Shortage of listings continues to constrain Twin Cities housing market

The Twin Cities real estate market is experiencing a cool down as there continues to be a shortage of affordable and entry level homes. The annual seasonal slowdown has exposed the imbalance between buyers and sellers at the entry level of the housing market. The upper level home market is less competitive than the lower level, as multiple offers for affordable “move in” ready homes has become increasingly common.

Full Article-Buchta, J. (2017, October 16). Shortage of listings continues to constrain Twin Cities housing market. Minneapolis Star Tribune.

Retrieved from www.startribune.com

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