July 2010 Twin Cities Real Estate Market Video Update—Robbed from Peter to Pay Paul
Have you ever heard that phrase? Robbing from Peter to pay Paul? That's the Twin Cities market in a nutshell. June 2010 pending sales are down 40% from June of 2009. The buyers from what is traditionally one of our busiest months, June were undoubtedly rushed into purchasing for the now expired housing tax credit. So those early spring numbers that showed so much promise, have leveled off….no surprise there. However there was one bright spot in the statistics, the average home sale's price is up and sellers are getting closer to asking price again. But there is no crystal ball to show if we are completely out of the woods.
Want to see the entire story? Take a look at the July 2010 Monthly Skinny from the Minneapolis Area Association of REALTORS.
If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give me a call or visit my website for a FREE Relocation Packet , Homebuyers Success Packet or sign up for Listingbook Twin Cities Home Search. I specialize in acreage and lakeshore properties in the north and east Twin Cities metro area including Ham Lake, Lino Lakes and all communities in the Forest Lake School District! Serving Anoka, Chisago, Ramsey and Washington Counties in Minnesota.
As a Realtor with ReMax Specialists, Teri's has worked with clients in the Twin Cities metro area over a decade. Selected as a Super Agent by Mpls/St. Paul Magazine and Twin Cities Business Monthly multiple times, her extensive sales and marketing background has allowed her to assist hundreds of clients move from across town and across the U. S. Find additional information on Teri and the Twin Cities metro real estate market and order a FREE relocation package at http://www.terieckholm.com
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acreage and lakeshore properties in the north and east Twin Cities metro area including Ham Lake, Lino Lakes and all communities in the Forest Lake School District! Serving Anoka, Chisago, Ramsey and Washington Counties in Minnesota.
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