Page 2 of 2 Previous

Continued: Twin Cities housing market has no shortage of buyers

  • Article by: JIM BUCHTA , Star Tribune
  • Last update: February 12, 2013 - 11:06 PM

With positive fundamentals in place, Fazendin and other agents are optimistic that the January market is a positive harbinger of what’s to come in 2013 as housing catches up with the broader economic recovery. Early indications suggest another year of low inventory, rising demand and stabilizing prices. Estimates range for year-over-year sales increases of anywhere from 5 to 15 percent, but that depends largely on whether the unemployment rate continues to fall.

“It won’t go gangbusters,” Tousley said. “[But] we’ll see a steady recovery through the year.”

 

Jim Buchta • 612-673-7376


 

  • related content

  • Home sales

  • Home sales

  • get related content delivered to your inbox

  • manage my email subscriptions

ADVERTISEMENT

more from real estate

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

Connect with twitterConnect with facebookConnect with Google+Connect with PinterestConnect with PinterestConnect with RssfeedConnect with email newsletters
 
Close