Team Nexus Real Estate Blog
As 2019 begins both nationally and locally in Minnesota; home sales are down approximately 1.5% from a year ago. Many experts are suggesting that many buyers have become priced out of the market while other frustrated buyers are waiting for more inventory to hit the market.
Home prices are up 4.6% and the average home values in the Twin Cities Region have climbed to: $311,946 as of this publication. See live current and interactive illustration below.
Homes that are price correctly are st...Twin Cities Real Estate Market Update for New Year
FIND OUT WHAT YOUR HOME IS WORTH IN 2019
Twin Cities Area Real Estate Market Update
Housing Affordability Index Affecting the Real Estate Market in the Twin Cities
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Five Critical Criteria for Pricing Your Home in this Market
When you put your home up for sale, one of the best ways to determine the asking price is to look at comparable sales. There’s rarely a perfect apples-to-apples comparison, so a pricing decision often relies on comparisons to several recent sales in the area. Here are five criteria to look for in a sales comparison.
Location: Homes in the same neighborhood typically follow the same market trends. Comparing your home to another in...
