Twin Cities Market Update – January 13, 2017

At the outset of 2017, we are watching for upward movement in some of the same areas that we were watching in 2016. Inventory remains a key metric, as continued decreases may push out potential buyers, especially if mortgage rates continue to increase. However, buying a home is still considered more affordable than renting in […]

Twin Cities Market Update – January 6, 2017

As we look toward 2017, the entirety of the U.S. housing market has never been worth as much as it is right now. Housing stock value grew to $29.6 trillion in 2016, regaining all of the value that was lost during the last recession. An upward trend in mortgage rates, mortgage credit and new construction […]

Twin Cities Market Update – December 30, 2016

As we begin our final descent into 2017, the total value of the housing market has hit its highest point since the early 2000s. With mortgage rates on the rise and prices still increasing in most categories and locations, lower affordability could lead to less demand. However, most real estate professionals remain optimistic about the […]

We WISH you a Merry Christmas!

This is Viv’s energetic and love filled song… if we could sing with this much enthusiasm we would have done that… since we can’t, we’ll have her do the “wishing” for us! Thank you for your loyal support in 2016! We are grateful for you… we wanted to bring you a smile this holiday season […]

Twin Cities Market Update – December 23, 2016

Housing starts have fallen from last month’s nine-year high, but the onset of the winter season has to be a strong consideration for the reason behind the monthover-month slowdown. The fact remains that homebuilder confidence has reached its highest point in more than ten years, and the housing market is rounding out the year in […]

Twin Cities Market Update – December 16, 2016

This has proven to be a steady year for buying and selling activity in the residential real estate market. Although inventory declined and prices increased throughout the year, it has been a rather strong year, and many are predicting that 2017 will remain about the same as long as inventory remains somewhat steady, unemployment rates […]

Twin Cities Market Update – December 9, 2016

National home prices reached a record high, increasing 0.1 percent from the prerecession peak in 2006. This height – driven by low inventory, solid demand and responsible lending practices – is much different from the previous high mark. Inflation is also a factor. Interest rates, unemployment, prices, and wage trends will continue to be factors […]

Perseverance wins the Perfect Townhome!

My first meeting with William was done through a virtual consultation. He was deciding on moving to Florida or staying in Minnesota. At first, he was looking for a single family home with minimal updating required. Then after deciding he was going to stay in Minnesota, he decided to move his focus toward townhomes, but […]

Twin Cities Market Update – December 2, 2016

With the holiday season in full swing, existing home sales rose for the second straight month to the highest they have been since 2007. This was unexpected, since prices are also at record highs and inventory is still consistently declining. As both incomes and employment figures continue to improve, it would be a welcome surprise […]

A Perfect Home for Newlyweds in Plymouth

I met with Natalie and Matthew at the Plymouth RE/MAX office. They came to me as first time home buyers that were recently married and buying their first home together. They ideally wanted to stay in the Maple Grove or Plymouth area to stay close to family. We looked at several homes together but had […]