CLICK ⬆️ to hear more about fact from fiction in today’s housing market! CLICK HERE TO GET THE VALUE OF YOUR HOME! Home sales in the Twin Cities during 2023 are expected to be on par with 2022 despite the ongoing pressure of higher mortgage rates, to read more follow this link to StarTribune. CLICK HERE on the […]

While it’s exciting to start thinking about moving in and decorating after you’ve applied for your mortgage, there are some key things to keep in mind before you close. Here’s a list of things you may not realize you need to avoid after applying for your home loan. Don’t Deposit Large Sums of Cash Lenders need to source your money, and […]

CLICK ⬆️ to hear more about what we saw happening before the crazy market started, what we saw this year 2022 and where we are today going into 2023! CLICK HERE TO GET THE VALUE OF YOUR HOME! CLICK HERE TO SEE OUR CURRENT & COMING SOON LISTINGS! CLICK TO REFER THE SMITH TEAM!

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more than doubled – something that’s never happened before in a calendar year. This […]

Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy. Nadia Evangelou, Senior Economist and Director of Forecasting at the National Association of Realtors (NAR), explains it well […]

CLICK ⬆️ to hear more about moving in the winter! CLICK HERE TO GET THE VALUE OF YOUR HOME! CLICK HERE on the above Freddie Mac mortgage graph to see where mortgage rates have been and where they are headed! CLICK HERE TO SEE OUR CURRENT & COMING SOON LISTINGS! CLICK TO REFER THE SMITH TEAM!  

Did the frequency and intensity of bidding wars over the past two years make you put your home search on hold? If so, you should know the hyper competitive market has cooled this year as buyer demand has moderated and housing supply has grown. Those two factors combined mean you may see less competition from other buyers. And with […]

If you’re trying to decide whether or not to sell your house, recent headlines about home prices may be top of mind. And if those stories have you wondering what that means for your home’s value, here’s what you really need to know. What’s Really Happening with Home Prices? It’s possible you’ve seen news stories mentioning […]

CLICK ⬆️ to hear more about ways your can use the equity that you have in your home! Interested in how much equity you have? CLICK HERE CLICK HERE on the above Freddie Mac mortgage graph to see where mortgage rates have been and where they are headed! CLICK HERE TO SEE OUR CURRENT & COMING SOON LISTINGS! CLICK TO REFER THE SMITH TEAM!

There are many people thinking about buying a home, but with everything affecting the economy, some are wondering if it’s a smart decision to buy now or if it makes more sense to wait it out. As Bob Broeksmit, President and CEO of the Mortgage Bankers Association (MBA), explains: “The desire for homeownership is strong. Many prospective buyers are […]