Weekly Market Activity Report 6/23/14
June 23, 2014
Via one of our real estate partners, Kyle McLean of Real Estate Masters, the Weekly Market Activity Report from the Minneapolis Area Association of Realtors. Thank you, Kyle for sharing with us.
“Some economists do not believe that housing has established enough upward momentum to warrant a declaration of recovery, yet many market analysts are observing the rule of The Tortoise and the Hare. Fast, energetic upward spikes in sales may be exciting, but slow and steady wins the race. This phase of stabilization will likely show itself in year-over-year comparisons that cause yawns, but this kind of race is ultimately good for the market as a whole.”