Mortgage rates reached a 7 year high of 5% in 2018. However, we've been on a steady decline in 2019. What do changing rates mean for the Real Estate market? Lower rates mean it is more advantageous to sell and then buy a home....
In the mid-2000s HGTV started broadcasting a seemingly endless variety of remodeling shows. It’s been a while, but remodeling is even more popular today. One reason for this is human nature. Let's be honest, everyone loves the satisfaction of a good before and after picture....
Freddie Mac and Fannie Mae have opened new doors for self-employed mortgages. In the past, the process for those self-employed was rigorous and resulted in many headaches. Fannie Mae defines self-employed as owning 25% or greater of the business but “gig” work also falls into...
I’m sure you have seen many people and companies stating online estimates are not accurate. I will explain in depth WHY online estimates are not accurate and the proper use for them. I’ll also give a short overview of an appraisal and how important it...
There are many city improvements incorporated into the Minneapolis 2040 plan. The focus for the Real Estate world is the removal of zoning laws. This has never been done before and we will experience innovation in a classic city structure....
There are many reasons unemployment rates affect the Real Estate market. But is the effect large enough to make an impact in Minnesota specifically? Not really, and here is why....
We are seeing a fractured market right now. There is low inventory in single family homes from $200,000 - $400,000 and far higher inventory in the $400,000 and above range. The tricky situation with an unbalanced inventory is how intertwined the two sides are....
There are 3 big reasons there is such low inventory. The amount of inventory greatly affects the market. It’s the age old principle of supply and demand. Inventory affects the prices and process of real estate. Prices rise and the process becomes faster paced....
All the snow this winter means potential damage to your home. Last month we saw 31.5 inches. This surpassed the previous February snowfall record of 25.6 inches back in 1962. With all this extra snow, Ice Dams and Basement Flooding are a huge danger this...
Relocation buyers are out there. Many companies are still hiring throughout the holidays and need their employees in their new positions as soon as possible. Purchasers who are looking for homes during the holidays are serious buyers and are ready to buy now. You can restrict the...
