Twin Cities experts expect strong 2013 real estate market

  • Article by: DON JACOBSON , Special to the Star Tribune
  • Updated: December 28, 2012 - 2:51 PM

... assuming D.C. lawmakers come to a budget deal pretty soon.

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west336Dec. 27, 12 6:43 PM

In addition, the Twin Cities metro area sustained the 16th highest gross increase in residents YOY from 2011-2012. Although the Twin Cities are also the 16th largest metro, this is good news. Cities like Raleigh-Durham, Austin, Tampa, Denver, Orlando, Vegas, San Antonio, and Charlotte (among others) are smaller metros with higher growth. I think that's an encouraging sign, especially since we were not projected to grow that fast according to the latest projections.

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gemie1Dec. 27, 12 7:09 PM

I hope these folks are right. I have a rental property that I want to sell, but right now it is under water. I have accepted the fact that I will lose my 20 percent down, but I refuse to sell it and have to bring money to the table to close.

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Wally_99Dec. 27, 12 8:03 PM

Ha! We are still in a recession, and a depression is on its way. The fed has created numerous bubbles, ready to be popped. Cans to be kicked down the road to our grandchildren. The housing market, one of those bubbles, is again, being propped up by virtue of the fed's shenanigans. Buy gold, people!!!!!!

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holstjDec. 28, 12 9:14 AM

Tried to build house out of gold and eat gold and wasn't successful with either.

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