Summer Months Real Estate Market Recap
The U.S. housing market is booming, but it isn’t unsustainable like we saw a few years back… let’s hope that doesn’t happen again! We have the right checks and balances in place and the U.S. Government really wants to see the housing market sustain and consistently move in the right direction. The rates staying low […]
Get Your Spring Listing Photos Now!
Summer is in full swing in Minnesota. We just love this time of year. If you’re like us, these endless summer nights are amazing. The grass is lush and green, the flowers are in full bloom, and the patio is ready for your next get-together with friends. Fast forward five months. We’re talking about the […]
Getting Ready to List Your Home?
Thanks to PDFfiller for asking us to do a blog for their Realtor Guest Blog series, which brings you advice from the experts! This week’s post focuses on steps to take when you are getting ready to list your home. For more great posts from PDFfiller, check out their blog at http://blog.pdffiller.com/ Rumor has it […]
Housing Inventory Slowly Disappearing
The price of any item is determined by the supply of that item, and the market demand. The National Association of Realtors (NAR) released their latest Existing Home Sales Report this week. Inventory Levels & Demand Amidst reporting on the fact that sales of existing homes rose 1.2% from January, and outpaced year-over-year figures for […]
Don’t Wait Too Long To List Your Home
Just like our clocks a few weeks ago, the housing market will soon “spring forward!” Similar to the tension in a typical spring, the lack of inventory available for sale in the market right now is what is holding back the market. Many potential sellers believe that waiting until Spring is in their best interest, […]
Getting Ready to List Your Home this Spring?
Spring is in the air! Or at least it will be in hopefully the next month or two. For those of us who have called Minnesota ‘home’ for any period of time, we all know that everyone hunkers down during the winter and once the snow starts to melt, we all come out of hibernation. […]
What is the Future Value of your Home?
To start the year, we want to report on the Home Price Expectations Survey, which is a nationwide panel of over a hundred economists, real estate experts, investment and market strategists that look at the housing industry to consider where prices are going as we move forward. The theory on this is very simple. If […]
America’s Youth & Homeownership
New Construction = New Competition
For the last several years, home sellers had to compete with huge inventories of distressed properties (foreclosures and short sales). The great news is that the supply of these properties is falling like a rock in the vast majority of housing markets (only 8% of homes sold in August). Many homeowners are now thinking of […]
A Home’s Cost vs. Price Explained
We have often talked about the difference between COST and PRICE. As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first time or repeat buyer, you must not be concerned about price but instead about the ‘long term […]
