Twin Cities home sales still strong in September

  • Article by: Janet Moore , Star Tribune
  • Updated: October 10, 2013 - 8:09 PM

Year-over-year home prices continue their winning streak as listings rise, but market activity is expected to slow as winter nears.

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bgmach3Oct. 10, 13 6:27 PM

Must be due to the new "Price Adjustment" signs instead of price reduction. haha. The realestate market will never recover and now owning a home is more of a financial burden then benefit. And if you don't think another realestate depression can happen...think again. If the wealthy want to consolidate more wealth which they have over the last 10 years, they will with the help of their bought and paid for politicians.

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Wally_99Oct. 10, 13 8:19 PM

Once the fed starts having to (inevitably) stop printing worthless money, this artificially propped-up housing bubble will collapse again, in a burst as loud as a balloon popping. (*sigh*) Fool me once, shame on you. Fool me twice, shame on me. The next housing bubble burst will be much worse than the one 5 years ago. Mark my words.....

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jd55604Oct. 11, 13 8:14 AM

How many of these home sales were hedgefund financed, all cash purchases and how many were funded through families or individuals with traditional mortgages?

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donm251Oct. 11, 13 8:02 PM

I prefer to pay my own mortgage, which will be paid for in less than 10 years. In contrast, if you rent, you'll be helping somebody else pay they mortgage - forever.

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