Is it a good time to buy or sell a home in the Twin Cities?
Written by Kirk Duckwall
The Market
Meter shows the current pace of the real estate market in the Twin Cities that a buyer or
seller is likely to experience. It factors in the average showings per week per
listing "demand", inventory of homes "supply", and
affordability. 0 to 1.99 is a strong Buyer's market, 2 to 3.99 is a Buyer's
market, 4 to 5.99 is a stable market, 6 to 7.99 Seller's market, and 8 or
higher is a strong Seller's market. If it goes above 10 or below zero then it
is in an extreme market condition.
Most other sources are weeks if not months behind on showing where activity is or should I say was. The market meter is updated each week as to the current pace and at the end of the month averaged and plotted for reference.
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By digitally signing this form you are providing with your express written consent to send you business and marketing communications via email and by calls or prerecorded messages dialed by a natural person or by an automatic or automated telephone dialing system. This express written consent applies to each such email address or telephone number that you provide to us now or in the future and permits such communication regardless of their purpose.
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Address: '123 Main St, Anytown' Neighborhood: 'Downtown' Zip: '98115' City: 'Anytown' or 'Anytown, State/Province' MLS number: 'MLS# 38065544'