Activity in the Twin Cities residential real estate market rebounded for the week ended Dec. 2 following the annual Thanksgiving pause. New listings were 6 percent greater than the same week in 2005, the first year-to-year increase in weekly seller activity since August…Falling interest rates and seasonal price moderation have prompted the positive effect on affordability, and REALTORS should emphasize this improved buying climate to consumers. Our market has bounded back near the affordability range that drove the boom market of the first half of this decade, which will motivate wise buyers to vacate their spectator seats to participate in a housing market that is in their favor.”
--Information provide by the Minneapolis Area Association of REALTORS®
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