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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%

Many people want the benefits of living in a single-family home. However, whether they’re a first-time homebuyer who’s cautious about making such a large financial investment, someone who has recently relocated and is unsure of which neighborhood to live in, or someone who is creditworthy but cannot currently obtain a mortgage, they hope to one […]

The most-asked question of the week: “The Fed cut rates last week. Why are you telling me that mortgages have gone up from three-and-a-half to four-something?” There’s no direct relationship between Fed rate cuts and long-term mortgage rates BY LOU BARNES Inman News First, the Fed’s interest rate is the overnight cost of money. The […]

QUESTIONS EVERY HOME SELLER ASKS:   WHAT’S MY HOUSE WORTH?   WHAT DO I NEED TO DO TO GET MY HOUSE READY FOR THE MARKET?   WHO SHOULD WE CHOOSE?   WHAT’S MY COST? Find out more, call me …. When Knowledge Meets Experience Tom Slupske | REALTOR®| Broker Associate | Direct: 763-235-7090 | Text: […]

It’s time to sell or buy a house; what should you know? We’ve all met those friendly and enthusiastic real estate agents. I’ve rarely met one who doesn’t have a great smile and a good story. And real estate agents are all over: waitstaff, teachers, cab drivers, etc. When you’re trying to decide upon which […]