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Home Prices Increase in the Twin Cities and the City is Among the Top 20 Best Places to Buy This Year

Brace Helgeson

Home prices in the Twin Cities metro region increased by 2.2 percent when compared to year-over-year results for the month of January, according the most recent S&P/Case-Shiller Home Price Index. It may appear that home prices only slightly increased in January, but home price gains during the winter typically decrease.

Home prices are on the rise, homes are selling quickly, and mortgage rates continue to remain low making the Twin Cities an ideal place to call home. Forbes recently released its list of "Best Buy Cities: Where to Invest in Housing In 2015,” where once again the Twin Cities metro area appeared on the list.Forbes in conjunction with Local Market Monitor, a data company that tracks home prices and economic factors in more than 300 housing market, compiled the final list. The Twin Cities placed 17. The number one place on the list to buy and invest in the housing market in 2015 was Austin, Texas.

If you are looking to buy or sell a home contact me. Our group specializes inEden Prairie Real Estate,Chanhassen Real Estate, Chaska Real Estate, Lake Minnetonka Real Estate, Edina Real Estate andWest Bloomington Real Estate.

 

Brace Helgeson Coldwell Banker Burnet

Licensed in Minnesota/Lic # 92065

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