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23
May
April 2017: Twin Cities Real Estate Market Update
Posted by
If you are thinking about selling your home, seriously, get on it! Average days on the market are down a whopping 20.5 percent!
The employment landscape and wages have both improved over the last few years, allowing for more people to participate in the home-buying process. When the economy is in good working order, as it is now, it creates opportunities in residential real estate and right now is a potentially lucrative time to sell a home. Houses that show well and are priced correctly have been selling quickly, often at higher prices than asking.
If you are looking to buy, it is more important than ever to have your finances in order before you start looking at homes. Your dream home could slip right through your fingers before you even have a chance to make an offer.
Source: Minneapolis Area Association of Realtors®, Monthly Indicators Report. All data comes from NorthstarMLS. http://maar.stats.10kresearch.com/reports
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