Clear Indications That the Minnesota Economy is Improving

By
Real Estate Broker/Owner with Wayzata Lakes Realty: Eric Kodner Sells Twin Cities Homes

 

Clear Indications That the Minnesota Economy is Improving

 

Ten days ago, the Minneapolis Star Tribune newspaper reported that the State's jobless rate has fallen to 6.4% in October, down half of one percent.

Today, the newspaper published a November Minnesota economic forecast which surprisingly estimates an $876 Million surplus for the rest of the current biennium.

A surplus?  Minnesota is in the black? 

It seems to be the case that things are better than forecast earlier, following a period of education cuts and other austerity measures.  In other words, the Minnesota economy is improving.  More than one indicator points to factors which should influence job growth and a brighter housing future.

 

 

 

 

Posted by

Contact Broker Eric Kodner with Wayzata Lakes Realty about Minneapolis & Saint Paul area properties, including Lake Minnetonka, Edina and the Minneapolis City Lakes area (Lake Calhoun, Lake of the Isles, Lake Harriet). We also sell on the Saint Croix River and on Lake Superior, including Bayfield, Wisconsin and Madeline Island homes.  With sixteen years experience marketing and selling waterfront properties in Minnesota and Wisconsin, we know Lake Minnetonka and Madeline Island real estate.

Wayzata Lakes Realty LLC (Minnesota) and Madeline Island Realty LLC (Wisconsin)

Real Estate Brokerage licensed in Minnesota & Wisconsin

Phone or Text Message 612.670.2539

EMKodner@Gmail.com  or

MadelineIsland@Gmail.com

Wayzata Lakes Realty

 

 

 

 

Comments (2)

Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Eric - That is excellent news that the Minnesota economy is improving

Dec 11, 2011 12:28 PM
Eric Kodner
Madeline Island Realty - La Pointe, WI
CRS, Madeline Island Realty, LaPointe, WI 54850 -

Michelle - We in Minnesota are more than a bit surprised to learn that our state is running a budget surplus.  News like this is bound to have a buoying effect on the real estate market sooner or later.

Dec 14, 2011 02:36 PM

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?