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RealShare EXCLUSIVE: Twin Cities Real Estate Recovery Is Mixed Bag

MINNEAPOLIS-Activity is up, but even now jobs are the main worry of the real estate industry here, according to the Town Hall panel at RealShare Minneapolis.

By Dees Stribling | Updated on October 29, 2004

Watch for more coverage of RealShare Minneapolis on Monday.

MINNEAPOLIS-The recovery in the Twin Cities real estate market is real. That was the rough consensus of the six Town Hall panelists that spoke in front of an audience of about 200 area real estate professionals at the second annual RealShare Minneapolis, held yesterday at the Sheraton Bloomington.

The consensus was provisional, however, since, “it depends where you stand,” said Steve Hoyt, CEO of Hoyt Properties. “If you’re a seller, life is good. If you develop retail, it’s good. But a lot of brokers have to work a lot harder than a few years ago just to maintain the same volume.”

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