Halfway Through 2016 and Residential Real Estate has Outperformed Expectations.
Several Key Milestones
- Buyer activity has reached a 10 year high in the Twin Cities
- Median sales price reached a record high in June
- As many sellers accepting offers above current list price as are below
- Market times continue to shrink
- New construction remains subdued
- Mortgage rates nearly fell to all-time lows in this post-Brexit world
Brought to you by the Minneapolis Area Association of Realtors
Increasing Your Home's Appeal