Friday, June 16, 2017

May showed no signs of slowing for Twin Cities home market

Home listings fell during May to a 14-year low as buyers in the Twin Cities struggled to find properties that were even worth bidding on. There were 8,744 new listings in the month — about the same as last year. The difference was that buyers gobbled all those up and at the end of the month there was actually 17 percent fewer properties compared to the same time last year, according to data from the Minneapolis Area Association of Realtors. Mortgage interest rates haven't moved much and many…

from DIYS http://ift.tt/2t9IUDI

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