Specifically, are they buying million dollar (or more) homes in this (Minneapolis) area?
Yup, they sure are. Here’s one of them (and there are 5 more at the end of the article). There’s also a pending sale (signed contract just not closed yet) in the Prior Lake area of a home listed for 3.5 million.
Want to see what other homes are for sale in the upper bracket? Click on the ‘Exceptional Properties’ link above. If you’re thinking of selling your home and it’s priced at over $500,000, it too could be advertised in Edina’s Exceptional Properties magazine. If it’s over $1,000,000 it would also be featured in the Luxury Portfolio Fine Property Collection and would reach 38 countries in multiple languages. Upper end homes are often being purchased by international buyers and therefore deserve international exposure.
Hope everyone is enjoying the absolutely perfect Minnesota weather we’re having today. It’s a great day to get out and see some houses!