MN Market Crash? - April Housing Update

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  • Опубліковано 3 тра 2023
  • In today's video, we're going to be diving into the latest housing market update for the Twin Cities, Minnesota.
    As you may know, the housing market in the Twin Cities has been booming for the past few years, but we've recently seen a small dip in home prices for the first time since 2017. However, don't let that fool you into thinking that the market is slowing down. We believe this dip is just a temporary blip and expect prices to continue rising in the near future.
    One factor that's contributing to the current state of the market is the extremely low inventory. There are simply not enough homes on the market to meet the high demand from buyers. Additionally, many sellers are holding off on putting their homes up for sale due to the higher mortgage rates. This has created a situation where buyers are scrambling to find available homes and competition is fierce.
    In this video, we'll break down the latest statistics and trends in the Twin Cities housing market, as well as provide some insights and tips for buyers and sellers in this challenging market. So, whether you're a first-time homebuyer, a seasoned investor, or just curious about the current state of the Twin Cities real estate market, this video is for you! Don't forget to like and subscribe for more updates on the local real estate market.
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