Your town. Your news. Your take.

Local News: Minneapolis, MN 

 | 

Sign Up

 | 

Sign In

 
Advertisment
TwinCities.com

Metro-area home market shows a window of hope

Could the deflating Twin Cities housing balloon be slowing its descent? It's too soon to tell whether the Twin Cities housing market finally is stabilizing, but April's sales stats offered some measure of ...

Read All 4 Comments

Comments

Showing posts 1 - 4 of 4
Big Al

Willmar, MN

|
Report Abuse
|
Judge it!
|
#1
May 9, 2008
 
The fat lady hasn't sung yet. The realtors have been playing the same tired old song for quite some time now, hoping to breathe some life and urgency into the market place. For sure the time will come when the marketplace will resume some normacy, but it isn't happening now. I predict when prices get back to where they were 3-4 years ago, the buyers will jump on board. My opinion here is worth just what you paid for it! Regards to all!!

Joined: Apr 12, 2008

Comments: 267

Minneapolis, MN

|
Report Abuse
|
Judge it!
|
#2
May 9, 2008
 
What did they do change the headline and start a new thread?

Did a real estate broker write this.

The housing plunge is continuing until the prices get in tune with the median income. Its called a market adjustment.
Knightrider

Saint Paul, MN

|
Report Abuse
|
Judge it!
|
#3
May 9, 2008
 
what you really need is job creation to eat up the 11.2 month supply of homes already on the market.Until the inventory is decreased home prices will keep falling.
CyBear

Saint Paul, MN

|
Report Abuse
|
Judge it!
|
#4
May 9, 2008
 
Knightrider wrote:
what you really need is job creation to eat up the 11.2 month supply of homes already on the market.Until the inventory is decreased home prices will keep falling.
There is no shortage of jobs right now.
Showing posts 1 - 4 of 4
Type in your comments to post to the forum
Name
(appears on your post)
Comments
Type the numbers you see in the image on the right:

Please note by clicking on "Post Comment" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Other Recent TwinCities.com Discussions
Topic Updated Last By Comments
Howell: Newsrooms need more conservatives 5 min Lawrence of ... 13
Minnesota Twins' Justin Morneau considers himse... 5 min Mad Dog Bichon 11
Friend dropped from lawsuit in Mankato student'... 6 min Jimmy the Gr... 15
Sheriff: Rice Lake woman jumps out of boyfriend... 6 min Lawyer 7
Franken camp: Some counties did not properly ve... 7 min Kilroy 2
Girlfriend of murder suspect makes public plea:... 11 min Jimmy the Gr... 24
Charley Walters: Minnesota Vikings cornerback A... 12 min Jeff in Texas 26
Related Topix Forums: Home, Home Listing, Foreclosures, Real Estate, St. Paul, MN