As we begin another year, everyone wants to know: “Where is the housing market headed in 2019?” It’s not only buyers, sellers, and homeowners who are impacted. The real estate market plays an integral role in the overall U.S. economy. Fortunately, key indicators point Continue Reading
Market Statistics: Week Ending December 1st, 2018
While recent stock market activity has displayed some heart-pounding drops and rallying rises, that volatility has not created the same tidal waves within residential real estate. Increasing home prices and mortgage rates have indeed created a sense of immediacy for some Continue Reading
9 Ways to Share the Spirit of the Season—Starting From Home
The holiday season is upon us, and many of us have already begun to celebrate. From trimming trees to lighting candles, it’s the time of year to fill your homes (and hearts) with holiday joy. But there’s no need to stop at your front door. Let the spirit of the season Continue Reading
NEW LISTING! – SOLD Pending – in just 3 days! The winter market is still red hot . . . An excellent time to buy or sell.
$259,900 - Turn Key 2415 Standridge Ave Maplewood, MN 3+ bedroom, 2 bathroom, home in the high-demand Maplewood neighborhood, just ½ block from Playcrest park (w/playground, tennis courts, trails and ball field). This home features over 2,000 fin. sq. ft, with beautiful Continue Reading
Market Statistics: Week Ending November 3rd, 2018
According to Freddie Mac, the 30-year fixed rate is at its highest average in seven years, reaching 4.94 percent. Last year at this time, the average rate was 3.90 percent. The higher rates are causing a slowdown in home price growth in some markets, but not all markets yet. Continue Reading
‘Tis the Season: 5 Reasons Why Winter is a Great Time to Buy or Sell a Home
It’s a common misconception that you shouldn’t try to buy or sell a home during the fall and winter months. This is generally considered the “offseason” in real estate. Many sellers mistakenly believe that the cold weather will keep buyers away and that no one is looking Continue Reading
Market Statistics: Week Ending October 13th, 2018
It is that rare two-week window when not only politicians battle each other in order to convince voters who is best, but when professional football, baseball, hockey and basketball teams are battling for dominance in their respective sports. Competition is in the air, and Continue Reading
Market Statistics: Week Ending October 6th, 2018
Residential real estate continues to churn out impressive numbers as we reach deeper into autumn. In many markets, new listings and/or pending sales are still outperforming the results from this same time last year. When the economy is strong, buyers and sellers will remain Continue Reading
“How’s the Market?” What’s Ahead for Real Estate
While no one can predict the future with certainty, most experts expect to see modest growth in the U.S. housing market for the remainder of this year and next. Inventory will remain tight, mortgage rates will continue to creep up, and affordability will remain a major issue Continue Reading
Market Statistics: Week Ending September 29th, 2018
The U.S. unemployment rate recently dropped to 3.7 percent, which is its lowest mark since December 1969. The economy continues to bear impressive fruit within and outside of residential real estate, and the Federal Reserve has reacted by raising the benchmark federal funds Continue Reading
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