Housing Market on the Mend

The headline of today's Star Tribune is "Housing permits hit the roof in Minnesota".  The article details positive signs in the housing market, including a 107% increase in building permits issued from last year, home sales up 17% from last year and a vacancy rate less than 2%.  While the industry is far from returning to "normal", the recovery is happening.  Otto Associates has experienced this trend as well and are foreseeing this continued growth in 2013.

The full article can be found here:  http://www.startribune.com/business/181299411.html