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Twin Cities Housing Market Flip | Rochester Minnesota News
Housing in the Twin Cities is flipping upside down: listings are up, but sales—especially for starter homes—are crashing as mortgage rates climb and buyers hesitate. With the Fed hinting at more rate hikes to fight inflation, affordability is slipping away, leaving agents struggling to move even moderately priced homes. Inventory now sits at a two-and-a-half to three-and-a-half month supply—longest since 2016—and while luxury homes still fly off shelves, entry-level buyers are getting left behind, caught between soaring prices and shaky economic winds. Listen in comfort:Get a discount on a…
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