Oct 17, 2011. According to the Minneapolis Association of Realtors, the latest market numbers show some encouraging signs. The number of homes for sale in the Twin Cities market fell 21.0 percent to 22,434 (the lowest number since February 2009.) Last week new listings were down 13.0 percent and pending sales were up 48.3 percent. One of the main factors driving this change may be mortgage interest rates which dipped below 4/0 percent for the first time ever! If you would like to take advantage of these incredible rates or have any real estate questions, please don't hesitate to contact us.
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