Twin Cities Housing Market Annual Report

Each year the Minneapolis Area Association of Realtors publishes a look back on the housing market. The 2010 Annual Report came our recently. There was some good new and some bad news, summarized concisely in introduction…

Despite 2010 being one of the most tumultuous years since the 2007 recession, the worst is likely behind us. If 2010 could be described in five phrases, they would be: tax credit, no tax credit, historically low mortgage rates, record-high affordability and a sloth-like economic recovery.

For more information, check out the full 2010 MAAR Twin Cities Housing Market Annual Report.

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