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Which is the right pricing strategy for you? Three price strategy: Less is More: Price slightly below market value in anticipation of a bidding war. Buyers think it’s a steal and start a bidding war through multiple offers driving the price up. Market Average: No more, no less. It’s the average days on the market […]

What has changed in the real estate industry in the last couple of years? Amazon, iBuyer, Guaranteed Sale, Open Door, Opcity, Homestead Road, HomePartners, Redfin, Zillow, Hubuz, Make Me Move, Virtual Agent are now in real estate sales. These national technology-driven entries into real estate are competing against traditional real estate companies for your business. […]

Some are reporting that there is trepidation regarding the real estate market in the United States. Apparently, the American people are quite comfortable. Porch.com, a major network helping homeowners with their renovation projects, recently conducted a survey which asked Americans: “What do you believe is the safest investment over the next 10 years?” U.S. housing came in […]

Forty-two years ago I started real estate and learned that I loved doing that far more than I ever imagined I still love what I do. Over the years I’ve shared my passion with many people to help them achieve their real estate dreams. Along the journey, I’ve earned a reputation among my colleagues and […]

Starter homes are slowly making a comeback. Builders are heading back to the market due to the “tight supply of affordable homes, and a relatively large increase in their price,” Matthew Pointon, property economist at Capital Economics, wrote from New York. Starter homes are the entry-level dwellings that younger people, typically in their late 20s and […]

The Housing Report for October 2019 brought to you by the Minnesota Realtors. To view the Written Report click here October 2018 vs October 2019 Closed Sales 7,802 up 1.3% Homes for sale 20,796 down 5.3% 7 County Metro median sales price +5.9% Statewide median sales price +4.6% Days on market -9.4%