It has been a while since I have posted – things got busy with the market picking up and I was struggling balancing time between earning an income and keeping up on my blog. I will be making an effort to keep up on the market news, even with the bright spots we are not out of the woods yet!
The Minneapolis Area Association of Realtors Weekly Market Update shows continued inventory decline. The Twin Cities is now suffering a shortage of homes for sale. According to MAAR, the Twin Cities is at a 3.8 Month Supply of Homes for sale which puts this in a Seller’s Market range. Prices are nudging up as demand chases fewer and fewer home for sale.