The Truth about Real Estate in Minnetonka!
Real Estate!
What's going on with the Market?
Why can't we find a house?
I want to sell, but fear that I won't find what I'm looking for when I need to buy...
Sound familiar to you? Me too :( I'm hearing this over and over again. The market is setting records each month for the lack of homes on the market. Smile, you are part of history... whether you like it or not...
But, wait, you want to sell... That's Great! The market is wonderful for this...
Discover where Minnnesota Home Prices Fall
When Compared to the Rest of the US
I have heard from so many people lately that prices in MN are going up to quickly... that homes are over priced... that maybe they should wait to buy... Homes are selling in Multiple Offers and it feels like I cant compete... Minnesota is one of the most expensive states to purchase a home in... AHHHH... what is a Minnesotan to do???
*Are prices up from where they were last year??? YES
*Are rental prices up from...
Myths vs Facts~
Foreclosures... Short Sale... Traditional Sellers...
I still have buyers ask me questions about foreclosures and short sales. I still have buyers who want to buy a house that is bank owned so they can get a 'better deal'. I still have buyers who wonder about what a short sale is. I love the questions so I thought I would share some data on the current real estate market
Myth #1: There are more foreclosed homes than traditional homes on the market for sale.
Truth: There are...
Discover How to Remove
'that'
Dog Smell from Your Home!!!
Dogs.... A Man's Best Friend! A Playmate to a Child! Smiles, Smiles and More smiles brought to people because of their dog!!! Along with this fun and companionship comes... well... a smell... We've all been in 'THAT' house... you know the one that I'm talking about... The one that screams 'WE HAVE A DOG' right when you walk through the door!!! Whether you are selling your home or staying in your home, this is a great article for yo...
2017 Seller's and Buyer's...
Who are they???
I admit it... I am a Real Estate Nerd! (and I'm not afraid to shout it) I love to read about Real Estate! The National Association of Realtors released an article titled 2017 Profile of Home Buyers and Sellers. It's a Great Read!
Did you know???
The average buyer in 2017:
*The typical age of a buyer rose to 45!
*People buying new construction was only 15% of the market (this is low compared to 29% in 1989)
*First Time home buyers made up...
The Truth about 'When' You Should Buy!
Thanksgiving has come and Gone...
Black Friday is done... Cyber Monday is here...
And regardless of what Holiday you celebrate in December, Christmas, Hanukkah, Kwanzaa, they are just about here...
SOOO, the question that gets asked... 'When' should I buy??? 'When' should I start the process to buy? 'When', 'When', 'When'???
The short answer is... As soon as you can get pre-approved by a lender and as soon as you find the house that you can call hom...
Get the Skinny on Real Estate Trends in Your Area! September 2017
August 2017 numbers are in!
*Pending Sales decreased by 2.6% from 2016
*Closed Sales actually decreased by 1.4% from 2016
*The number of homes for sale DROPPED significantly by 16.7% from 2016
*This left the month supply of homes at 2.5 months~ (Down 16.7%)
*Prices increased 6.8% with the median sales price of $252,000
*Sellers netted 98.5% of their asking price.
For all the numbers and statistics, the full Minneapolis A...
