The U.S. housing market is becoming a tale of regions. Consumers in high priced markets in the West are pushing back with fewer showings and sales. The Midwest is marked mostly by the stability of new listings and sales with gently improving inventory. Many Northeast markets Continue Reading
Sale Pending – 867 Woodridge Ct.
867 Woodridge Ct, Mahtomedi, MN 55115 Immaculate, 2-Story in coveted Wildridge Pines neighborhood! High-end finishes throughout, 4 large bedrooms all on upper level, gorgeous master en-suite. Great floor plan for entertaining or privacy with large open Kitchen to Great Continue Reading
Market Statistics: Week Ending Aug 4th, 2018
Competitive buyers vying for a somewhat limited number of homes for sale have helped prices continue to climb, frequently over the asking price. The latest recorded national unemployment rate of 3.9 percent is historically low and has served as a general indicator of a Continue Reading
Renters for a Weekend or a While: What’s the Best Use of Your Investment Property?
The residential rental market is now the fastest-growing segment of the housing market. In the United States, the demand for single-family rentals, defined as either detached homes or townhouses, has risen 30 percent in the past three years.1 And in Canada, rental units now Continue Reading
Open House Sunday 8/26/18 12pm – 2pm
Open House: 2908 Frank St, Maplewood, MN 55109 12:00 pm - 2:00 pm Sunday, August 26, 2018 Turn-Key, 3 bedroom, 2 bathroom, home in the highly desirable Kohlman Lake Overlook neighborhood. This home features over 2,000 fin. sq. ft, a large Continue Reading
Market Statistics: Week Ending July 28th, 2018
The U.S. Labor Department reported that the economy added 157,000 jobs in July, marking 93 months in a row of job additions. Beginning in October 2010, that is the longest streak of monthly employment growth on record. The unemployment rate dropped to a historically low 3.9 Continue Reading
Market Statistics: Week Ending July 14th, 2018
National indicators do not necessarily predict the local economy, but the national trends can be a reliable gauge for what is happening with local residential real estate. Case in point, the U.S. Bureau of Labor Statistics recently reported that unemployment is relatively Continue Reading
How to Avoid the Top 8 Home Inspection Mistakes
It’s easy to get swept up in the excitement of buying a home. Once you’ve had an offer accepted on your dream house, you’ll probably be anxious to move in. However, before you make a significant financial commitment, it’s best to know exactly what you’re buying. When you Continue Reading
Market Statistics: Week Ending June 23th, 2018
The first half of the year in residential real estate fared as expected, with the most obvious markers continuing to be low inventory and higher prices. We are also seeing decreased affordability in many markets coupled with more urgency (lower days on market) and increased Continue Reading
Market Statistics: Week Ending June 16th, 2018
Sales across the nation have risen not only because this time of year typically offers an increase in residential real estate activity, but because this year, in particular, has proven to have strong economic and market conditions. While it's still true that prices are Continue Reading
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