Bruce Erickson

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Gain from experience

Over fifteen years of real estate experience in Minneapolis ans surrounding communities.

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February Monthly Skinny Video

March 31, 2022 by nimdaerickson

The U.S. real estate market remains hot ahead of the spring selling season, with existing home sales up 6.7% as of last measure. Experts attribute the growth in sales to an uptick in mortgage interest rates, as buyers rushed to lock down their home purchases before rates move higher. Even so, sales prices continue to rise with a Median Sales Price increase of 8.3 percent to $340,000 from this time last year.

Filed Under: Interest Rates

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