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Twin Cities housing: More, less and not as much
The Twin Cities housing market in November showed that inventories are rising, prices are falling and sellers are getting a smaller percentage of their asking price. Total listings available rose 9.4 percent from November 2006 and are up 32.6 percent from two years ago. Median prices have fallen 5.1 percent in the past year and 6.7 percent since 2005, and sellers are now getting 92.4 percent of their original list price, down from 95.2 percent in 2006 and 97.2 percent in 2005.
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