Mn Elite Real Estate Information

GOOD MORNING COFFEE CLUBBERS!
Every homeowner, home buyer, and Realtor is having the same conversation:
“ARE WE IN ANOTHER HOUSING BUBBLE?”
So, today while we get caffeinated - Let’s compare the 2000’s bubble to our current Twin Cities housing market.

COFFEE CLUB - Today's housing market compared to 2000's Bubble Market Is The housing market in Minneapolis Minnesota in a bubble? Don't move to Minneapolis Minnesota without watching this video first!Contact Us:👇👇👇 📱Call ...

Listen in to a group of Realtors talking, and you'll probably hear someone ask the question about "What's going on with this market"? Here's the summary of a conversation just like that held by the National Association of Real Estate Editors. Important to keep reading how our Twin Cities market is behaving to help predict what's coming down the line.

3 Issues Facing Today’s Real Estate Market Last week, the National Association of Real Estate Editors (NAREE) held their 52nd Annual Journalism Conference in Las Vegas, NV. Among the many highly anticipated sessions was one called “Top Ten Issues Affecting Real Estate™,” given by Joseph Nahas, Jr., Chair of the Counselors of Real Esta

Yesterday, we showed a chart on the TWIN CITIES REAL ESTATE markets supply being UP for the month of May. Today, we look at DEMAND (closed sales) and see that May home sales dropped to the second lowest May number in 5 years. It's too early to tell if the drop in sales is due to the April snow and low inventory, or a response to rising interest rates and rising home prices - but the next couple months will be VERY important to tell if this sellers market will continue.