Few cities and neighborhoods – around the nation and locally – are turning heads as hotbeds of new housing inventory. Residential real estate markets that have had a hard time dealing with a reduction in the number of homes available for sale are now also struggling to keep Continue Reading
Market Statistics: Week Ending August 5th, 2017
As we reach into August, we'll begin to see the volume of activity wane in anticipation of the school year. Although not every buyer or seller has children, it's no secret that homeownership is a popular housing option for those with kids. In bulk, this has historically been Continue Reading
Market Statistics: Week Ending July 8th, 2017
From a heart-of-summer perspective, the residential real estate market has performed as expected when predictions were made at the front of the year. Buyer interest is high and inventory is not at a proper level to meet demand. Total sales and new listings are generally Continue Reading
Real Home Value Calculator: Assessed Value vs Market Value
Understanding a home’s true market value is about more than pictures, software assessments, and price-per-square-foot. Whether you’re a current homeowner thinking of selling or are house-hunting, it’s crucial you understand what factors affect home valuation. By partnering Continue Reading
Market Statistics: Week Ending June 10th, 2017
New buyers wanting to make their first home purchase are finding that they would have to spend more of their monthly incomes in order to do so. Higher prices during the busiest months of the selling season are giving some buyers pause, which is partly due to low inventory Continue Reading
What’s Your Home Buying Power?
If you’re in the market for a new home or investment property, one of the first questions you’ll probably ask is, “What can we afford?” Many buyers become so caught up in how much they can afford that they don’t realize their total buying power—that is, the total amount of Continue Reading
Market Statistics: Week Ending May 6th, 2017
As we get closer to summer, more houses are put up for sale, as tends to happen around this time each year. Yet it's not as many homes for sale as 2016, and last year did not have as much available to buy as in 2015. The downward trend continues, which can have an effect on Continue Reading
Market Statistics: Week Ending April 8th, 2017
With both inventory and months of supply struggling to keep up with demand, it will not be unusual to see some weeks where pending sales post a year-over-year decline, especially if new listings drop below the standards set during the prior year. Meanwhile, we can continue Continue Reading
Increase Your Home’s Value Up to 28% with These 5 Tips
Great curb appeal not only makes your home the star of the neighborhood, it can also improve its value and help you sell it for more. Whether you’re thinking of listing your home or just want to make your home the envy of your neighbors, here are several ways to increase Continue Reading
Wall Street Journal Discusses the Tough Minneapolis Market
Our very own Twin Cities market is selling insanely fast! Great for sellers, a little challenging for buyers who may not have the flexibility to get out to houses that same day or aren't yet in a position to make an Continue Reading
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