The Skinny Blog

Affordability

The beautiful Camden community of Minneapolis has a lot to offer, including some of the most robust real estate appreciation AND some of the most affordable properties anywhere in the city. Tucked into the northeast corner of Camden, the Lind-Bohanon neighborhood is no exception. Values have nearly doubled in only two years (from $60,000 to
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Though not quite as often as the most expensive areas, we are also occasionally asked which cities are the most affordable (least expensive). Below are tables showing the 25 lowest priced markets in the region. The top two tables rank all areas, regardless of market size. The bottom two tables only show areas with a certain
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Over the past two years, lender-mediated foreclosure and short sale properties have seen massive declines in their sales prices as banks slash prices to spur demand and move these declining assets (or are they liabilities?) from their balance sheets. Over the same time period, traditional home sellers haven't seen their property values decline at the
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One of the chief causes of declining home sales in both the Twin Cities and national housing markets was the troubling affordability picture. As we’ve discussed countless times before, consumer income was outpaced in growth almost three-to-one from 1992 to 2005: This is the the darker side of the boom-year housing price increases. To use
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