Minneapolis Minnesota Real Estate Blog

Downtown Minneapolis Condos Review August 22-28, 2010

Hello and good afternoon!  It’s Mike Weiland in Downtown Minneapolis reviewing the week of August 22nd thru August 28th 2010.  On the MLS in Downtown Minneapolis including all 9 of the downtown neighborhoods there are 9 new listings, 5 relists, 10 pending properties and 7 closed sales.

In contrast to the weather, we are coming to the end of a long, cool Downtown Minneapolis condos summer.  This week’s market activity is up from last week but compared to the tax credit market exactly one year ago, market activity is down over 60%.  The Feds are whispering about new tax credit incentives but there is no timetable in place.  What’s the bottom line?...there is market activity but buyers are holding sellers accountable on price, condition and location.

Are you looking for a great deal?  Why not request our free weekly list of Downtown Minneapolis Condos Luxury Foreclosures over 1500 square visit www.LivingInDowntownMinneapolis.com for more information.

My name is Mike Weiland and if you want to voice your opinion or don’t like my comments please email mike@mikeweiland.com.  Thank you very much and have a great day!

There is a lot of free information available to you about buying, selling or investing in  Minneapolis Condos or Minneapolis Lofts. For complete information about the Downtown Minneapolis condo market including current Minneapolis condos for sale, values, and more please visit the most complete website online dedicated to everything Downtown Minneapolis Condos.  Contact Mike Weiland & Elke Stephan with Edina Realty with any of your real estate or mortgage related questions by filling out the form below.

P.S. Free weekly list of Downtown Minneapolis Condos including private listings and foreclosures in the most popular locations call the 24 Hour Recorded Information Hotline Now for details...1-888-391-9039 Ext. 126 or visit www.LivingInDowntownMinneapolis.com.