Market Analysis

Dec. 12, 2017

Twin Cities Housing Market: November - 2017

Despite slow winter sales volume, inventory fell to a new low during November.

The single family home market continued to move in a predictable direction in November in what appears to be the continuation of a 7 year, cyclical trend and I’ll break that down for you.

I’ll start with ...

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Posted in Market Analysis
Nov. 14, 2017

Twin Cities Housing Market: October - 2017

In the micro, the Twin Cities housing market has been softening since the end of June in a predictable, seasonal cycle.

Click here to view the live, raw data.

In the macro, we remain in the midst of one of the longest lasting and most aggressive bull markets for housing ...

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Posted in Market Analysis
March 2, 2017

Why Are Home Prices Rising So Fast?

February home sales activity resulted in the 59th consecutive, month over month gain for Twin Cities and U.S. home prices, making this one of the longest lasting bull markets for housing in U.S. history.

Why are home prices rising so fast? I believe that if we want to ...

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Posted in Market Analysis
March 1, 2017

Twin Cities' Home Prices: Record Highs

Twin Cities Market Update: 2017 - Q1
Scroll down for interactive charts of prices, inventory and sales activity.

Search the MLS  |  Instant Home Value

February home sales activity resulted in the 59th consecutive, month over month gain for Twin Cities and U.S. home prices with median prices now ...

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Posted in Market Analysis
March 8, 2016

Twin Cities' Home Prices: 10 Year High

Twin Cities Market Update: 2016 - Q1
Scroll down for a written analysis.

Search the MLS  |  Instant Home Value

56,930 homes sold and closed in the Twin Cities during 2015. That's up 13% from 2014 and that's more sales than any other year in the past ...

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Posted in Market Analysis
Jan. 25, 2016

The Re-Inflation of the U.S. Housing Bubble and the Unintended Consequences of Monetary Stimulus

More homes changed hands in the Twin Cities and in the U.S. during 2015 than any other year in the past decade and median home prices are now just 4.5 percent below their all-time peak from 2006.

But why have prices risen so high, so fast? Did the ...

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Posted in Market Analysis