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During the height of the pandemic, a lot of the lumber mills shut down. While Menards stayed pretty well stocked, the price of lumber shot up. The National Association of Home Builders reports that the price of lumber increased by 80 percent since mid-April. DIYers Face Lumber Price Hike for Home Projects

Ely, Minnesota Median lake home price: $604,900 Tucked way up in northern Minnesota, Ely is secluded and full of pristine lakes and unspoiled forests. It’s perfect for outdoor recreation with acres to hike and canoe. The top tourist attractions are the International Wolf Center and North American Bear Center. For anyone who wants some waterfront […]

If you’re like most potential home buyers hoping to find your dream home for the right price, then you’re probably thinking: When is the best time of year to buy a house? Traditionally, spring is the most popular time of year to buy a home — but that may not necessarily be the “sweet spot.” Here’s what you […]

So, why is the housing market doing so well? WCCO spoke with realtor Lyndon Smith with Edina Realty, and MAR research director David Arbit. “That’s a multi-faceted answer, and I guess the first one is we’re short on inventory,” Smith said. Homebuilders aren’t keeping up with demand, and in the wake of the 2008 recession, […]

The Costs of Selling a House and How to Maximize Profit. Myth #1 Some sellers want to price at the top of the price market without making updates. I often hear, “There’s no point in making updates, the buyers will just rip them all out.” Meet today’s Home Buyer: Millennials, 23-39 are the majority of […]