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Minneapolis Real Estate Market Update

Tuesday, November 11, 2008

Our Minneapolis real estate team!

The Minnesota Real Estate Team was extemely humbled to learn that we made the Wall Street Journals Top 200 Real Estate Professionals for 2007. The WSJ ranked the top fifty individual agents and teams across the United States according to total volume closed and total number of closed transactions. Our team was fortunate enough to come in the Top 50 Teams in the United States for number of homes sold in 2007. We also were humbled to learn that we were the only real estate team from Minnesota from any company that made this list!

Though our real estate market here in Minneapolis certainly has shifted over the last couple of years, there is still a very high number of closings taking place all across the state. The retail listing market certainly is slower, but inventory levels still fairly high on the MLS, and buyers are getting a great chance to find outstanding "buys."

The moral of the story: it is not all doom and gloom here in the Minneapolis real estate market. Our team is just a very, very small piece of the "real estate pie" here in Minnesota. But this recent honor received does in fact show, there is alot of great real estate activity happening in Minneapolis and the state as a whole.

If you are a real estate investor, check out our free monthly investment property seminars. And if you enjoy real estate radio, take a listen to our weekly FM radio show, The Minnesota Real Estate Show.