Is the Market Dropping?

In this market update video, we explain what is really going on and what it means when you hear about the market dropping! Is the sky falling? The short answer is NO! But sometimes you will see listing prices drop. Find out what that means for the overall state of the market this month.

Right now we are seeing fewer offers, homes selling for over asking, and a decrease in inventory of homes for sale, but solid buyers are able to find what they are looking for at a reasonable price.

"Although sales prices remain up from this time last year, price growth is expected to moderate in the months ahead as the market continues to shift in a more buyer-friendly direction." – St. Paul Area Association of Realtors August Report