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Minneapolis Area Housing Market: Bright Spots in August 2023

The sun seems to shine a little brighter in the Minneapolis real estate realm, even as the year progresses and seasons change. The latest figures for August 2023, provided by the Minneapolis Area REALTORS®, not only give a detailed overview of the current market but also highlight several reasons to be optimistic about the housing scenario in the region. Let's delve into these promising numbers.

Celebrating the Market Highlights:

T...

Your Monthly Market Update September 2023 VS 2022

A Glimpse into September's Market Movements

September's narrative is one of nuanced changes, each metric telling a part of the story of the Twin Cities' real estate market:

New Listings: The market saw a decrease in new listings by 6.4%. This contraction suggests a hesitation among sellers to enter the market, possibly awaiting more favorable conditions or reflecting a broader trend of inventory tightening across the region. Closed Sales: A...

New Listing Coming Soon On Friday  July 28th in Coon Rapids 915 116Th Avenue NW Coon Rapids, MN 55433  MLS #6404749   3 Beds 🛏️ 3  Baths 🚽 2 Car Garage 🚙 💸$325,000   Status: Coming Soon

 

  ➡️ SET UP YOUR OWN PERSONAL SHOWING HERE!  

  Description of 2915 116Th Avenue NW Coon Rapids, MN 55433 Welcome to this charming one-story home situated on a fantastic lot in Coon Rapids. These owners have enjoyed this home for over 50 years and meticulously taken care of it. O...

New Listing 14928 Oak Ridge Court W Burnsville MN 55306 MLS #6375882   4 Beds, 4 Baths, 3 Car Garage On .51 Acres   $525,000   Status: Active Residential

 

     

  Description of 14928 Oak Ridge Court W Burnsville, MN 55306 Welcome to this 2-story home in Burnsville, MN. Set on a 1/2 acre lot in a quiet cul-de-sac, this residence offers privacy and a serene atmosphere. Surrounded by lush woodlands, it provides a northern retreat feel. Conveniently located in the...

July 2023 REAL ESTATE NEWS
Brought to you by Melissa Gootee .

This months video is about a HECM loan - I'm sharing this information to all of you because you or someone you may know may want more information on this. My #1 job as a realtor is to protect my clients and their families. This does not just mean at the time of purchase or when you sell. I'm here to always serve you and protect your assets. Love to get together and share this information with...

Positive Trends in the Twin Cities

Rental & Real Estate Market

Ending The Week of July 8th,2023

In the ever-evolving world of real estate, it is crucial to stay updated on market trends and fluctuations. The recent Weekly Market Activity Report provides valuable insights into the rental and real estate landscape, specifically focusing on the Twin Cities region. While some areas have experienced a decline in rental prices and slight adjustments in the housing market, there are still reasons to...

Embracing the Changing Landscape of New Homes 

Weekly Update Ending June 24th 2023

A Promising Outlook for Homebuyers

The housing market is constantly evolving, responding to various factors that shape buyers' preferences and needs. The latest Weekly Market Activity Report sheds light on the shifting dynamics, highlighting changes in home sizes and key market indicators in the Twin Cities region. As we explore the data, it becomes evident that the market is undergoing a transformation, presenti...