2013 Positive Outlook

The outlook for real estate in 2013 is positive, and these two articles are just a sample of the evidence. In November 2012, prices in the Twin Cites were up almost 17% from what they were the year before. Per the twincities.com article, “The median sale price for the entire Twin Cities' region was $173,000, up 16.9 percent from $148,000 a year ago.”


Even the national median, which takes into account markets not as strong as Minnesota's, is forecasting growth throughout 2013. This article from CNN points out the projected improvements, while providing a few simple pieces of advice for those looking to buy or sell their home.

Home prices are up, home sales are up, iterest rates are incredibly low and 2013 is looking even better than 2012 (which was a very strong year).

The important trend is making itself obvious: the real estate market is on the move again.

Twin Cities home prices, sales up in November
http://www.twincities.com/business/ci_22176168/twin-cities-real-estate-prices-sales-up-november


Real estate: Find opportunity next year
http://money.cnn.com/2012/12/01/real_estate/housing-outlook-2013.moneymag/index.html?iid=EL