![]()
I saw an interesting article on Inman News today. An estimate is being made as to how many months it will take to clear the "Shadow Inventory" of distressed properties. The analysis suggests that it will take about 4 years to clear the mess on a national basis. In the Minneapolis market, the shadow inventory is still rising, up 10% from 3rd to 4th quarter of 2010, ...
![]()
In the past couple of months I've spoken to a number of relocating home buyers and others who have been considering taking a job in the Twin Cities. Housing costs can vary widely from city to city within the Twin Cities and the cost of living can vary dramaticily from region to region across the United States. There are a number of cost of living calculators that can be used to help ...
![]()
Corporations are starting to move people again. After an 18-24 month drout, relocation business is starting to perk up.
![]()
During July, I've done a lot of showing in Scott County including town homes below $150 and single family homes below $300. While there is a good amount of inventory, I noted that especially among short-sale and foreclosure properties, that they were selling quickly and many of them have multiple back-up offers stacked up waiting for a bank to respond to the original accepted offer. ...