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Consider a rent-to-own deal; it’s sorta like test driving a house before you buy. Rent-to-own home agreements are not common, but they do happen. Rent-to-own, or lease-option, agreements give buyers the right to buy the home before the lease expires. This can be helpful for buyers who are not financially ready to buy a home but […]

How the Fed’s interest rate decisions affect mortgage rates What will happen to long-term fixed mortgages Keep in mind that the federal funds rate does not directly affect long-term fixed-interest mortgage rates; those rates are pegged to the yield of U.S. Treasuries, which are set by market forces. “Mortgage rates are so low today because […]

10 real estate agent myths outsiders believe If you’re thinking about becoming an agent, have a clear view of what it’s like, so you can start out on the right foot. From the outside looking in, the reality of what real estate agents do and what we are like is often quite different than the perception consumers […]

It’s expensive to buy a new house right now. Quite expensive, historically speaking. The median sale price of a new home in the U.S. has climbed pretty steadily since 2011. At more than $320,000 for the last three years, the median new home costs more than twice as much as it did in 1970 (accounting […]

Homes for sale in Brooklyn Park? How many new listings? Here’s your information, monthly for the past three years through March 2019. http://northstarmls.stats.10kresearch.com/infoserv/s-v1/F8Jp-NEX Your Dream Home Doesn’t Need To Be A Dream. If you’re not living in the house you want, Call me … Tom Slupske, REALTOR 763-235-7090 email: tom.slupske@results.net

In recent years, sellers have called the shots in home-buying negotiations. They’ve had plenty of leverage, too, thanks to surges in buyer demand, tight inventory and soaring home prices. Lately, sellers have lost their edge in many markets as slower home-price growth and home sales tip the scales more toward buyers’ favor. Although home prices are still […]