Blog

Pending Home Sales Rise 16.6%

Contracts to buy U.S. previously owned homes increased more than expected in June, the latest indication that the housing market was weathering the COVID-19 pandemic far better than the broader economy. The National Association of Realtors said on Wednesday its Pending Home Sales Index, based on contracts signed last month, rose 16.6% to 116.1 last month. Economists […]

Buy a Vacation-Rental Home?

Are you considering relocation to Florida? Looking for a vacation home? Perhaps a property to buy and you can rent?  Maybe you just want a place to rent for a few months? Top U.S. Area to Buy a Vacation-Rental Home? The Panhandle Weiss Analytics: Fla.’s Panhandle offers the best returns on vacation-home investments in the […]

Home Sales – The Highest Surge on Record

Thinking of Selling. NOW may be a great time to sell for the most money. What’s your home’s value? Call me, let’s talk. Sales of existing homes jumped nearly 21% in June compared with May, according to the National Association of Realtors. It was the largest monthly gain since the Realtors began tracking the data […]

Open Houses and Safety

First, consider, very few homes are actually sold at opens (stop right now with your one-off examples of where it’s happened). According to the NAR’s 2019 Profile of Home Buyers and Sellers only 6 percent of buyers find the home they purchase via open houses, Thanks to the Internet, your listing is virtually open 24 […]

Housing Statistics for Hennepin County

Housing statistics for Hennepin County. The median price is $325,000 with a +5.9% appreciation. This includes all Hennepin County, all price ranges, Single-family, all construction types, Traditional sales only, all sizes, non-waterfront. https://northstarmls.stats.10kresearch.com/infoserv/s-v1/OLJu-qnn

Weekly Housing Stats

Noteworthy observations for the week ending June 13, 2020   Showings have surpassed 2019 figures. Inventory is at record low levels. May MLS inventory reports have been released for some markets and are included in these stats. New Listing counts have not yet stabilized and continue to bounce up and down – similar to what’s […]