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2021 Home Sales Prediction

Home sales are expected to rise by around 10% in 2021. Home prices will also climb, but more moderate increases should help first-time buyers get into the market. Mortgage rates will continue to be favorable, staying at near historic lows of 3% on average. Predictions by Lawerence Yun, Chief Economist and Senior Vice President of […]

How was 2020 for real estate in the Twin Cities?

How was 2020 for real estate in the Twin Cities? January 2020, the median home price for the Twin Cities was $270,000. The year-end experienced home prices of $307,000, a whopping 10% increase. https://northstarmls.stats.10kresearch.com/…/s-v1/q3xU-YUx Did all areas have similar growth? What about all styles, single-family, townhomes and condos? How was your city? Your neighborhood? Are […]

What Does Homeownership Mean to You?

Owning a home is much more than just a building or a house. ​ A home means independence, growth, happy times, and a place to share with family and friends.​ Homeownership is a particular challenge for many, but many Americans believe there are many benefits to homeownership. A  large share of buyers says the process is too challenging and only a […]

IS THE HOUSING MARKET GOING TO CRASH IN 2022?

Rumors of a “housing crash” have been murmured for years. But is there actually meat behind those murmurs or are they just clickbait? The truth is, while most news outlets feed off the doom and gloom of housing crash headlines, you can feed them a different story: the facts. Yes, the escalation of home price appreciation leaves […]

Security Selling Your Home

Remove keys, credit cards and cash.*​ Lock up anything that contains personal information including letters and bills, ID badges, address books, family notes & schedules on bulletin boards or refrigerator.*​ Remove or lock up valuables such as jewellery, furs, crystal, small electronics, laptops and valuable collectables.*​ Remove or lock up firearms & ammunition, knives and other weapons including […]

Home Sales Inspections – What To Expect

Many communities have mandatory point-of-sale inspections. Check if your city requires.​ Almost ALL buyers make their offer contingent upon a home-Inspection.  ​ The Minnesota Department of Health strongly recommends that ALL homebuyers have an indoor radon tests performed prior to taking occupancy and recommends having the radon levels mitigated if elevated radon concentrations are found. Elevated radon concentrations can be reduced by a qualified, certified or licensed radon mitigator.​ MN.GOV/RADON  ​ NOTE:​ Even townhomes, without basements, […]