Thursday, August 9, 2012

Real Estate Market Continues to Look Promising.

In the Twin Cities we have had a very hot summer, and the real estate market, although maybe not red hot, has been continuing to show signs that it may be in recovery mode. Buyers taking advantage of great price levels has been coupled with a boost in seller confidence over last year at this time. With both sides activity levels being stronger, it has given new life to the real estate market for 2012. Places like NE Minneapolis, Columbia Heights, Fridley and New Brighton are seeing good sales as people are migrating back to the cities and close suburbs. With gas once again closing in on $4 a gallon, some commuters are tired of monthly fuel expenditures that exceed all their house utilities combined. With all that the cities and close suburbs have to offer as far as entertainment, great places to eat, transportation and parks, it only makes sense to want to live here. We have good momentum now in the market. Let's hope we can keep this rolling right into 2013! So far. So good.

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