• Real Estate Supply and Demand.

    Feb 3, 2023

    Minneapolis, MN: The current inventory of homes for sale remains at low levels, yet with higher interest rates and economic uncertainty, demand and price growth has slowed, but has not stopped.

    real estate supply and demand


    Buyers previously stuck in bidding wars over asking price and sometimes against dozens of competing offers now suddenly find themselves in a more historically normal atmosphere.

    Sellers may now again be more inclined to negotiate and allow for traditional buyer protections, like home inspections, and common items like seller paid closing costs, and common contingencies, like you have to sell your existing home.

    Great news for first time home buyers, is that lower down payment loans, and even buyers needing down payment assistance have a great chance to make a successful offer again.

    Ready to find a home in today’s market?  Our mortgage experts here at Cambria Mortgage, the Joe Metzler team are happy to provide a no obligation application review, along with an initial softpull credit report, which has no impact on your credit score.

    We lend in MN, IA, ND, SD, and WI. Call (651) 552-3681, or Apply Online Today

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