Hit Bottom?

8 April, 2008 (00:13) | Info for Buyers, Market Stats, Opinion, Questions and Answers | By: Aaron Dickinson - Edina Realty

This question comes up with both my clients and my coworkers: “When will we hit bottom?”
The problem with that question is that there is more than one answer.  Are we talking about:

Lowest sales price?
Fewest units sold in a month?
Highest supply of homes on the market?
Longest days on market?
Lowest (or highest) affordability?

Depending on who you are [...]


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