Real Estate Consulting & Sales | Residential + Commercial

Today’s housing market.. as bad as the Great Depression?

Please check-out the link below regarding a new article on research compiled by Zillow.  Although Zillow numbers are “estimates”, the Twin Cities is showing a -28.2% decrease in the median sales price since the peak of the market in late 2005/early 2006.  This is in-line with what I estimated, about 30% Metro Wide.  Although this is a hard pill to swollow for many homeowners, Minnesota hasn’t been as bad as many other markets that crashed and burn with the condo crisis.

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