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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 […]

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

Easy on the eye, easier to buy

As we continue to work to overcome the COVID-19 pandemic, homes are still being bought and sold, the process is just a little different. The industry has adapted to ensure clients can view homes, albeit practicing social distancing. So, if you’re getting ready to stage your home by way of a virtual tour, we’ve got […]