(Image courtesy MAAR, click for larger version) Houses for sale in the Minneapolis/St. Paul area have been dropping since May of this year; a sharp contrast to prior years where inventory stayed high until September. New listings are down versus the same time last year and sales are so far ahead that inventory is dropping quickly. This has lead to scarcity of inventory at certain price points, types and areas. This time of year brings both colder weather and a cooler housing market. Buyer activity is lower … [Read more...]
