Tag Archives: Minnesota Real Estate

How to Make the Dream of Homeownership a Reality This Year

In 1963, Martin Luther King, Jr. inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages many of us to think about our own dreams, goals, beliefs, and aspirations. For many Americans, one…

A New Way to Shop for Homes in a Virtual World

In a year when we’re learning to do so much remotely, homebuying is no exception. From going to work to attending school, grocery shopping, and even seeing our doctors online, digital practices have changed the way we live. This year, rather than delaying their home purchases, buyers – alongside their trusted real estate professionals –…

Will mortgage rates remain low next year?

In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year. According to Freddie Mac, rates hit all-time lows 12 times this year, dipping below 3% for the first time ever while making buying a home more and more attractive as the year progressed (See graph below):When you continually hear how rates are hitting…

Buyer Interest Is Growing among Younger Generations

The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall. However, 2020 is anything but a normal year, and the housing market is no exception. Lawrence Yun, Chief Economist for the National Association of…

Is Now a Good Time to Move?

How long have you lived in your current home? If it’s been a while, you may be thinking about moving. According to the latest Profile of Home Buyers and Sellers by the National Association of Realtors (NAR), in 2019, homeowners were living in their homes for an average of 10 years. That’s a long time to be in one…

3901 12th Ave S Minneapolis MN 55407

Take the virtual tour! 4BR ~ 3BA ~ 2 Car Detached Garage Bright, beautiful craftsman bungalow!So spacious as you enter the front door. A full entry closet for easy coat/shoe storage.Hardwood flooring throughout the main level with a gorgeous stain color.The corner location allows for light to flow through the living space. A renovated upper…

Three of the Latest Reports Show Housing Market Is Strong

The residential real estate market is remaining resilient as the country still struggles to beat the COVID-19 pandemic. Three separate reports recently revealed how the housing market is still showing growth. Here’s a look at each one. 1. Ivy Zelman’s Real Estate Broker Survey The survey explains that purchaser demand remains strong: “This month’s overall homebuyer…

A Historic Rebound for the Housing Market

Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is this rebound so important? According to NAR, the Pending Home Sales Index (PHS) is: “A leading indicator of housing activity,…

964 Edmund Ave St. Paul MN 55104

Take the virtual tour!

So much space—come in and stay awhile! Enjoy a morning cup of coffee in a peaceful, professionally-landscaped backyard with privacy fence and patio. Hardwood floors have just been re-sanded and new carpet installed. 3 bedrooms on the upper level with a large recreation room/bedroom on the 3rd floor…

1520 Edgewater Avenue Arden Hills MN 55112

3 Bedrooms ~ 3 Bathrooms ~ 2 Car Attached Garage Midcentury Original 1st time available! Gorgeous setting just 15 minutes from both Minneapolis and St. Paul with with mature trees and access to Lake Johanna just around the corner.Many original details are still intact!The open space on the main level is fantastic including a garden…