Category Archives: JONATHAN’S BLOG

What is a “Balanced Market”

As we’re starting to see some rebalancing within the housing market for some areas both locally and nationally here’s a breakdown helping define each market environment.  If you have any questions regarding the market stats and interested in getting a free home valuation click on the “What’s My Home Worth” on my home page.

Market Definitions

 

Cold Spring Hot Market!

Even though this “spring” housing market in the Twin Cities experienced a winter wonderland, the housing market continues to stay warm.  The imbalance between inventory and buyers still continues as we get into Mid April so overall home sales are down due to the lack of inventory but home prices continue to climb.  Here’s a recent news release from the Minneapolis Area Association of Realtors.  If you have any further questions regarding the housing stats and/or housing forecasts feel free to email, text or call anytime.

April 2018 News Release

 

A Possible Trend Towards A More Balanced Market?

Certain areas and prices ranges within the Twin Cities are experiencing slight cool downs with buyer and seller activity.  These slight changes are common to see when a housing market is continuing to strive towards a more balanced environment.   See the attached link provided by the Minneapolis Area Association of Realtors discussing the specific statistics.

MAAR Housing News Release