|
Front page story in the business section of the St Paul Pioneer Press
today with the headline "Home price dip coming?". The Article says"yes"
and quotes a senior economist for Wells Fargo, Scott Anderson, who
predicts area home prices will soon fall "less that 5 percent this year,
and another 1 or 2 percent next year". A record number of properties
are for sale in the St Paul-Minneapolis area. Meanwhile, actual St
Paul-Minneapolis metro home sales for the first 6 months of this year
are reported down 10% over 2005. What a change from just 2 or 3 years
ago! Norskey
|
|