Millennial population jumps sharply in the Twin Cities

Many Millennials are moving to the Twin Cities with the population of young adults increasing by 25% in Hennepin County in the last seven years.  This is one of the largest increases in the nation and good news for the Twin Cities and the region.  The Twin Cities is proving to be an attractive place for young people and should this should help grow our economy and the local real estate market.   The growth in the last seven years has occurred despite nearly 40% increases in Twin Cities rental... Read more »

Twin Cities housing market seen as a buyer’s market as sales decline

The Twin Cities real estate market may be shifting to a more favorable one for home buyers, but this may not last.  Many sellers put the homes on the market this past fall to take advantage of higher home values, but may be a bit anxious as sales activity dropped in October and November.   For price conscious buyers there is still a good inventory of homes for sale and historically low interest rates make this a great time to buy a home, before the spring market picks back up. Full Article-Painter,... Read more »