Wow, that was actually very encouraging! Its interesting that inventory is actually lower now than it was before the recession, that makes me think that people have just been cautious to build, even though, if the economy was normal, people would presumably be building more homes than they are now and the supply would be higher (like in 2008). Either way, it seems to me we are just about to come out of this, and I for one, am excited.
Condo-Mondo is a Condo Lifestyle blog by Downtown Minneapolis Real Estate Specialist and Realtor Scott Parkin. Topics include new construction, neighborhood info, local restaurants, events, & juicy gossip. Hoffman Parkin Urban Realty is a boutique real estate brokerage that has sold most of the high-profile developments along the Downtown Minneapolis Riverfront.
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1 comments:
Wow, that was actually very encouraging! Its interesting that inventory is actually lower now than it was before the recession, that makes me think that people have just been cautious to build, even though, if the economy was normal, people would presumably be building more homes than they are now and the supply would be higher (like in 2008). Either way, it seems to me we are just about to come out of this, and I for one, am excited.
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