Blog

Did you know that the Minnesota legislature has proposed tax increases when you buy or sell a house?   HF-639, a bill that would authorize new $25 surcharges on both the mortgage registry and deed taxes. Authored by Rep. Rick Hansen (DFL-South St. Paul), the legislation would add to current mortgage registry taxes, deed taxes, […]

A recent report by LendingTree analyzed mortgage requests and offers in 2020 for borrowers across the 50 largest metros. The report ranked the metros by the percentage of total purchase mortgage requests received. The report found that millennials made up at least 50% of purchase mortgage requests in most metros. The top 5 metros ranked […]

Well, the crazy trend in the housing market continues. During my 43+ years in the real estate business, I’ve never experienced such a crazy market, no one has. I hear similar reports from all my Realtor friends about how they too are experiencing 10, 20 and even 30+ multiple offers on listings. Offers are $25,000 over […]

As a Realtor, I’m often asked how does remodelling projects affect resale?  This site compares average costs for 22 remodeling projects with the value those projects retain at resale in 101 U.S. markets. REGIONAL DATA – Minneapolis, MN area I hope this helps answer some of the questions. Curious about the equity in your home? […]

Could Pandemic Buyer’s Remorse Lead to a Housing Inventory Boost This Year? People fleeing from cities and cramped apartments during the pandemic are rushing to buy homes — during a time of limited inventory. There’s reason to believe investors could expect many of those homes to hit the market soon. Hasty home buying The pandemic has caused people to […]

Why own your own home? Listen to what Patrick Mahomes, Quarterback, Kansas City Chiefs has to say.   “It’s cool just to have our own house where we can grow into, and so this is definitely a big step in our life. “Renting a house wasn’t for us. We wanted our own place.”   Owning […]