A Home Buyer’s Market
Tuesday, January 30th, 2007
The below article was published in the St. Paul Pioneer Press on Sunday January 28th, 2007.
It’s a pretty good time to be shopping for a house in the Twin Cities.
The below article was published in the St. Paul Pioneer Press on Sunday January 28th, 2007.
It’s a pretty good time to be shopping for a house in the Twin Cities.
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Wow! My phone has been ringing off the hook this week. It seems that our unusually warm winter is keeping home buyers in the hunt instead of watching football on TV.
It’s great to see the pulse of the Real Estate Market is still pumping strong in the Twin Cities. Contrary to what is published in the the newspaper or broadcasted on TV, the sky is not falling. We will live to see another day.
As a general rule, weaker than expected economic data is good for rates, while positive data causes rates to rise. But what does it all mean Basil?
Here we are. If you had your ear to the Twin Cities Real Estate Market in 2006 you most likely learned about dooms day scenerio’s: Houses aren’t selling with the gusto of 2003-2005, Home Values were Rolling Back, Increased Foreclosure rates, etc.