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Best time of year to buy a house?

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 […]

Twin Cities Housing Market

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, […]

Myths of Home Selling Renovations

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 […]

Asking Prices Surge to a Record High

While the pandemic continues, home prices are accelerating and, in some markets, began to edge into previously uncharted territory this month. The national median listing price in July was $349,000—a record high, realtor.com® reports in its latest Monthly Housing Trends report. Further, homes are selling just as fast as they were last year. Buyers are […]

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 […]

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 […]