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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%

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: […]

BROOKLYN PARK APPROVES TENANT PROTECTION ORDINANCE 3:47 PM | Tuesday, October 29, 2019 The Brooklyn Park City Council has given final approval to a new ordinance that protects tenants following an ownership change of apartment buildings. Under the ordinance, tenants must receive a written notice from a new owner. Tenants would receive relocation assistance if during a three-month notification period, the […]

Which is the most important to you? PRICE, QUALITY or SERVICE? If the lowest fee is what you’re after I may not be the person for you. In return, you’ll receive Knowledge, Experience and Skills the average Realtor doesn’t have. If you think hiring an experienced professional is expensive, wait until you hire someone who […]

Does it all seem so confusing? If you haven’t purchased or sold a house within the last 2 years, you’re in for a shock! Everything you thought you knew about buying or selling a home has changed. Amazon, iBuyer, Guaranteed Sale, Open Door, Opcity, Homestead Road, HomePartners Redfin, Zillow and several others. How will these […]