It’s only August, but this time during summer usually means making plans for changes ahead, especially the start of a new school year. For potential home buyers with school-aged children, these are the pivotal days for deciding whether or not to purchase or wait. With inventory as low as it is, we are in a place where big moves will be made or saved for later, and sales figures will reflect as much.
In the Twin Cities region, for the week ending July 30:
• New Listings increased 3.3% to 1,723
• Pending Sales decreased 4.6% to 1,289
• Inventory decreased 18.0% to 14,588
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