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TomsTIPS: What are the advantages of buying a house now?

Waiting to Buy a House will cost you more money. More money for a down payment and more monthly payments. Why? Economists are predicting home prices will continue to increase during 2022. Despite some buyers hopes of price reductions, NO economists are predicting a housing bust The Federal Reserve will increase Interest Rates to fight […]

TomsTIPS: Goodbye Open Houses

Goodbye Open Houses, Hello TikTok Tours? How Homes Get Sold Now Are you planning to buy or sell a home soon? Here are some of the new marketing strategies you might encounter along the way. I’m proud to be a full-time professional Realtor for many years, so with that experience, you might say I’ve been […]

TomsTIPS: 10 Trends that are Dating your home

I found this on YouTube that might interest you. 10 Trends that are Dating your home. I’m proud to be a full-time professional Realtor for many years, so with that experience, you might say I’ve been there and done it, and know what to expect. Why does that matter?  87% of new Realtors fail within […]

FHFA’s new loan limits

Check out the new upper limits for FHA mortgages. “FHFA Announces Maximum Conforming Loan Limits for 2022,” Federal Housing Finance Agency, November 30, 2021. Conforming loan limits on single-family units will rise to $647,200 from $548,250 in most of the country on January 1, 2022. That is an 18.0% increase. Of the nation’s 3,142 counties […]

Housing Inventory hits an 18-year low.

Tight market pushes home prices to new record high in Twin CitiesApril 16, 2021 Tags: Market Data Inventory Hits An 18-Year Low With Buyers Competing For Fewer Listings (April 16, 2021) – According to new data from the Minneapolis Area REALTORS® and the Saint Paul Area Association of REALTORS®, the median price of a home in the 16-county […]

TomsTIPS: Dilemma for home sellers.

You’ve heard about it, you’ve probably read about it, you’ve probably watched about it on the nightly news. Home prices are skyrocketing and sellers are receiving unbelievable offers, $20,000, $30,000 and more over the listing price. Why is this happening? Home sales edged down 6.6% in February compared with the previous month because there just […]