Real estate market is good for sellers

real-estate-vo

ROCHESTER, Minn. – 2016 happened to be a good year if you were selling your home, but it was tough for buyers.

The Southeast Minnesota Association of Realtors gave their breakdown of the past year on Thursday. Their main highlights included a low inventory of homes for sale and sellers getting multiple offers on their properties. In fact, the number of homes going on the market has been on a decline for the past five years.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s