Are you looking to invest in the Minnesota housing market? This beautiful state is booming with potential. There are plenty of cities that offer affordability, safe neighborhoods, and rising home values at moderate costs. But before we dive in to the Minnesota housing market, let’s learn a little bit about the state. Minnesota State Facts… Continue reading Minnesota Housing Market Predictions 2019: Find Your Dream Home
Category: Minnesota
Minnesota housing market
2016 Minnesota Real Estate Market Predictions
In 1858, Minnesota became the 32nd state to be added to the United States. Known as Land of 10,000 Lakes, or officially L’Étoile du Nord (the translation from French is Star of the North), the state covers 86,939 square miles making it the 12th largest in the country. The 2nd northernmost state (after Alaska), part… Continue reading 2016 Minnesota Real Estate Market Predictions
2015 Minnesota Housing Market Predictions
After the serious stagnation of last year, which we covered at large in our report on the 2014 Minnesota housing market, the market has now recovered quite nicely and will reportedly continue to grow into the foreseeable future as well. The housing market predictions for this state (as calculated based on Zillow data), indicate that… Continue reading 2015 Minnesota Housing Market Predictions
2014 Minnesota Housing Market
The 2014 Minnesota housing market experienced some serious stagnation. However, along with the stagnation, this market also saw consistent signs of growth and a slow (but steady) improvement. As of the time this article being published, most market analysts (as well as many sellers) expressed a feeling of confidence in their housing market. The market… Continue reading 2014 Minnesota Housing Market
2013 Minnesota Housing Market
With prices high and inventory low, Minnesota’s housing market is solidly on the rebound. “Home sales are at their highest level in three years, according to new national figures released on Thursday,” reported CBS Minnesota (“Realtors Expect a Bountiful Spring for Real Estate”) on March 21, 2013. “In Minnesota, the big story remains the lack… Continue reading 2013 Minnesota Housing Market
Home Prices Fall Almost 5% in 2011
By Mike Colpitts Home prices fell nearly an average of 5% last year as a result of a troubled U.S. economy, decaying consumer sentiment, high unemployment and a foreclosure crisis that is running out of control, according to real estate research firm Core Logic. The company’s December Home Price Index showed an average 4.7% decline… Continue reading Home Prices Fall Almost 5% in 2011
2012 Minnesota Housing Market
A reduction in distressed home sales, especially foreclosures is sending Minnesota housing markets into a recovery sooner than most of the rest of the U.S. An increase in drastically discounted real estate sales, however, with banks in short sales, in which homeowners sell for less than what they owe on their mortgages are helping to… Continue reading 2012 Minnesota Housing Market
Home Prices Tumbled Less in 2011
By Mike Colpitts Home prices tumbled an average of 4.3% on a year-over-year basis through last November, according to real estate analytics firm CoreLogic. The company’s Home Price Index, released Monday, confirmed what other real estate research companies reported – that home prices fell less in 2011 than 2010. The Santa Ana, California based firm… Continue reading Home Prices Tumbled Less in 2011
Index Shows Housing Prices Decline
By Mike Colpitts Housing prices declined an average of 3.9% through the end of October on a year over year basis, according to the CoreLogic housing price index. The index shows that home values have dropped for three straight months, and are especially hard hit in five states. Nevada has led the nation in foreclosures… Continue reading Index Shows Housing Prices Decline
Home Prices Decline Year Over Year
By Kevin Chiu Home prices declined an average of 4.4% on a year-over-year basis in the U.S. through August, despite a slight increase in home values over summer months as a result of higher home sales, and record low mortgage rates, according to real estate research firm CoreLogic. The decline in home values echoes Housing… Continue reading Home Prices Decline Year Over Year