Archive for January, 2018

IS NOW A GOOD TIME TO SELL YOUR HOME?

Wednesday, January 31st, 2018

U.S. Housing Inventory Crunch Continues… List Your House Today!                   Every winter, families across the country decide if this will be the year that they sell their current houses and move into their dream homes. Mortgage rates hovered around 4% for all of 2017 which forced many buyers off […]

2017 ANNUAL MARKET REPORT

Thursday, January 25th, 2018

Overall, the U.S. housing market in 2017 has been short on supply, and the Twin Cities is not unique in this regard. Despite the shortage, sales and prices continue to escalate; but nothing goes straight up or down forever. Barring any unforeseen events, we can expect ongoing but more tepid growth in 2018. Buyers may challenge […]

COMING SOON! Affordable North St. Paul Multi-level

Thursday, January 18th, 2018

Affordable opportunity in North St. Paul. Three bedrooms, two baths, mid century modern multi-level close to Casey Lake Park. Great yard! $214,900 Contact Scott Smith with Keller Williams Premier Realty to schedule a private showing, 612-817-7955

FICO Scores on Approved Home Loans Drop Again

Thursday, January 18th, 2018

According to Ellie Mae’s latest Origination Report, the average FICO® Score on all closed loans dropped to 722 which is its lowest mark since April. The average includes all approved refinance and purchase loans. FHA and VA loans showed the most opportunity for millennials looking to enter the market with low down payments and even lower FICO® Score […]

How can we help you to find your next home before it hits the market?

Monday, January 15th, 2018

  The housing crisis is finally in the rearview mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. It seems that the market will continue to strengthen […]

COMING SOON – HUGO 3 BEDROOM END UNIT

Thursday, January 11th, 2018

4993 132nd Street North Hugo, MN $194,900 Three-bedroom end unit townhome with finished walkout basement. Desirable open floor plan with vaulted ceilings, large kitchen, and private deck overlooking yard. Three large bedrooms are all conveniently located on the upper level.  Enjoy the lower level family room with fireplace,  great for entertaining! Take advantage of the […]

Notable Real Estate Trends to Look For in 2018

Tuesday, January 2nd, 2018

1. Coliving And Community-Driven Spaces Coliving and community-driven residential will increasingly have a larger impact on the multifamily industry as it changes to reflect a new wave of renter demands and wants. Just as amenities have defined the last decade of commercial real estate development, the need for unique experiences and services will heighten competition. […]

Tax Reform and Housing: A Reference Guide

Tuesday, January 2nd, 2018

Disclaimer: This guide is not meant to be a resource for tax advice but instead a resource for basic information concerning only certain aspects of the new tax code and how they may impact the real estate market. You should get tax advice from your accountant or tax preparer who will explain how the entire […]