The housing market has been heating up over these past few months and homes are beginning to fly off the market. Homes are selling, on average, in 46 days in the Twin Cities – the fastest homes have sold since 2005.
This is certainly a great sign for the housing market along with the increase in closed sales and pending sales out there. If you are considering selling your home, this is good news for you. Buyers will be paying more and you’ll reap the benefits.
Previously, the inventory of homes on the market has been low, making it difficult to find what you are looking for as a buyer but we are now seeing this shift and more listings are coming on the market. While you may pay a bit more than in the past few years, as a buyer, you will have more options available to find the perfect home.
All in all, this is a great time for both buyers and sellers to come out ahead!