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With this in mind, here are the top five seller beliefs that are no longer true: I do not need to have the listing agent visit until my home is ready. Wrong. In reality, the sooner the agent can get in, the better. Sellers, assuming the old rules still apply, might spend money on things […]

Comparing Interest rates on home mortgages over the decades? Here are some averages: 70s       8.6% 80s      12.7% 90s       6.29% 10s       4.07% 2020     3.49%  The lowest in 40 years?  Even with home price increases, you’re better off buying today than 10 years ago.  Maybe it’s time to […]

Fed cuts interest rate by half a percentage point amid coronavirus fears The Federal Reserve on Tuesday cut interest rates amid concern about the potential economic toll of the coronavirus outbreak. The Federal Open Market Committee (FOMC), which sets Fed interest rates, announced it would cut its baseline interest rate range by 0.5 percent to […]

Click here for the Annual Housing Market Report for the Twin Cities Metro area. Tom Slupske  REALTOR® | Broker Associate Direct: 763-235-7090 | Text: 612-720-2997 | Email:  tom.slupske@results.net | website: https://tomslupske.com podcasts    

How is the housing market? The share of U.S. homeowners who are single hit a record 38.4% in 2018, the latest data available, according to an analysis of Census Bureau data by Haus, a company that partners with individuals to buy homes to reduce their costs. The trend largely reflects the rapid growth in the portion of […]

99% of houses have issues. It doesn’t matter how new or how old a house. All houses have problems. Generally, a home inspection discovers 25-40 items which should be addressed either now or the future. How extensive and how are these issues addressed? What buyers want to know and what should sellers do to prepare […]