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 […]

How to buy and sell a home at the same time.

Family surrounded by moving boxes

With historically low interest rates and home equity at a high, you may be starting to think about buying your next house.  But how does it work to buy and sell a house at the same time?  It can be risky – so here are 5 steps to take first. 1. Talk to a Realtor®  Deciding […]

Twin Cities Real Estate Market Update Feb 2021 – A Seller’s Market

Hello!I thought I would reach out with the latest update to the Twin Cities real estate market.  The best phrase I can think of to describe it is “Feeding Frenzy”!  We continue to see extremely low levels of homes for sale.  The last two homes that I showed to buyers had 35 and 29 offers […]

February Real Estate Market Update

The market continues to be a battle ground for buyers right now with many homes under the average sales price of $355,000 selling in multiple offers. We have only 1.7 months of inventory on the market – historically low. Interest rates continue to be historically low as well, making a perfect storm of a seller’s […]