Mpls MN Real Estate Data

As we look at the data for July, we see the reason for buyers to be a bit more optimistic.  Although this is still a market that favors sellers at price ranges under $500,000, we did see an increase of 4.1 percent in new listings when compared to July of last year. However, buyers should hold off popping the cork on that bottle of champagne because it is sellers that have a reason to celebrate with the median sale price up 6.6 percent over the same time last year. Pending sales were up 0.4 percent and closed transactions were flat with days on the market falling 17.4 percent and inventory levels down 13.4 percent.  

Although we hear the terms “housing market bubble” and “real estate market shift” being bandied about by analysts, economic indicators may be pointing to a slowdown but not a bursting bubble. Past the middle of the year and heading into the end of summer we continue to see record low unemployment and the longest running bull market in history, in spite of trade wars and rumblings about impeachment. While we may be wise to pay attention to the former, history proves the latter will have little or no effect on stocks, housing or the economy in general.  ...

How Top Minnetonka Agent Sold this Single Family Home

If you are looking for a great family home in a sought after community with excellent schools we have the perfect choice for you. Consider this gracious and elegant three bedrooms three bath residence in Minnetonka. With 2376 square feet of living space this traditionally styled two story home not only fits the needs of a family but is also the perfect setting for entertaining.

Prepare to be inspired by classic style with undertones of warmth and contemporary elegance. From your first glimpse, it is obvious this home is meticulous. We are very impressed, and you will be too! 

Outstanding Location

Sitting on a private and wooded hilltop at the dead end of a private road is one of the many features that make this stately home an exceptional...