Get your house ready to sell – 11 Steps to Decluttering

Decluttering is the first step to get your home ready to sell. Staging a home is not the same as decorating. It is about highlighting the features of your home and taking away distractions. Clutter is a distraction. You are moving, you will need to pack, so think of decluttering as starting your packing in advance. […]

Twin Cities Real Estate Market Update – October 2021

TC real estate….”Despite increases in new listings in recent months, America is facing an epic housing shortage, with reporting the U.S. needs an additional 5.24million homes to meet current population needs, an increase of 1.4 million homes since 2019, as new-home construction has failed to keep up with household formations. Assuming the rate of […]

What does low inventory mean to a Seller?

You have heard lately that the Twin Cities is experiencing “low inventory” in the housing market.  But if you are thinking of buying or selling a home,  you are probably wondering exactly how does it impact you? We measure inventory by “Months Supply” which is defined as: Active (housing) inventory vs. the last 12 months of […]

September 2021 NW Metro Real Estate Market Update

Twin City real estate….With the last days of summer on the horizon, experts are expecting an unusually busy fall market, as sellers continue putting more homes on the market, hoping to take advantage of record-high sales prices and strong buyer demand. The National Association of REALTORS® reports the median existing home price was up 17.8% […]

Twin Cities Real Estate Market Update June 2021

In the Twin Cities region, for the week ending May 29 from the Minneapolis Area Association of Realtors: • New Listings increased 2.0% to 1,515• Pending Sales increased 30.6% to 1,673• Inventory decreased 45.4% to 5,837 Twin Cities Real Estate Market Update June 2021 Homes for Sale: Months Supply: Percent of Last List Price: Average […]

NW Metro Real Estate Market Update, May 2021

Twin City real estate…..”A new analysis by housing giant Freddie Mac suggests that the U.S. housing market needs 3.8 million more single-family homes nationwide to meet demand.Sam Khater, Freddie Mac’s chief economist, noted “we should have almost four million more housing units if we had kept up with demand the last few years.” While new […]