2nd Quarter statistic Reveal Continuing Trend
Minneapolis real estate stats for the 2nd Qtr of 2009 still has lender mediated homes in declined. The key question is, if after the $8000 tax credit expires what will happen to the Minneapolis real estate market. Compound that with expiration of the Treasury ending the buying of mortgage back securities which will likely put upward pressure on mortgage rates. It going to be an interesting 2010.
Ray Klotz
Edina Realty
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Stop by from time to time and get info on what is happening in the Twin Cities real estate market. Ray Klotz, with Edina Realty, is a 24 year veteran of the Twin Cities residential real estate industry and it is ever changing.
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