Minneapolis Real Estate Blog

Ray Klotz-Edina Realty 763-557-4540

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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October 4, 2009 Posted by | Uncategorized | Leave a comment