There is no arguing that it is a seller’s market in the Twin Cities, as well as most other markets across the country. Add that to an already high-demand time of year and it is easy to see why prospective homebuyers have their hands full.
A common question that I get from my clients is: what is a reasonable amount to spend on housing? The answer to this question varies depending on to whom you talk. In today’s post I will provide a few general guidelines and then share my own thoughts on this subject.