(image courtesy MAAR) The anemic Twin Cities Pending Home Sales figures posted the last 5 weeks are both expected as well as disappointing. While us REALTORS all knew that things post-tax-credit would be slower, I for one am rested and ready to really get back at it. If we compare pending home sales since the expiration of the tax credit with historical sales for the same period, we find that the most recent weeks are more typical of November than June. That chill on sales activity is certainly being felt. … [Read more...]
