Market Update

It's shaping up to be a strong year for the real estate market in the south Metro area. Here are four reasons why Northfield buyers and sellers should be optimistic for 2015, and one reason to worry.

The national trend is a shortage of listings and competition among buyers due to pent up demand from the financial challenges of the last few years.

The national trend of rising home sales is encouraging.

Here's a market snapshot for all of Northfield (55057) as of August 24, 2013.

On a national level, there are some surprises, as detailed in this article - http://money.cnn.com/2013/08/15/real_estate/foreclosure-states/index.html?hpt=hp_t2

Here are some reports about foreclosure activity in Northfield.