Posts Tagged ‘what is my home worth’

Twin Cities Housing Market Update – for the week ending July 31, 2021

Wednesday, August 11th, 2021

The percentage of first-time home buyers fell to 31% in June, the lowest level in more than 3 decades, according to the National Association of REALTORS®. Cash offers, bidding wars, and soaring home prices are making it increasingly difficult for first-time buyers to compete in a market with record low inventory and declining housing affordability, […]

Mortgage Rates have Dropped again! Time to Refinance!

Wednesday, August 11th, 2021

Ready To Sell, but Don’t Know Where You’ll Go?

Wednesday, August 11th, 2021

Some Highlights If you’re thinking of selling your house but don’t know what you should buy, you have options. Existing homes offer a wide variety of home styles, an established neighborhood, and lived-in charm. Meanwhile, new home construction lets you create your perfect home, cash in on energy efficiency, and minimize repairs. Whether you’re looking for newly built or existing homes, both […]

Sellers: Make Today’s Home Price Appreciation Work for You

Wednesday, August 4th, 2021

Home prices continue to rise as we move through the summer, and that’s good news for sellers who are looking to maximize their home’s potential. If you’re on the fence about whether to list your house now or later, the question you should really ask is: will this price appreciation last? Here’s what three leading industry experts […]

Pre-Approval Makes All the Difference When Buying a Home

Thursday, July 1st, 2021

You may have been told that it’s important to get pre-approved at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s crucial to have a clear understanding of your budget so you stand out to sellers as a […]

Is the Real Estate Market Finally Returning to “Normal”?

Wednesday, April 28th, 2021

Don’t Be Fooled by Remarkable Real Estate Headlines Don’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). The data will most likely show eye-popping one-year increases. While the year-over-year jumps will certainly be striking, consumers should take these numbers with a grain […]

Twin Cities Mortgage Rates – Buyer’s Purchasing Power

Friday, April 2nd, 2021

Thanks to low mortgage rates, the spring housing market’s in bloom for buyers “Monthly payments have remained manageable despite soaring home prices because of low mortgage rates. In fact, monthly payments remain below the $1,250 to $1,260 range that we saw in both fall 2018 and spring 2019, but they are on track to hit […]

Price Per Square Foot – Twin Cities Housing Market

Friday, March 26th, 2021

According to Danielle Hale, Chief Economist at realtor.com, “Total active inventory continues to decline, dropping 50 percent. With buyers active in the market and sellers still slow to put homes up for sale, homes are selling quickly and the total number actively available for sale at any point in time continues to decline.” So, you […]