Although the summer season is traditionally a slow time for the Minneapolis real estate market, the summer of 2016 has been one of the best to sell your home in a very long time. In most major markets across the U.S., home prices are up by an average of 5% and with inventory still low across the board, demand still seems to be through the roof.
Here in the Twin Cities market, entry level homes and middle tier homes are both seeing elevations in sales prices, not to mention multiple offers once listed. In addition, mortgage rates have continued to remain low thanks to “Brexit” and a slowed economy in other other industries outside of real estate, making it even easier and more affordable for buyers to finally make that long-awaited transition from
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