09/04/2026
Thinking about making a move but feeling “locked in” by your current mortgage rate? You aren’t alone, but the “lock-in effect” across the Twin Cities is finally starting to thaw.
The September 2026 data is in, and the landscape has shifted significantly. We’ve hit a seven-year high in inventory with over 11,500 active units currently on the market. While 3 months of supply technically still favors sellers, this is a major shift that gives buyers more leverage and breathing room than we’ve seen in years.
What does that actually mean for you? It means the days of settling for “whatever is available” are over. With this influx of new options, you can finally be selective. You have the space to find a home that truly fits your lifestyle, rather than just waiting around for rates to hit 3% again.
The best time to move isn’t necessarily when the headlines say so—it’s when the math and the lifestyle fit work for you. With more homes to choose from than we’ve seen since 2019, the numbers might look a lot better than you think.
Curious about what your current equity looks like in today’s market? Send me a DM or comment “HOME” below, and let’s grab a coffee to look at the numbers together.
Colin Voerding
Coldwell Banker Realty
651-357-3667
