First Edina Realty Open House Extravaganza is Sunday in Roseville and Across Twin Cities

With housing industry insiders expecting the strongest market in several years, Edina Realty on Sunday will hold the first of several Open House Extravaganzas this spring in Roseville and across the Twin Cities region.
Edina Realty said it also plans to hold Open House Extravaganzas on Sundays April 1 and 29, May 6 and June 3. Courtesy of Edina Realty, click here for a list of open houses taking place this Sunday in Roseville. 

Check http://www.edinarealty.com for current listings and houses that will be held open, along with property details and door-to-door driving directions.

Home sales have been rising since last August; pending sales in the Twin Cities metro area were up 25.5 percent in January compared to last year according to the Minneapolis Area Association of Realtors. 

“We’re predicting a very busy spring market thanks to low prices, record low interest rates and an economy that is showing signs of stabilizing,” Bob Peltier, president and CEO of Edina Realty Home Services, said in a press statement.
Peltier said that housing inventory is way down – by 28.1 percent since last year.  “If you’ve been waiting to put your home on the market, there’s no time like the present,” Peltier said.

Peltier added that homeowners could be pleasantly surprised when they consult with a Realtor on their home’s value. “With housing inventory at its lowest level since 2004, there’s less competition, so some homes will sell faster and at a higher asking price.”
Currentlyl, the Twin Cities has about a four and a half month inventory supply of homes, according to MAAR statistics.