Twin Cities home sales stacking up

  • Article by: JIM BUCHTA , Star Tribune
  • Updated: October 12, 2010 - 1:00 AM

Home sales fell again in September, leaving inventories at their highest level in more than a year.

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jbpaperOct. 11, 10 7:59 PM

What a surprise.

As for the guy who bought the three bedroom house for $77,000, I'm curious about what condition it is in and where it is. Realtors are quick to say that with prices so low now is the time to buy. What they don't say is that most of these low priced homes are barely habitable.

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BudweisercsOct. 11, 10 8:00 PM

and low low price, an abundance of homes, whats the problem? Why are you people not buying? What's that, scared of what the future holds? Join the club, the consumer confidence club, the uncertain business club, the how much will I need for retirement club, the how much will college cost, and who will pay for it club, the will my taxes be going up club, what will my medical cost be once they finally read the bill club, should I buy gold club, will I have to pay for another car for the neighbor club, how much is my energy going to cost me club. But the biggest problem of all, is the leadership of all these clubs: Obama, Pelosi, Reid. There you have it!

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elmi0001Oct. 11, 10 8:03 PM

there are plenty of homes for sale, but nothing desirable.

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BudweisercsOct. 11, 10 8:11 PM

How could I have forgot the most prominent one of all, my bad. Didn't mean to leave you folks out. Also honorable mention to the I can't sell my existing underwater home club also.

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dlfriesenOct. 11, 10 8:13 PM

Well stated.

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dogmannOct. 11, 10 8:42 PM

How about the vote for Dayton and raise your tax club.

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mfdhousingOct. 11, 10 8:51 PM

Budweisercs If you wonder where the jobs went.... did you sleep while Bush supporters outsourced them to slave labor regimes If you wonder why people are scared of what the future holds ...did you forget the Bush policies that looked the other way while dirt cheep labor was brought over our southern border by his pals. Or perhaps you forgot the administration with the worst record on human rights in U.S. history If you wonder where your taxes if your taxes will go up... thank George and his pals for not collecting taxes while they looted the treasury for the benefit of their business associates If your wondering about energy costs... well you know that answer... you put an oilman in charge for eight years It was eight years of discretionary wars, It was eight years of running the country like the free market would cure all ills. It was eight years of Oil and insurance companies running wild, Eight years of diverting American Dream to the pockets of Bush supporters. Dont parrot the idiots.

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mactheknifebOct. 11, 10 8:52 PM

Wondering if anyone out there has done this to "upgrade" in this down market? I know of at least 3 acquaintances that are doing this, and act like it's no big deal. I know one guy who basically told me that the government owes it to him since he has paid his mortgage on time, and he didn't get a single dime from the bailout. I guess I'm just wondering how big of thing it really is.

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mypcaccountOct. 11, 10 9:00 PM

I am looking to upgrade right now but I am stuck with my old home. That means I have to buy a new place and then get a renter. Unfortunately in the area I am looking, anything nice from 300k to 450k is gone within 2 days.

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bgronniOct. 11, 10 9:04 PM

Credit is over. That had a huge impact.

I would never buy a new car without 0% financing.

People will also wait for another credit to come along

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