Twin Cities Real Estate Blog

When I became a Realtor in December of 2002, the housing market was already on its long march up to levels that no one thought possible.  By 2005 we had hit the peak of the market but 2006 was still extremely strong too.
One of the things that’s been largely missing since 2005/2006 is the situation [...]

Take a look at some great commentary by MAAR.  The numbers are clearly showing a peak of inventory and a bottom for buyer demand, so we see “strength” in numbers that are no longer continuing to soften.  This market has a long way to go before we’re back to “normal” but it all has to [...]

Jeff Allen @ the Minneapolis Area Association of REALTORS,�my good pal after the months of working on the Lender Mediated Sales Report together, has started what looks to become a once-a-month summary video of the highlights from the MAAR reports.  Granted the info discussed is all the positive stuff, but hey, that’s what a good [...]

Since early this year, the Twin Cities housing market has been making strong gains towards a level of what I call “peak inventory.” What I’m describing as peak inventory is the point where we see the number of houses for sale today at a level lower than last year. Well, we officially hit that in [...]