Have a Question? Ask & I'll Answer It With A Video

Free Home Value Report Search For Homes

Expert Tips for Navigating the Real Estate Market

Our mission at The Midcoast Group is to be your best resource for real estate advice. Whether you are a buyer, seller, or investor, our team of professionals can answer any questions you might have about real estate. Subscribe to this blog to get the latest news on local market trends and receive expert tips for buying or selling a home.

Friday, July 11, 2014

Minneapolis Real Estate Market Update for Summer 2014



There are many great Minneapolis area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call us at 612-876-9012 for a FREE home buying or selling consultation to answer any of your real estate questions.

One question that we always get is "How is the real estate market doing?" The answer is different depending on the time of year, but right now the Minneapolis market is advantageous for both buyers and sellers. Here are just a few of the reasons why right now is the perfect time to buy or sell in the Twin Cities.
  • Home values have increased by 10% from this time last year.
  • We are in a summer market, which is typically phenomenal for both buyers and sellers
  • Interest rates continue to be historically low, which is another great sign for buyers.
  • We are still seeing that days on the market and the inventory we have are low, which is another great sign for prospective sellers. 
As you can see, we are in that special market where it is a great time to buy and a great time to sell, which is pretty rare. If you have any questions about this market, give us a call or e-mail and we can discuss it. We look forward to talking with you soon!