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Historic Home Shortage

Where did all the homes go? The fact is, the number of properties available for sale in the U.S. has reached nearly historic all-time lows. So, what’s the main reason why you’re having trouble affording a new home in Minneapolis – a city being hit the hardest? Newcomers! Newcomers, have been driving down inventory and pushing up prices. Many millennials have been moving to the city and buying condos in downtown priced around $250,000. See what other U.S. cities are taking a hit here: