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First-Time Buyers Struggle as Minnesota Homes Top $400,000
Summary by propertyrecordsofminnesota.com
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First-Time Buyers Struggle as Minnesota Homes Top $400,000
Housing prices across Minnesota have reached their highest point in history. The median price of a home statewide has climbed to around $370,000. In the Twin Cities area, the average price just passed $400,000 for the first time. This milestone shows how much the housing market has changed in the past few years. Experts say this rise didn’t happen overnight. Home prices have been increasing steadily for more than a decade due to a mix of strong …
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