Minnesota Housing Market Bounces Back as Twin Cities Realtors Help Rebuild Businesses
The housing market is seeing a rise in sales, and the MN Realtors Giving Campaign is trying to do its part to support local homeownership.
Author: KARE Staff | Published: 4:00 PM CDT October 26, 2020 | Updated: 4:24 PM CDT October 26, 2020
MINNEAPOLIS — According to Chris Galler, CEO of Minnesota Realtors, the housing market is running hot across Minnesota this fall.
Despite the pandemic, listings have been increasing for the first time since March. Pent-up demand, low interest rates and more sellers putting homes up for sale is fueling vigorous activity, Galler said. Every single region across the state of Minnesota has experienced a year-over-year increase in closed sales.