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housing market outlook

Are You Ready for the Summer Housing Market?

June 12, 2020 by bobelliot

As the health crisis started making its way throughout our country earlier this spring, sellers have been cautious about putting their homes on the market. This hesitation stemmed primarily from fear of the spread of the coronavirus, and understandably so. This abundant caution has greatly impacted the number of homes Read More

Posted in Home Market Trends Tagged housing market outlook

Experts Predict Economic Recovery Should Begin in the Second Half of the Year

May 21, 2020 by bobelliot

One of the biggest questions we all seem to be asking these days is: When are we going to start to see an economic recovery? As the country begins to slowly reopen, moving forward in strategic phases, business activity will help bring our nation back to life. Many economists indicate a recovery should Read More

Posted in Economy Tagged economic recovery, housing market outlook

Strength of the Economy Is Surprising the Experts

January 30, 2020 by bobelliot

We’re currently in the longest economic recovery in U.S. history. That has caused some to ask experts to project when the next economic slowdown (recession) could occur. Two years ago, 67% of the economists surveyed by the Wall Street Journal (WSJ) for the Economic Forecasting Survey predicted we would have a recession no later Read More

Posted in Market Outlook Tagged housing market outlook

Where is the Housing Market Headed in 2020? [INFOGRAPHIC]

December 20, 2019December 20, 2019 by bobelliot

Some Highlights: Interest rates will be lower than they have been since before 1980 at 3.8% and are projected to remain steady throughout 2020! According to CoreLogic, home prices will appreciate at a rate of 5.4% over the course of the year. Experts predict that the number of homes sold next Read More

Posted in Market Outlook Tagged housing market outlook

Contact Us

Bob Elliot
eXp Realty
612.868.5500
bob@mnresteam.com
7700 France Ave S, Edina, MN
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