The most competitive segment of the Twin Cities housing market isn’t where most people assume. In the south metro – an area spanning Burnsville, Lakeville, Prior Lake, and surrounding communities – the lower end moves quickly and the upper end has been surprisingly active. The middle of the market is stuck, squeezed by a dynamic that has less to do with demand than with what builders can offer that existing homeowners cannot.
Jason Huerkamp, co-founder of Huerkamp Home Group of Keller Williams Preferred Realty, has operated in this market since 2001 and currently runs a 32-agent team across the Twin...
Developers spend a disproportionate amount of design energy on the parts of a luxury building that buyers will photograph: the lobby, the rooftop lounge,...
Many homebuyers believe the Federal Reserve directly sets mortgage rates. That belief has been distorting purchase timing in markets across the country. Even a...
Most housing markets along the California coast have loosened over the past two years as interest rates climbed and buyer urgency faded. Santa Barbara’s...